Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
Jun Seki, Foxconn's chief strategy officer, said at Hon Hai Tech Day (HHTD) that unlike their smartphones, notebooks (NB), and game consoles, Foxconn's strategy for electric vehicles...
Foxconn has invested in critical EV components and modules, in addition to vehicle manufacturing, to scale its EV venture. Its partner ZF Group, one of the leading automotive suppliers,...
Today (October 18) marked the fourth annual Hon Hai Tech Day (HHTD) as the ceremony kicked off with a combined presentation by Nvidia CEO Jensen Huang and Hon Hai Technology (Foxconn)...
Automotive tier-1 supplier ZF enjoyed steady growth in the first half of 2023. The company said it is on track to reach its annual sales target of EUR45 billion (US$49.5 billion)...
Automotive supplier ZF Friedrichshafen AG (ZF Group) and EMS provider Hon Hai Technology Group (Foxconn) have announced a 50-50 partnership in passenger car chassis systems.
Germany-based automotive supplier ZF continues to scale up its localization in China. On Tuesday, the company broke ground on its third e-mobility plant in recent years. The facility,...
Tier-1 automotive supplier ZF Group is on track to grow its presence in China with additional production capacity for electronic power steering (EPS) systems. The company aims to...
US-based SiC and GaN technologies provider Wolfspeed announced on February 1 a plan to build its first SiC fab in Europe. The project, which aims to start construction this year,...
