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Thursday 19 December 2024
Chinese automakers weigh Nissan tie-up amid US market challenges
Chinese automakers, including NIO, XPeng Motors, BYD, and Taiwan's Foxconn, are reportedly exploring partnerships with cash-strapped Nissan, leveraging its global distribution networks...
Thursday 19 December 2024
Nissan, Honda to discuss merger next week as Honda reportedly set to counter Foxconn's takeover attempt
Nissan and Honda, two of Japan's automotive giants, are set to hold merger talks on December 23, 2024. Renault, Nissan's largest shareholder and a French automotive leader, is reportedly...
Thursday 19 December 2024
Foxconn eyes stake in Nissan amid Honda integration talks
The landscape of Japan's automotive industry faces potential reshaping as Honda and Nissan explore integration possibilities, complicated by Foxconn's reported interest in acquiring...
Thursday 19 December 2024
Chinese automakers and Foxconn said to have interest in buying Nissan
Chinese carmakers are rumored to be targeting financially troubled Nissan as a means of indirect entry into the US market. Rumors have also pointed to Foxconn as a possible suitor...
Wednesday 18 December 2024
Foxconn reportedly considers major investment in Nissan as Honda-Nissan merger talks go on
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
Monday 16 December 2024
Apple to begin producing AirPods in India for the first time
Apple will begin producing its AirPods wireless earphones in India for the first time early next year, marking a milestone in the iPhone maker's steady push to diversify beyond Chi...
Friday 13 December 2024
Foxconn subsidiary to expand in Thailand with new factories in Chonburi and Rayong
Foxsemicon Integrated Technology Inc. (FITI), a subsidiary of Foxconn specializing in semiconductor equipment, is expanding its footprint in Thailand with a THB10.5 billion (approx...
Friday 13 December 2024
Apple's slimmest iPhone yet may pave way for foldable devices, according to supply chain sources
Although Apple has received much flak for the lack of innovation in the external design of recent iPhones, the much-rumored iPhone 17 Air is now said to have entered the new product...
Tuesday 10 December 2024
Foxconn advances ESG deployment to meet 100% green energy target by 2040
Hon Hai Technology Group (Foxconn) has been aggressively investing in green energy and sustainability initiatives in recent years, as part of its strategy of pursuing both profits...
Monday 9 December 2024
NXP strengthens automotive ecosystem in Taiwan through collaboration with major manufacturers
Two years ago, NXP and Inventec announced their strategic alliance in the automotive electronics sector. They have further revealed plans to establish an automotive ultra-wideband...
Friday 6 December 2024
Foxconn reports November revenue decline due to slow consumer and networking products
Foxconn reported a November revenue of NT$672.585 billion (approx. US$20.76 billion), surpassing the total earnings of the previous year in the first 11 months of 2024. Despite a...
Thursday 5 December 2024
Tata reportedly in talks with Microsoft, Dell, and HP for contract manufacturing collaboration
Tata Electronics, rapidly establishing itself as a significant iPhone assembler in line with Apple's production diversification strategy, is expanding its capabilities to become a...
Thursday 5 December 2024
Foxconn steps up AI deployment in green energy
Amid surging electricity demands and growing potential in green energy, Foxconn is strengthening its market presence by leveraging AI to enhance operational efficiency and value cr...
Wednesday 4 December 2024
Customers are pre-ordering to avoid possible Trump 2.0 tariffs
Although it remains unclear what policies Donald Trump will implement in his second presidential term, business leaders including Foxconn chairman Young Liu have highlighted ongoing...
Monday 2 December 2024
Elon Musk lands priority for Nvidia GB200 delivery in January with US$1.08 billion
Elon Musk's artificial intelligence company xAI has made headlines with its urgent push for advanced AI hardware. Industry sources indicate that Musk directly approached Nvidia CEO...