Then-Gov. Scott Walker and Foxconn in 2017 agreed to a $2.85 billion tax incentive package ― including state and local funds ― if the company met annual hiring and capital investment goals.
Foxconn's auto venture with Taiwan automaker and importer Yulon Motor Co., Foxtron, showcased its Model B, a sleek EV ...
These days, electronics companies dipping their toes into the realm of the automotive industry is not exactly a foreign concept. While U.S. establishment automakers like Ford (F) struggle to ...
The company, formally called Hon Hai Precision Industry, did not elaborate. It does not provide numerical forecasts. Foxconn's shares jumped 76% last year, outperforming by far a 28.5% rise for ...
Young Liu, Foxconn’s chairman, said recently that the company’s growing global footprint would help to insulate it against Mr. Trump’s expected tariffs. “The impact on us is likely smaller ...
At the start of this year, a Foxconn company related to the electric vehicle (EV) industry was established in the city, focusing on the production of key components for EVs, vehicle sales and the ...
Foxconn beat the LSEG SmartEstimate of T$2.1 trillion. The company is the biggest assembler of Apple iPhones in the world, and it also has big tech clients like Nvidia as customers. The iPhone ...
Taiwan’s Foxconn 2317-1.86%decrease; red down pointing triangle raked in a record amount of revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial ...