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The Latest Breaking News from Foxconn

Chinese Cities and Factories Lock Down as Outbreak Spreads

Seventeen million people in the Chinese tech hub of Shenzhen began their first full day under lockdown Monday, as a key factory making iPhones closed and restrictions spread across Shanghai and other major cities in an effort to extinguish the biggest-ever threat to the nation's zero-tolerance Covid strategy. The southern…

Asharq Al-Awsat

Foxconn, Luxshare Could Produce Apple Car, Speculation Suggests

Apple Inc (NASDAQ: AAPL) suppliers Hon Hai Precision Industry Co Ltd (OTC: HNHPF) or Foxconn and Luxshare Precision are possible candidates to produce the rumored Apple Car <

Benzinga

GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021

GM says the only reason it bought Lordstown stock in the first place was to allow the EV startup to complete the purchase of the plant and restart production.

InsideEVs

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Lordstown Motors Stock Slides Post Q4 Results; Reaffirms Q3'22 Target For Endurance Sales

Lordstown Motors Corp (NASDAQ:RIDE) reported a fourth-quarter FY21 loss per share of $(0.42), beating the consensus of $(0.73). The total operating expenses rose 120.7% Y/Y to $84.6 million. The operating loss incurred for the quarter was $(84.66) million versus $(38.35) million last year. The company held $244 million in cash and equivalents…

Benzinga

Lordstown Motors and its post-SPAC peers keep losing executives

The past month has been a rough one for some of the electric vehicle startups that went public by merging with special purpose acquisition companies, or SPACs. Lordstown Motors, Canoo and Electric Last Mile Solutions all have seen key personnel leave, and all three are under investigation by the U.S.…

Tribune News Service

Vedanta joins hands with Foxconn to manufacture semiconductors in India

NEW DELHI: Vedanta on Monday said it has signed a pact with electronics manufacturing services giant Foxconn to form a joint venture (JV) for manufacturing semiconductors in India.

The Times of India

Apple's iPhone Supplier Foxconn Hints At Improvement In Supply Chain Challenges: Report

Supply chain challenges that have hurt multiple industries for over a year now may have started improving. Apple, Inc.'s iPhone assembler Hon Hai Precision Industry Co., Ltd.

Benzinga

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Alexa whistleblower demands Amazon apology after being jailed and tortured

Tang Mingfang is willing to risk reprisals to clear his name over Foxconn revelations – and to get backing from Jeff Bezos

The Guardian - UK

Foxconn: Lordstown Electric Pickups To Start Shipping In H2 2022

Foxconn chairman Young Liu tells Nikkei Asia that electric pickups made in cooperation with Lordstown Motors will begin shipping in the second half of 2022.

InsideEVs

Foxconn V-P calls on CM

Company Executive V-P calls on CM

The Hindu

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