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The Latest Breaking News from Foxconn

BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July

The German carmaker has reported that its first-quarter profits for 2025 have fallen by 25%

The Guardian - UK

Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

Foxtron, a joint venture of Taiwan's iPhone manufacturer Hon Hai Precision Industry and Yulon Motor Co., has agreed with Mitsubishi Motors of Japan to develop an electric vehicle to be sold in Australia and New Zealand

The Independent UK

Billionaire Bill Ackman Says Tariff ‘Pause and Negotiations Should Begin Soon’ Because U.S. Has Time on Its Side

Billionaire investor Bill Ackman warned in a weekend X post that U.S.–China tariffs are accelerating supply chain moves to India, Vietnam, Mexico, and elsewhere, giving the U.S. an advantage.

Barchart

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Foxconn's Model C Is Coming To The U.S.—But It Won't Wear A Foxconn Badge

Foxconn—yes, the same company that builds the iPhone you might be reading this on—is gearing up to become a real player in the American EV market. And just like its gig with Apple, the company plans to build the product while letting someone else market and sell it.

InsideEVs

Apple is racing against time to shift iPhone production away from China to dodge Trump's tariffs

The iPhone could find a new home soon.

Laptop

Apple's Shift of US iPhone Assembly to India Marks a Strategic Blow to China, But How?

Apple's reported plan to shift all US-bound iPhone assembly to India as early as next year marks a significant strategic move to reduce reliance on China.

International Business Times UK

Apple to move assembly of US phones to India in shift away from China

Apple is in talks with its outsourcing partners in India to execute this plan amid soaring trade tensions, as per FT.

Al Jazeera

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Apple plans to switch US iPhone assembly to India in blow to China

Rising tariff and trade tensions between the US and China could significantly impact Apple’s sprawling supply chain, which is still heavily dependent on China.

Euronews

The Electric Van Is Poised To Take Over The World

Mercedes helped invent the motorized van in Germany in the late 19th century. Now, it’s reinventing the category for America in the 21st. The global luxury brand has announced that it will be sending various iterations of its modular, battery-powered VAN.EA architecture to the States to move not just cargo,…

InsideEVs

Top PC OEMs reportedly planning Saudi Arabia plants to avoid US tariffs — Lenovo, HP, Dell exploring options as panic continues

Lenovo, HP, and Dell are all in various stages of talks to establish manufacturing plants in Saudi Arabia, as fears of tariff insecurity continue to heighten.

Tom’s Hardware

Made in the USA: Inside Nvidia's $500 billion server gambit

The scale and timeline of Nvidia's plans to build AI server supply chain in the U.S. look ambitious, but can they actually be fulfilled?

Tom’s Hardware

Trump's Trade War With China Could Cost NVIDIA £4.2B As It Races To Build Fully US-Made Supercomputer Chips

Nvidia faces a potential £4.2 billion financial setback due to escalating U.S.-China trade tensions and new export restrictions on its AI chips.

International Business Times UK

Nvidia says it's going to build AI supercomputers in the U.S. as soon as this year

Nvidia is on a course to build AI supercomputers entirely in the U.S. for the first time, but what does that mean for us?

Laptop

Nvidia To Build Supercomputer Chips Entirely In US For First Time

Nvidia on Monday announced plans to build top-end artificial intelligence supercomputer chips entirely in the United States for the first time.

International Business Times

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Tom’s Hardware

Nvidia aims to build $500 billion worth of AI servers in the USA by 2029

To avoid looming U.S. tariffs and strengthen supply chain resilience, Nvidia is partnering with TSMC, Foxconn, Wistron, Amkor, and SPIL to localize production of its AI servers and chips in the U.S.

Windows Central

NVIDIA to manufacture AI supercomputers in the U.S. for the first time

In a major shift, NVIDIA is building AI supercomputers in the United States. Production is expected to ramp up over the next 12-15 months.

Digital Camera World

Apple to beat Trump's tariffs: 1.5 million iPhones are about to enter the US

600 tons of iPhones have been airlifted from India to the US, in Apple's strategic response to trade challenges

PC Gamer

Apple reportedly shipped 600 tons of iPhones in rapid time to 'beat the tariff', only for tariffs to see a 90-day pause

This should hold off price rises for a little while.

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InsideEVs

This Company Made Your iPhone. Now, It Wants To Make Your EV

If you've heard of Foxconn, it's probably because of the iPhone. Officially known as Hon Hai Technology Group, the Taiwan-based firm is the world's largest electronics manufacturer, building everything from Apple's ubiquitous smartphone to Amazon Kindles and Nintendo Switches. Now, it wants to sell you an electric vehicle.

Fortune

Trump’s ‘Liberation Day’ tariffs are now in effect—and Asia is taking the hardest hit

Trump’s tariff rate on China now totals at least 104%, yet Chinese markets rose slightly on the promise of support from Beijing.

Tom’s Hardware

TSMC and Foxconn hit hard in Taiwan following Trump's tariffs announcement

Taiwan's stock market suffered its worst-ever single-day drop after the U.S. announced a 32% tariff on Taiwanese goods and signaled potential duties on semiconductors, triggering panic selling of TSMC and Foxconn.

InsideEVs

Nissan Says 'We Never Stopped' Talking To Honda

Nissan and Honda's initial merger attempt may have collapsed, but that doesn't mean the two auto firms are walking away from the table. The shape and extent of future collaborations are still to be determined, but Nissan executives want to make one thing clear.

InsideEVs

GM And Hyundai's Electric Van And Truck Plans Are Coming Together

Tesla’s sales decline may give its rivals a natural advantage, but General Motors and Hyundai aren’t looking for an easy win. Instead, they’re doubling their EV efforts and even teaming up for future models. The race for EV dominance is more than outpacing Tesla; it’s about keeping up with Chinese…

Motor1

Foxconn Will Build EVs for Two Unnamed Japanese Automakers: Report

Foxconn is apparently on the verge of designing and manufacturing electric vehicles for two unspecified Japanese companies. The Taiwanese electronics maker has expressed interest in cooperating with Nissan, but Foxconn chairman Young Liu did not mention which companies are being considered.

Tom’s Guide

Foldable iPhone and foldable iPad both just tipped for production next year

Apple could be gearing up to start mass-producing two foldable devices next year — here's what we've heard so far.

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