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FOXCONN EV BUSINESS
Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock marketVijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for...- India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
- Foxconn to spend up to $3 billion a year on AI, chair sees China EV shakeoutFoxconn plans to invest up to three billion dollars each year in artificial intelligence. The world's largest electronics maker anticipates...
- Foxconn bid for stake in unit of Germany's ZF Group stalls, documents showFoxconn's plan to buy a stake in ZF Group's electric vehicle unit has stalled. A significant gap in valuation expectations and higher-than-...
- Foxconn eyes Japan for electric vehicle growth, seeks partnershipsThe contract manufacturer is set to introduce an electric bus and a battery-powered microbus in Japan in 2027, it said. It focuses on provi...
- Foxconn in talks with Tamil Nadu for battery energy storage unitThe Tamil Nadu government has offered Foxconn around 200 acres of land for its planned battery energy storage system (BESS) facility, sourc...
- Shares of Foxconn's EV unit slide 9% in market debutIn addition to inflation and high interest rates which have raised the cost of buying a car, EV makers are also grappling with supply-chain...
- Foxconn says it is the beginning of the Bharat eraFoxconn's India representative V Lee posted on LinkedIn photos of the recently concluded Hon Hai Technology Day 2023 that took place on Oct...
- Foxconn planning to make EVs in India; Tamil Nadu on radarPeople in the know said Foxconn has been in talks with the Tamil Nadu government and those have particularly been focused on its EV plans.
- Apple supplier Foxconn cautious despite beating earnings forecastsThe world's largest contract electronics maker downgraded its outlook for full-year revenue to a slight decline from a previous guidance of...
- Lordstown Motors files bankruptcy, sues FoxconnFoxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake i...
- Foxconn may set up EV factory in India this yearThis marks the first instance where Foxconn has explicitly stated its plans to further its EV manufacturing ambitions in India.
- Foxconn sees AI driving strong server demand, but full year to be flatFoxconn Chairman Liu Young said during the company's annual shareholders meeting that the firm remained cautious about this year due to mon...
- Apple supplier Foxconn steps up investment outside China, as consumer electronics demand dipsFoxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted...
- Foxconn races to become an EV player and the clock is tickingThe Taiwanese contract manufacturer faces competition in the market for creating white-label EVs that can be tailor-made for clients, wheth...
- A Foxconn Tesla? Taiwan tech giant targets 5% of EV manufacturing by 2025Speaking at the company's annual Tech Day, Chairman Liu Young-way said Foxconn, the world's biggest contract electronics maker, wants to re...
- Foxconn considering skill building institute in IndiaThe idea was discussed by Andy Lee, the chief executive of its Foxtron electric vehicle venture, in the presence of Foxconn chairman Young ...
- Taiwanese electronics giant Foxconn looks at manufacturing EVs in IndiaAt present, in addition to an exclusive facility — outside Chennai — manufacturing Apple’s phones, Bharat FIH, formerly known as Rising Sta...
- Foxconn says looking at making EVs in Europe, India, Latin AmericaFoxconn, formally called Hon Hai Precision Industry Co Ltd, aims to become a major player in the global EV market and has clinched deals wi...
- Apple supplier Foxconn aims to supply to 10% of global electric vehiclesThe Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co Ltd and a major supplier to Apple Inc , is looking at fr...
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