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FOXCONN EV UNIT
Taiwan's Foxconn books 2% fall in fourth-quarter profit, lags forecastsNet profit for October-December for Nvidia's biggest server maker and Apple's top iPhone assembler was T$45.51 billion ($1.42 billion), ve...
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 signs EV pact with Japan's Mitsubishi MotorsIt marks Foxconn's first major contract in the fast-growing EV sector, and comes as analysts say many Japanese automakers will need to seek...
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...
Foxconn Singapore unit acquires 1.2 billion shares of India subsidiary to aid expansionFoxconn's announcement comes soon after chairman Young Liu met PM Narendra Modi and heads of state in the country. This move is meant to st...
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 EV venture targets India, Thailand for new small carThe Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the...
Foxconn to invest $246 million in 2 projects in northern VietnamThe projects, by its unit Foxconn Singapore, will raise total investments by Foxconn in Vietnam to about $3 billion and will centre on the ...
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...
Make in India push: five of our must-read storiesAmid India’s push to woo chipmakers to India, several semiconductor makers are in talks to set up assembly and packaging facilities in the ...
Foxconn sees AI driving strong server demand, but full year to be flatFoxconn Chairman Liu Young-way told the company's annual shareholders meeting the firm remained cautious about this year due to monetary po...
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...
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...
India visit helped deepen tieup, seek support in new areas: Foxconn ChairmanInvestment talks with state govts on but no definitive pacts inked yet, says Taiwanese company
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 Chairman speaks to Prime Minister Modi, MeitY and Vedanta GroupLiu's visit comes a day after ET reported that the contract phone maker for Apple was looking at making electric vehicles in India as part ...
Welcome Foxconn's plans for expanding electronics manufacturing capacity in India: PM"Glad to meet Mr. Young Liu, Chairman, Foxconn. I welcome their plans for expanding electronics manufacturing capacity in India, including ...
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...
As Foxconn, Tesla plan forays, here's a snapshot of India's EV marketIndia was the world's fifth-largest auto market in 2020, with about 3.49 million passenger and commercial vehicles sold, according to a rep...
Apple assembler Foxconn set to make electric SUVs with Chinese startup Byton in 2022Byton, which is backed by state-owned automaker FAW Group and battery supplier Contemporary Amperex Technology Co Ltd , was building a car ...