https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4
Skip to content 
Foxconn will no longer build electric tractors for California startup Monarch Tractor after the Taiwanese tech giant recently sold its Ohio factory to SoftBank. Monarch CEO Praveen Penmetsa confirmed the news in a LinkedIn comment Tuesday. He also said his company worked with Foxconn to “build up inventory” before the sale of the factory, noting … Read more
Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of Foxconn to deliver on its promises to help revive U.S. manufacturing. The iPhone-maker once promised to build a giant LCD factory in … Read more
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become … Read more
Foxconn, a key manufacturer for Apple, has received an approval from India’s cabinet to build a new 37 billion Indian rupees ($435 million) semiconductor plant in a joint venture with the country’s IT giant HCL Group. The deal is the latest move to reduce Apple’s reliance on China and produce more components in India. The … Read more
Mitsubishi Motors is in talks with Taiwan-based Foxconn’s electric vehicle division to source an OEM electric car model that the Japanese automaker plans to sell in Australia and New Zealand in the latter half of 2026. Mitsubishi said on Wednesday that it had signed a memorandum of understanding with Foxtron Vehicle Technology to develop the … Read more
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more
Jakub Porzyck | Nurphoto | Getty Images Global semiconductor stocks climbed Monday after contract electronics giant Foxconn announced record fourth-quarter revenue, suggesting the artificial intelligence boom has far more room to run. Hon Hai Precision Industry, which does business as Foxconn internationally, said in a Sunday statement that the company’s fourth-quarter revenue totaled 2.1 trillion … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4