The Latest Breaking News from Foxconn

Foxconn (2317.TW) is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) ambitions, the company said on Sunday. The company, formally called Hon Hai Precision Industry Co Ltd, said the investments in Kaohsiung will…

TAIPEI: Terry Gou, the billionaire founder of the technology giant Foxconn, announced on Wednesday that he is seeking the presidential nomination of Taiwan’s main opposition Kuomintang party in order to “avoid war” with China.

The contractor’s dreams of building electric cars are running into the reality of recalls and fledgling partners in Lordstown.

Lordstown Motors is among a growing list of struggling startup EV makers, and it seems it may need to go in a new direction quickly or it may not make it.

VW previously discussed contracting Foxconn or Magna to build the Scout EV brand, but now it's reportedly planning to move forward alone with a new US factory.

In a bid to recover lost ground, CEO Tim Cook may be planning to launch a competitor to the Samsung Galaxy Z Fold4.

In 2011, Apple needed to find a replacement for its contract chip manufacturer—rival smartphone maker, Samsung.

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

The company’s shares fell 27.2% in 2022, performing worse than the broader market.