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The Latest Breaking News from Foxconn

Chip makers offer big investments as they jockey for federal aid

WASHINGTON — The world’s top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Tribune News Service

Chipmakers offer big investments as they jockey for federal aid - Roll Call

The jockeying for federal money for semiconductor manufacturing has begun as global producers announce big investment plans.

Roll Call

Foxconn’s new car concepts prove it wants to make the iPhone of EVs

Foxconn's new Model B concept is a hatchback, while its Model V is an electric pickup truck. Both models are eyeing a U.S. release.

Inverse

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Apple iPhone Maker Foxconn Would Like To Build EVs For Tesla: CEO

Foxconn claims that it can cut the design time of a car in half and reduce development costs by a third for automakers wanting to use its services.

InsideEVs

Meet The Model V Electric Pickup That Foxconn Wants To Build And Sell In The US

This new electric pickup unveiled by Taiwan-based Foxconn can carry 1 ton (2,200 lbs) in its bed and tow 3 tons (6,600 lbs) behind it.

InsideEVs

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

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

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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.

Bangkok Post

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.

The Hindu

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

Bangkok Post

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.

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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.

The Times of India

Apple’s new iPhone 14 to show India closing tech gap with China

Apple 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…

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

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