Strategic partner Foxconn's move to terminate last year's investment agreement is dealing another blow to the ailing company. But even if Lordstown Motors somehow manages to resolve the Foxconn disput
Electric vehicle producer Lordstown Motors Corp (NASDAQ:RIDE) may file for bankruptcy and shut down operations after Foxconn Technology told the startup it may abandon a production partnership  The T
Lordstown Motors Corp. RIDE shares fell 29% Monday after the EV maker said in a filing that Taiwanese electronics contract maker Foxconn wants to end their deal and warned that without that it will be
The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president as he would not decl
Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world's largest electronics manufacturer failed to fulfill grandiose promises to build a
MADISON, Wis. (AP) — Microsoft MSFT, +0.08% has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world's largest electronics manufacturer failed to fu
Foxconn 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

Foxconn Q1 sales edge up, but Q2 outlook poor

04:06am, Wednesday, 05'th Apr 2023
Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc , said on Wednesday that revenue in the first quarter rose 3.9% year-on-year, but that sales f
The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn.
Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the
Apple's chief iPhone supplier will increase investments outside of China as consumer electronic demand weakens. Foxconn, the world's largest contract electronics manufacturer, released earnings Wedn
Apple Inc supplier Foxconn reported on Wednesday a 10% fall in fourth-quarter net profit from a year earlier, as production at its biggest iPhone factory was disrupted by China's strict COVID-19 rules
Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern Indian state of Karnataka earlier this month, the Financial Times repo
The world's largest contract electronics manufacturer is considering a big expansion in India—a tipping point for the country as a heavyweight electronics hub might have finally arrived.
Foxconn wants to do for electric vehicles (EVs) what it has done with the iPhone, but first, it needs to find the next Apple – and fast.
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