News

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...
SoftBank Group Corp is acquiring Foxconn Technology Group's electric vehicle plant in Ohio, in a bid to launch the Japanese ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
Earlier this week, Hon Hai Precision Industry, the flagship unit of Foxconn, said it agreed to sell the EV plant to Crescent ...
Foxconn has announced the sale of its Lordstown plant to Crescent Dune, but will continue to operate at the facility.
Taiwan's Foxconn said on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, ...
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely ...
Foxconn's shares rose 10% in the second quarter after falling 21% in the first quarter. Shares fluctuated throughout the quarter as investors navigated the tariff chaos. After President Trump ...
In July, Foxconn and TECO Electric & Machinery, a company that makes electric motors, announced they will be working together ...
Foxconn purchased the plant, a former General Motors small-car factory named after the town in Ohio where it is located, in ...
The Taiwanese company plans to work with partners to convert the factory into a plant making cloud computing hardware for AI ...
The SoftBank Group has reportedly acquired Foxconn's Ohio EV factory through Crescent Dune LLC for US$375 million, aiming to ...