Foxconn (2317.TW) is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) ambitions, the company said on Sunday.
The company, formally called Hon Hai Precision Industry Co Ltd, said the investments in Kaohsiung will include plants for making electric buses and batteries for EVs.
Foxconn, a major Apple Inc (AAPL.O) supplier and iPhone assembler, has big ambitions in the EV market as it seeks to diversify its revenue base.
According to a report by The Wall Street Journal on July 22nd, due to the failure of Congress to pass the new fiscal year spending bill, the US federal government will face another partial shutdown starting from July 24th.
According to a report by The Wall Street Journal on July 22…
On July 17th, Taiwan's stock market experienced a historic …
On July 22nd local time, the pre-market short-term decline …
On July 22 local time, Advanced Micro Devices (AMD) officia…
According to the report by Rich Asplund, a columnist of Bar…
In July 2026, the European continent launched a series of c…
© Copyright 2026, All Rights Reserved
