News

The company has been quiet about future plans, raising questions about was happening inside. The increased speculation this ...
Foxconn has entered into a strategic alliance with TECO to accelerate development of global artificial intelligence data ...
An appellate judge squeezed Lordstown Motors Corp. on whether knowledge of Foxconn Technology Group’s breaches of their ...
The goal of the partnership is to become a bigger player in building the special computer systems needed for artificial ...
Media reports in April said that Foxconn could be expanding production in Lordstown. The reports claimed that the company ...
Staff report Foxconn continued its diversification playbook with Wednesday’s announcement it had entered into a partnership ...
Foxconn announced a partnership with TECO Electric & Machinery, a maker of electric motors, after suspending trading of its ...
Foxconn said it will suspend share trading Wednesday ahead of a major announcement, the news outlet Reuters reported Tuesday ...
Foxconn is expected to triple the number of employees at its Trumbull County facility, adding up to 800 jobs, Trumbull ...
After that deal closed in May 2022, the two companies agreed to a second deal in which Foxconn would invest up to $170 million in Lordstown, which CNBC calculated as a 19.3% stake in the U.S. company.
Lordstown Motors, an electric vehicle startup, has filed for bankruptcy after its deal with Apple supplier Foxconn fell through. The startup accuses Foxconn of fraud and says it failed to live up ...
Foxconn will also invest $100 million in a joint venture that will work with Lordstown Motors and engineer vehicles to be based on Foxconn’s MiH (mobility in harmony) platform.