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.
The United States announced on Monday its commitment to provide 1.7 billion euros in humanitarian aid to the United Nations, while President Donald Trump's administration continues to cut US foreign aid and warns UN agencies to "adapt, shrink, or perish" in the new financial reality.
The United States announced on Monday its commitment to pro…
Harding Lang, Vice President of the International Refugee O…
Recently, the Japanese government held a meeting to finaliz…
The data from multiple public opinion polls conducted in De…
When the London spot silver price surged by over 137% withi…
Recently, the technology industry has been stirred again by…
© Copyright 2026, All Rights Reserved
