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The Latest Breaking News from Foxconn

Taiwan Tech Giant Foxconn's 2024 Profit Misses Forecasts

Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust.

International Business Times

3 Stocks Investing $650 Billion in the U.S.—Should You Invest?

See which three large-cap stocks are planning to invest a total of over $650 billion in the United States over the next several years.

MarketBeat

Struggling Japanese Automaker Nissan Replaces CEO

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.

International Business Times

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From iPhones to AI: Foxconn Launches FoxBrain, an AI Model Built on Llama 3

Foxconn, a name usually known for assembling iPhones, has joined the AI arena by launching its own AI model called FoxBrain. It is built on Meta's Llama

Geekflare

Nissan Could Nab Foxconn Exec For Its New CEO

Nissan's falling out with Honda was just as unexpected as talks of its potential merger. Yet, somehow, it felt inevitable—neither brand seemed interested in a true 50/50 partnership. Soon, rumors arose that the deal was to avoid a hostile takeover from Taiwanese electronics giant Foxconn. Ironically, Nissan may now tap a…

InsideEVs

Elon Musk rebuffs claims that Tesla could invest in Nissan

Japanese carmaker’s shares rise almost 10% after reports that a group wants US EV firm to put in money

The Guardian - UK

Nissan Shares Jump 11% On Reported Plan To Seek Tesla Investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

International Business Times

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What Next For Honda And Nissan?

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen.

International Business Times

Japan's Honda And Nissan Scrap Merger Talks

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

International Business Times

Two New Bills Would Kill The EV Tax Credit, Slap $1,000 Tax On EV Purchases

Tired of politics yet? It's only February, so buckle up. On Today's episode of America, the EV tax credit is once again in the spotlight. Not only are lawmakers looking to end the $7,500 credit for new vehicles, but they're also suggesting repealing the tax credit and adding a $1,000…

InsideEVs

Will Renault sell its stake in Nissan?

In the automotive sector, there is talk of a possible new alliance. After saying goodbye to Honda, Foxconn has not ruled out buying Renault's 36% stake in Nissan. However, the company, which is the world's largest producer of electrical and electronic components for OEMs, has made it clear that its…

Motor1

Foxconn Wants to Work With Nissan, Not Acquire It

We should know more about the state of the Honda-Nissan merger by tomorrow when the two companies announce their quarterly earnings. Reports of the deal’s demise surfaced last week, again putting Nissan’s future in question. However, Foxconn could serve as the potential lifeline the company needs, except the Taiwanese electronics…

Motor1

Nissan's 'Pride' Doomed Its Emergency Merger With Honda

"Pride goeth before destruction, and a haughty spirit before a fall," reads the Book of Proverbs, chapter 16, verse 18. I'm no Biblical scholar, but I think it's unlikely King Solomon wrote that line about Nissan. But you have to admit it fits in this context—especially since "pride" at Nissan is being cited as a reason…

InsideEVs

iPhone manufacturer Foxconn confirms it would seek to buy Renault’s stake in Nissan if up for grabs

With Renault’s alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan by the Taiwanese contract manufacturer to expand into the EV market.

Fortune

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The Guardian - UK

Nissan preparing to pull out of merger talks with Honda

Nissan looking for another partner to help shift to electric cars after tensions over perceived imbalance, says source

Fortune

Nissan suspends talks with Honda, potentially ending the dream of a new Japanese car giant

Nissan’s future reportedly became the sticking point in negotiations, with Honda pushing to make its smaller competitor a direct subsidiary.

Fortune

Taiwan offers to help firms looking to relocate following Trump’s tariff threats

The region’s economic ministry said it’s setting up a consultation hotline and consultation services for affected firms.

Fortune

Asia’s postholiday markets plunge on DeepSeek, Trump tariff fallout

On Monday, Asian investors finally got to digest a week’s worth of bad news.

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Tom’s Hardware

Analysts halve Nvidia Blackwell cabinet shipment forecasts for 2025 — prediction contrasts AI boom

Industry analysts have slashed their 2025 GB200 NVL72 shipment projections by 50%, but the industry expects an explosion of AI hardware shipments.

The Independent UK

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn

InsideEVs

Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense

Honda's CEO just had a pretty awkward press moment related to its potential merger with Nissan. When asked why Nissan would make a good business partner for the mid-sized automaker, Toshihiro Mibe struggled to find the right words before blurting out something that brought laughter to a room full of…

Motor1

Foxconn Is Also Reportedly Interested in a Stake in Nissan

There’s little doubt Nissan is facing an uncertain future right now. A report earlier this week alleged that the beleaguered automaker could merge with Honda under a new holding company. Another report has since surfaced alleging that the Taiwanese company Foxconn, which makes the Apple iPhone, is also interested in…

InsideEVs

'It’s A Desperate Move': Ex-Nissan Boss Carlos Ghosn On Honda Merger

Carlos Ghosn was never one to pull his punches. Even at the peak of his power at the helm of one of the world's largest automakers, he always had a lot to say. So following his daring escape from Japanese prosecution for alleged financial crimes, nobody should have expected the…

TechRadar

Apple set to build a server chip to service its own AI and may have sacrificed the company's fastest ever chip to achieve this; report suggests a strategic tie-in with $850bn Broadcom

Apple is developing a server chip designed to power its AI capabilities, potentially at the cost of what would have been its fastest chip yet.

InsideEVs

Honda-Nissan Merger May Prevent A Hostile Takeover

The world was a bit shocked when news of a potential merger between Honda and Nissan was dropped. But the bigger question that crossed many minds was, "Why?" We know Nissan has been in some financial trouble lately, but for Honda to consider throwing it such a lifeline is perplexing.…

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