Lordstown Motors has emerged from bankruptcy with a new name and a nearly singular focus: continuing its lawsuit against iPhone-maker Foxconn for allegedly “destroying the business of an America
Foxconn has set up a joint venture with Indian IT giant HCL Group to establish its semiconductor packaging and testing operations in India, as the Apple manufacturing partner looks to expand its prese
Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the inve
Nvidia and Foxconn are working together to build so-called “AI factories,” a new class of data centers that promise to provide supercomputing powers to accelerate the development of self-d
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49 million in an extension to its Series B round from investors includ
EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation t
India’s ambitious push for self-sufficiency in mobile phone assembling is yielding results. India shipped 2 billion domestically assembled smartphones and feature phones between 2014 and 2022 as
Two years ago, EV startup Fisker seemed to have hooked a giant when it announced a deal with Taiwanese iPhone maker Foxconn to build a sub-$30,000 crossover in the United States. It turns out that dea
Foxconn, a key Apple supplier, will invest $600 million in two projects in Karnataka for chip-equipment manufacturing and casing components for iPhones, the southern Indian state said Wednesday. The T
Foxconn said on Tuesday it plans to submit an application to access incentives under India’s semiconductor manufacturing policy even as the Taiwanese giant has pulled out of the nation’s f
Lordstown Motors has made good on its threat to sue Foxconn, the Taiwanese company best known for manufacturing Apple’s iPhones. The EV company took legal action against Foxconn Tuesday, and sim
Lordstown Motors will issue a reverse stock split, a last-ditch move meant to pull the EV automaker out of the penny stock doldrums and salvage a deal with Taiwanese manufacturer Foxconn. The stock fe
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the week
Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the latest in a series of bets from the key Apple contract partner as it expands its base in
Beleaguered EV company Lordstown Motors seemed to have found a financial savior in Foxconn, the Taiwanese manufacturer best known for making iPhones for Apple. But now, with that relationship falterin
Lordstown Motors is at risk of failing — again. The EV startup that went public via a SPAC merger cautioned investors Monday that it may be forced to file for bankruptcy because Foxconn may pull out
Taiwanese manufacturer Foxconn and Nvidia announced Tuesday, ahead of CES 2023, a partnership to develop automated and autonomous vehicle platforms. Under the two-part partnership, Foxconn will become
Foxconn is investing another $500 million in its India business as it ramps up its plans to expand its chipmaking factories in the South Asian market that is slowly becoming a key hardware hub for App
Lordstown Motors has starting shipping its all-electric Endurance pickup trucks manufactured by Foxconn, a milestone that seemed impossible earlier this year. Lordstown Motors, which has experienced i
Two weeks after Apple warned of production delays in China amid heightened COVID-19 restrictions, the giant is facing more challenges as worker protests broke out at its largest manufacturing partner
Load More