Foxconn


Foxconn reported to be seeking Vietnam EV partnership

Foxconn reported to be seeking Vietnam EV partnership

(ATF) Taiwan's contract manufacturing giant Foxconn is in early stage talks with a Vietnamese carmaker about a partnership to produce electric vehicles (EV), according to weekend reports.Foxconn has proposed acquiring VinFast's EV production lines, Reuters reported, but VinFast, a unit of Vietnam's largest conglomerate Vingroup, prefers a partnership.The Vietnamese company …

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Why Volvo’s Chinese parent Geely is becoming the “Foxconn of EVs”

Why Volvo’s Chinese parent Geely is becoming the “Foxconn of EVs”

(ATF) Zhejiang Geely Holding Group (Geely Holding), which acquired Volvo in 2010 and has been China’s top-selling homegrown brand for years, has been making headlines in the last two months. On January 11, the automaker founded by Chinese businessman Li Shufu announced it would let China's search engine giant Baidu …

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Geely out to deal its way to the front of the EV grid 

Geely out to deal its way to the front of the EV grid 

Chinese automaker Geely is looking to position itself among the leading EV players through a series of tie-ups and deals to make it the sector’s go-to contract manufacturer.Of four deals recently announced, a venture with Taiwan's Foxconn to provide electric vehicle (EV) contract manufacturing, is possibly the most critical, sources …

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Foxconn and Geely team up to make intelligent EVs for other companies

Foxconn and Geely team up to make intelligent EVs for other companies

(ATF) Apple supplier Foxconn and Chinese carmaker Geely said they would form a joint venture (JV) to sell contract manufacturing and customised consulting services to the global automotive industry.The deal, which was announced on Wednesday, marks Foxconn’s continued expansion into the auto sector and reflects Geely’s desire to partner with …

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Foxconn partnership recharges ailing Chinese EV maker Byton

Foxconn partnership recharges ailing Chinese EV maker Byton

(ATF) China's dynamic new energy vehicle (NEV) market will receive a new jolt with Apple supplier Foxconn Technology Group teaming with Byton, a cash-strapped but reputedly talent-rich carmaker, to make electric sport-utility vehicles from next year.Young Liu, chairman of Foxconn, said in a joint statement that his company would provide …

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Wistron’s India episode may land Apple in hot waters

Wistron’s India episode may land Apple in hot waters

(ATF) In the past, the US technology giant Apple, has faced several allegations of labour law violations against its suppliers and vendors in China, and now Apple may have to take responsibility for the violence at its contract manufacturer Wistron's India plant, say sources.A report by the Karnataka government has …

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Tata plans to build on Apple business 

Apple, Tata join hands to boost handset production

(ATF) India's Tata Group is pivoting to phone components with a new plant that could build on business from Apple to win market share from China. Tata is setting up a globally scalable mobile phone and component contract manufacturing plant in India that will start by making iPhone parts, according …

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Apple pursues China +1 strategy to minimise China risk

Apple pursues China +1 strategy to minimise China risk

(ATF) Like many Western companies looking at exploiting opportunities in other Asian markets to reduce overdependence on China, Apple seems to be increasingly embracing the "China Plus One" strategy in an effort to minimize the impact of the ongoing trade tensions between the US and China.Apple has asked Foxconn to …

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Foxconn to make iPads, MacBooks in Vietnam

Foxconn to make iPads, MacBooks in Vietnam

Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple, a person with knowledge of the plan has revealed, as the US firm diversifies production to minimise the impact of a Sino-US trade war.The development comes as the outgoing administration of US President …

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Apple plan to ramp up production in India 'will spur sales surge'

Apple plan to ramp up production in India 'will spur sales surge'

(ATF) Apple's top contract manufacturers plan to ramp up production in India will not only solve supply bottlenecks, but is expected to rev up its sales on the Subcontinent, analysts say.iPhone resellers in India have cheered Pegatron’s announcement that it will make an initial investment of $150 million to manufacture …

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