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The Latest Breaking News from Foxconn

Workers leave iPhone factory in Zhengzhou amid COVID curbs

Workers in a manufacturing facility in the central Chinese city of Zhengzhou appear to have left to avoid COVID-19 curbs

The Independent UK

Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou

Cities in central China hastily drew up plans to isolate migrant workers fleeing to their hometowns from a vast assembly facility of iPhone maker Foxconn in COVID-hit Zhengzhou, fearing they could trigger coronavirus outbreaks.

Reuters

Fisker Inc founder Henrik Fisker: pedigree carmaker going electric

After a failed first attempt, the car entrepreneur has revised his design and manufacturing ideas – and will have battery-powered vehicles ready for delivery next month

The Guardian - UK

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Chip makers offer big investments as they jockey for federal aid

WASHINGTON — The world’s top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Tribune News Service

Chipmakers offer big investments as they jockey for federal aid - Roll Call

The jockeying for federal money for semiconductor manufacturing has begun as global producers announce big investment plans.

Roll Call

Foxconn’s new car concepts prove it wants to make the iPhone of EVs

Foxconn's new Model B concept is a hatchback, while its Model V is an electric pickup truck. Both models are eyeing a U.S. release.

Inverse

Apple iPhone Maker Foxconn Would Like To Build EVs For Tesla: CEO

Foxconn claims that it can cut the design time of a car in half and reduce development costs by a third for automakers wanting to use its services.

InsideEVs

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Meet The Model V Electric Pickup That Foxconn Wants To Build And Sell In The US

This new electric pickup unveiled by Taiwan-based Foxconn can carry 1 ton (2,200 lbs) in its bed and tow 3 tons (6,600 lbs) behind it.

InsideEVs

Foxconn Wants To Make Tesla Cars After Fisker Pear EV, Apple iPhones

Taiwanese tech giant Foxconn is ramping up on electric cars. Tesla cars could be next, after Fisker's Pear SUV.

Investors Business Daily

Complete Exit For Exxon From Russia, Microsoft's Layoffs, Another Setback For Boeing's Potential 737 MAX 7 Approval, Visa & Mastercard Under FTC Probe: Top Stories Tuesday, Oct. 18

Reuters Exxon Exits Russia Completely After Putin Seizes Company's Properties

Benzinga

Taiwan's Foxconn unveils more electric vehicle prototypes

Taipei (AFP) - Taiwanese tech giant Foxconn unveiled two more electric vehicle prototypes on Tuesday, including a pickup truck, saying commercial production on two other designs would start later this year.

AFP

Smartphone maker Foxconn unveils EV for Taiwan brand Yulon

The Taiwanese company that assembles smartphones for Apple Inc. and other global brands has unveiled an electric SUV that will be produced for a Taiwan automaker under a similar contract model

The Independent UK

EV Startup INDIEV Signs Deal With Foxconn To Build EV Prototypes In Ohio

INDIEV is an EV startup based in Los Angeles with no means to manufacturer vehicles on its own, which is why it's enlisting the help of Foxconn.

InsideEVs

Foxconn Shows Foxtron Model B As Its Tesla Model Y Rival

This tall hatchback will be assembled in China starting next year and Ohio from 2024 in a newly built US manufacturing plant.

InsideEVs

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Al Jazeera

Vietnam eyes China’s tech crown as firms tire of ‘zero COVID’

Apple, Google, and Samsung are among the tech giants expanding operations in the fast-growing Southeast Asian country.

InsideEVs

Lordstown Endurance Enters Production, Only Two Trucks Made So Far

Lordstown Motors has also confirmed the start of Endurance sales in Q4 2022, subject to full homologation testing and required certification.

ABC News

What does government support for fossil fuel subsidies cost our economy and environment?

Experts say government subsidies for private companies sustain the environmentally unsustainable, and lead to inequality and poor business practices.

The Street

Apple Stock Slides On Report of iPhone Production U-Turn Amid Waning Consumer Demand

Just weeks after reportedly asking suppliers to prepared for a surge in iPhone demand, Apple is reportedly paring-back plans to boost production.

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The Hindu

Apple starts production of iPhone 14 at Foxconn’s plant near Chennai

According to sources, the iPhone 14 manufactured from the Foxconn’s plant will be for both domestic and export markets

The Hindu

Maharashtra’s loss is Gujarat’s gain

The loss of the Vedanta-Foxconn project has caused an uproar in Maharashtra

The Hindu

Ajit Pawar denies allegations that Vedanta decided to move project to Gujarat during MVA rule

The Eknath Shinde-led Maharashtra government and the opposition have been holding each other responsible for the multi-billion project going to neighbouring Gujarat.

Bangkok Post

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

AFP

Foxconn strikes $19.4 bn deal to make chips in India

Mumbai (AFP) - Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.

The Hindu

Vedanta, Foxconn sign MoU with Gujarat government to set up semiconductor unit in state

Vedanta and Foxconn to invest ₹1,54,000 crore to set up the facility in Gujarat

The Street

Apple Stock Edges Lower Ahead Of 'Far Out' iPhone 14 Launch Event

A new iPhone, fresh versions of the Apple Watch and updated AirPods are expected to highlight the tech giant's 'Far Out' autumn launch event.

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