PTT / Hon Hai joint venture establish electric vehicle production in Thailand
September 17, 2021The new automotive manufacturing plant will potentially root in ECC, including production system, supply chain management, and engineering research and development center. The investment worth USD 1-2 billion and aims to promote the country as ASEAN's EV hub.
Foxconn and Stellantis go ahead with Joint Venture
August 30, 2021Hon Hai Precision Industry (Foxconn), together with its subsidiary FIH Mobile, and Stellantis have entered into a joint venture agreement. Mobile Drive, the joint venture entity, will focus on delivering a smart cockpit solution for vehicles.
Foxconn buys 6-inch wafer fab from Macronix
August 06, 2021Macronix, a designer and manufacturer in Non-Volatile Memory (NVM), and EMS-giant Foxconn, have signed an agreement for the sales of Macronix’s 6-inch wafer fab and equipment in Hsinchu Science Park to Foxconn for NTD 2.52 billion (USD 90.65 million).
Rising threat of COVID-19 to hamper smartphone production
July 21, 2021Given the intensifying COVID-19 pandemic in India and Vietnam in April and May, TrendForce is revising its forecast of annual smartphone production for 2021 from 1.36 billion units down to 1.35 billion units in response to the second wave of coronavirus that has spread throughout India and Vietnam.
Foxconn and Gogoro team up on smart batteries and scooter
June 25, 2021Electronics manufacturing giant, Foxconn, has signed a Memorandum of Understanding (MOU) with mobility company Gogoro, to form a strategic technology and manufacturing partnership.
Stellantis, Foxconn to develop digital cockpits via new JV
May 19, 2021Stellantis and Hon Hai Precision Industry (Foxconn) have signed a non-binding memorandum of understanding to form Mobile Drive, a 50/50 voting rights joint venture.
Foxconn and Fisker to produce EVs in U.S. from Q4 2023
May 14, 2021Fisker and Foxconn will jointly develop a vehicle under the Fisker brand that will be sold in the North America, Europe, China and India. Potential US manufacturing sites are currently under review under consideration by the companies.
Foxconn and Yageo team up to form a semiconductor JV
May 06, 2021Yageo Group and Foxconn (Hon Hai) Technology Group announces their plans to for a new semiconductor joint venture, XSemi Corporation, for the development and sale of semiconductors.
Foxconn and Wisconsin reach new agreement
April 20, 2021The worlds biggest EMS provider has reached a new deal with the state of Wisconsin, and a resolution is near between the Wisconsin Economic Development Corporation (WEDC) and Foxconn regarding the company’s project in Mount Pleasant.
MMI: Top 50 EMS sales reached $384 billion in 2020
April 13, 2021Manufacturing Market Insider says that In 2020, sales from the Top 50 EMS companies accounted for USD 384 billion in revenue – an increase of USD 17 billion from 2019.
Foxtron team up with Nidec to boost EV powertrain development
March 31, 2021Foxtron, Foxconn's electric car company, has signed a memorandum of cooperation (MoU) with Nidec Corporation, under which the parties now join together as strategic cooperating partners looking to increase the momentum in the powertrain development for next-gen EVs.
Xiaomi partners with DBG and BYD to boost Indian manufacturing
February 26, 2021Xiaomi, or Mi India, recently completed five years of its “Make in India” journey, where the company has been producing smartphones and smart TVs locally. Now the company is upping the pace.
Foxconn to manufacture Fisker e-cars
February 25, 2021Fisker has entered into a MOU with Hon Hai Technology Group. Foxconn is said to manufacture the vehicle at projected annual volumes of more than 250,000. Global market scope – including North America, Europe, China, and India.
Amazon to set up first device manufacturing line in India
February 17, 2021Amazon has announced its plans to start manufacturing Amazon Devices in India. The company will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn in Chennai and start production later this year.
Foxconn and Winbond invest in chipmaker Kneron
January 20, 2021Foxconn and Winbond joins companies such as Qualcomm, Horizons, Sequoia and Weltrend as high profile investors in Kneron
Geely and Foxconn form joint venture
January 13, 2021Geely Holding and Foxconn are looking to establish a joint venture company to provide OEM and customised consulting services – providing whole vehicles, parts, intelligent drive systems and automotive ecosystem platforms to global automotive companies.
Appear partners with Foxconn on new smartphone
January 08, 2021Appear Inc. is launching the worlds first graphene battery-powered 5G Smartphone, and to meet expected demand the company has partnered with with Foxconn India.
Terry Gou addresses Foxconn's Wisconsin investment
October 20, 2020“Foxconn will remain committed to the completion and continued expansion of our project and investment in Wisconsin as long as policymakers at the federal, state, and local levels remain committed to Foxconn,” Terry Gou says.
Foxconn fell short of targets in Wisconsin – misses out on tax credits
October 13, 2020Foxconn’s factory in Wisconsin did not manage to create enough jobs last year to earn the company tax credits, the state reportedly said on Monday, making this the second year the company has missed its targets.
Foxconn invests in SigmaSenseLoad more news
September 24, 2020Touch screen technology company, SigmaSense, has closed a USD 22 million Series A funding round led by Foxconn Technology Group.