Indian Government approves semiconductor JV of HCL and Foxconn On May 14, the Union Cabinet of India approved the establishment of one more semiconductor unit under the India Semiconductor Mission. It is a joint venture of HCL and Foxconn. Together, they will set up a plant near Jewar airport in the Yamuna Expressway Industrial Development Authority or YEIDA. This plant will manufacture display driver chips for mobile phones, laptops, automobiles...

News  Updated at: 2025/05/14

Foxconn analyzing installation of EV plant in Mexico On May 9, it was reported that Sonora Governor Alfonso Durazo met with President Claudia Sheinbaum and executives from Taiwanese tech giant Foxconn to advance new investment opportunities in the state, with a strong focus on electric vehicle (EV) production. A key outcome of the meeting was the formation of a working group to evaluate strategic projects, including the potential installation of ...

News  Updated at: 2025/05/13

Mitsubishi Motors and Foxtron sign MOU for OEM supply of EV On May 7, Mitsubishi Motors announced that the company and Foxtron Vehicle Technologies Co., Ltd. (hereafter, Foxtron), a subsidiary of Hon Hai Precision Industry Co., Ltd. (Foxconn) responsible for developing electric vehicles, have signed a memorandum of understanding (MOU) to supply Mitsubishi Motors with an electric vehicle (EV) model developed by Foxtron and have decided to proceed ...

News  Updated at: 2025/05/07

Sharp to sell semiconductor business to Foxconn by September Sharp Corporation (Sharp) announced that it will sell its semiconductor business to Taiwanese Hon Hai Precision Industry Co. Ltd. (Foxconn), its parent company, by September. The sale is part of its business reorganization, and the price will be JPY 15.5 billion. Sharp Fukuyama Laser Co., Ltd. (Fukuyama City, Hiroshima Prefecture), its subsidiary that develops and produces products such...

News  Updated at: 2025/04/25

International Automotive and Motorcycle Parts & Accessories Exhibition) AUTOTRONICS TAIPEI (Taipei International Automotive Electronics Show) EV/E-MOBILITY TAIWAN (Taiwan International Smart Mobility Trade Fair Hybrid Exhibition) Among the exhibitors, Taiwan's Hon Hai Precision Industry Co., Ltd. (Foxconn) exhibited products related to its platform for EVs, including the C-segment electric SUV MODEL B and the MODEL C North American version, as w...

News  Updated at: 2025/04/24

NVIDIA begins manufacturing Blackwell chips with TSMC in Arizona On April 14, NVIDIA announced that its Blackwell chips have begun production at a factory operated in partnership with TSMC in Phoenix, Arizona, while it also continues to work on the construction of two future factories to be operated in Texas, in partnership with Foxconn in Houston and Wistron in Dallas. Mass production at both plants is expected to ramp up in the next 12-15 month...

News  Updated at: 2025/04/15

Chairman of Hon Hai: Hon Hai to complete contract signing with Japanese automaker soon At a briefing on financial results for the fiscal year ended December 31, 2024, which was held online on March 14, Young Liu, Chairman of Taiwan-based Hon Hai Precision Industry Co., Ltd. (Foxconn), commented on its consignment operations for the design and production of electric vehicles (EV) by saying that, “Contract signing with a Japanese automaker is exp...

News  Updated at: 2025/03/17

FOXCONN and major tech companies getting attention after Nissan and Honda end merger talks With Honda Motor Co., Ltd. (Honda) and Nissan Motor Co., Ltd (Nissan) deciding to suspend discussions about integration, attention is turning to Taiwanese Hon Hai Precision Industry Co. Ltd. (FOXCONN), which is exploring a partnership with Nissan-Renault. In an interview by local media on February 12, FOXCONN’s Chairman Young Liu stated that the company...

News  Updated at: 2025/02/14

CES 2025: Foxconn’s FIH makes its debut with diverse automotive electronics solutions On January 2, FIH, a subsidiary of Hon Hai Technology Group (Foxconn), announced it will make its CES debut in Las Vegas from January 7 to 10, 2025, showcasing its wide-ranging automotive electronics solutions. FIH leverages its expertise in the ICT industry and hardware-software integration capabilities to help accelerate the advancement of the automotive ind...

News  Updated at: 2025/01/03

PTT to reportedly suspend investment in JV with Foxconn for EV manufacturing in Thailand Reported on November 23, 2024, PTT PLC has reportedly decided to suspend the construction of an EV manufacturing site in the EEC area of Thailand, a USD 1 billion joint investment between its subsidiary and Foxconn Group. In 2022, PTT’s wholly owned subsidiary Arun Plus established Horizon Plus Co., Ltd., a joint venture company with Lin Yin International I...

