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The Latest Breaking News from Foxconn

Foxconn Wants To Make Tesla Cars After Fisker Pear EV, Apple iPhones

Taiwanese tech giant Foxconn is ramping up on electric cars. Tesla cars could be next, after Fisker's Pear SUV.

Investors Business Daily

Complete Exit For Exxon From Russia, Microsoft's Layoffs, Another Setback For Boeing's Potential 737 MAX 7 Approval, Visa & Mastercard Under FTC Probe: Top Stories Tuesday, Oct. 18

Reuters Exxon Exits Russia Completely After Putin Seizes Company's Properties

Benzinga

Smartphone maker Foxconn unveils EV for Taiwan brand Yulon

The Taiwanese company that assembles smartphones for Apple Inc. and other global brands has unveiled an electric SUV that will be produced for a Taiwan automaker under a similar contract model

The Independent UK

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EV Startup INDIEV Signs Deal With Foxconn To Build EV Prototypes In Ohio

INDIEV is an EV startup based in Los Angeles with no means to manufacturer vehicles on its own, which is why it's enlisting the help of Foxconn.

InsideEVs

Foxconn Shows Foxtron Model B As Its Tesla Model Y Rival

This tall hatchback will be assembled in China starting next year and Ohio from 2024 in a newly built US manufacturing plant.

InsideEVs

Vietnam eyes China’s tech crown as firms tire of ‘zero COVID’

Apple, Google, and Samsung are among the tech giants expanding operations in the fast-growing Southeast Asian country.

Al Jazeera

Lordstown Endurance Enters Production, Only Two Trucks Made So Far

Lordstown Motors has also confirmed the start of Endurance sales in Q4 2022, subject to full homologation testing and required certification.

InsideEVs

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What does government support for fossil fuel subsidies cost our economy and environment?

Experts say government subsidies for private companies sustain the environmentally unsustainable, and lead to inequality and poor business practices.

ABC News

Apple starts production of iPhone 14 at Foxconn’s plant near Chennai

According to sources, the iPhone 14 manufactured from the Foxconn’s plant will be for both domestic and export markets

The Hindu

Maharashtra’s loss is Gujarat’s gain

The loss of the Vedanta-Foxconn project has caused an uproar in Maharashtra

The Hindu

Ajit Pawar denies allegations that Vedanta decided to move project to Gujarat during MVA rule

The Eknath Shinde-led Maharashtra government and the opposition have been holding each other responsible for the multi-billion project going to neighbouring Gujarat.

The Hindu

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

Bangkok Post

Vedanta, Foxconn sign MoU with Gujarat government to set up semiconductor unit in state

Vedanta and Foxconn to invest ₹1,54,000 crore to set up the facility in Gujarat

The Hindu

Thai industry left at the altar

Heightened geopolitical tensions are tipped by some analysts and economists to trigger a spillover effect, with one possibility the relocation of industries to this region, including Thailand.

Bangkok Post

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Dynamite News

Gadgets: Apple planning to manufacture iPhone 14 models in India

According to GSM Arena, this news comes from a new Bloomberg report which also details Apple's plans to ramp up production with contract manufacturer Foxconn at its assembly plant near Chennai. Read more on Dynamite News:

Bangkok Post

Apple plans to make iPhone 14 in India

Apple Inc plans to begin manufacturing the iPhone 14 in India about two months after the product's initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.

Asharq Al-Awsat

Apple Supplier Foxconn to Invest $300 Mln More in Northern Vietnam

Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday. The Taiwanese company's new factory, on a plot of 50.5 hectares (125 acres)…

Asharq Al-Awsat

Report: Apple Suppliers to Make Apple Watch and MacBook in Vietnam

Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern…

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InsideEVs

Foxconn To Build Monarch Electric Tractor At Ohio Plant From Q1 2023

The agreement with Monarch Tractor is Foxconn's first contract manufacturing deal after it finalized the plant acquisition from Lordstown Motors in May 2022.

The Hindu

Foxconn seeks competitive incentive proposal from State govt.

Foxconn Chairman Young Liu says he wishes to meet Tamil Nadu Chief Minister M.K. Stalin on setting up a EV manufacturing plant

Benzinga

Benzinga Before The Bell: Elon Musk Sells $6.8B Tesla Shares, Nio Begins ES7 Test Drives, Coinbase Accused Of Misleading Investors And Other Top Financial Stories Wednesday, August 10

Wall Street Journal

The Hindu

HC quashes case booked for a Facebook post related to Foxconn labour unrest

‘Criticism of government machinery will not attract offences under the Indian Penal Code’

The News Lens

Will Foxconn Pivot Away From China?

Aggressive local competition and rising geopolitical risk make the contract electronics manufacturing giant’s China dependency more precarious than ever.

InsideEVs

Fisker Poaches BMW US Plant Executive To Lead Global Manufacturing

Before joining Fisker, Alpay Uguz served as general manager of assembly for BMW X5, X6, X7 and Motorsport at BMW's SUV plant in Spartanburg, South Carolina.

The Hindu

Tamil Nadu makes EV pitch to Foxconn

Government officials meet chairman Young Liu and offer help in expansion

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