News  Updated at: 2024/11/26

Ceer, Saudi Arabia partners with Rimac, Croatia for advanced electric drive systems On November 10, Ceer, Saudi Arabia's first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive Systems (EDS) for its upcoming flagship range of EVs.  Ceer will be the firs...

News  Updated at: 2024/11/11

IAR, Sweden partners with SiliconAuto, Netherlands to support automotive chip development On November 6, IAR, a leader in software solutions for embedded development, partnered with SiliconAuto, a 50/50 joint venture between Stellantis N.V. and Hon Hai Technology Group (“Foxconn”), to support the development of automotive chips. IAR will assist SiliconAuto in automotive chip development using IAR Embedded Workbench for Arm, along with the C-...

News  Updated at: 2024/11/06

ed with first-in-Malaysia technology imported from Europe and sustainable manufacturing practices. At the event, it also unveiled its successful work on developing the Model T for the EV manufacturer, Foxtron. This achievement was witnessed by Foxtron Vehicle Technologies Co., Ltd, a subsidiary of Foxconn. Sun Bus Tech’s partnership with global leaders such as HESS and the technology transfer from Scania Sweden have enabled the company to impl...

News  Updated at: 2024/10/23

ycle management expertise. The company delivers cutting-edge connectivity system solutions for the next generation of vehicles. At IZB 2024, Voltaira will present its complete range of offerings, underscoring its leadership in sensor technology, connectivity, and electrification. As a subsidiary of Foxconn Interconnect Technologies (FIT), Voltaira’s portfolio spans the entire product lifecycle from concept design and co-development to manufactu...

News  Updated at: 2024/10/22

Foxconn unveils MODEL D, MODEL U, and American variant of MODEL C On October 8, 2024, Hon Hai Technology Group (Foxconn) announced two new reference electrified vehicles at the 5th annual Hon Hai Tech Day (HHTD), namely the MODEL D and the MODEL U. The MODEL D is based on the design concept of LMUV (Lifestyle Multipurpose Utility Vehicle) and combines the advantages found in SUV and MPV segments. It is a multi-functional hybrid model and adopts F...

News  Updated at: 2024/10/09

Silicon Auto inaugurates its India design center in Bengaluru for semiconductor technology On September 23, Silicon Auto, a JV company of Stellantis N.V. and Hon Hai Technology Group (Foxconn) inaugurated its India Design Center, located in Bengaluru. The center will accelerate its capabilities in the development of automotive technologies and solutions for the automotive industry, including Stellantis. The Bangalore facility will serve as a key ...

News  Updated at: 2024/09/24

Sharp to unveil "LDK+" EV concept model at Sharp Tech-Day event On September 6, Sharp announced that it will unveil its LDK+ EV concept model, at Sharp Tech-Day'24 "Innovation Showcase" event to be held in Tokyo from September 17 to 18.  This concept model was planned and developed in collaboration with Hon Hai Technology Group (Foxconn) based on an EV open platform, with the cooperation of Folofly Corporation. LDK+ is an EV that views the inter...

News  Updated at: 2024/09/09

Foxconn, Taiwan to set up EV component plant in Bengaluru, India On August 23, multiple sources reported that Foxconn will be setting up a production and assembly plant for mechanical components of electric vehicles (EV) in Bengaluru, the capital of the Indian state of Karnataka, as part of Project Cheetah. Foxconn has reportedly leased private land and will be investing INR 250 billion to establish a manufacturing plant near Doddaballapur.Foxcon...

News  Updated at: 2024/08/28

Foxconn locates new business headquarters in Zhengzhou On July 25, Foxconn announced the recent signing of a strategic cooperation agreement on progressing a new business project with the People’s Government of Henan Province in Zhengzhou. According to the agreement, the People’s Government of Henan Province will support Foxconn in building a new business headquarters in Zhengzhou. For this strategic partnership, the two parties will focus on...

News  Updated at: 2024/07/30

Our Next Energy negotiating strategic partnership with Foxconn to stay afloat Our Next Energy (ONE), the EV battery startup in Michigan founded by Mujeeb Ijaz, recently told employees it has entered a strategic partnership negotiation with Foxconn that would allow it to continue operating independently, with Foxconn's capital to help scale manufacturing, according to one of the sources. Talks began in early 2024, and ONE decided on Foxconn after ...

News  Updated at: 2024/06/26