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The Latest Breaking News from Foxconn

Trump’s ‘Liberation Day’ tariffs are now in effect—and Asia is taking the hardest hit

Trump’s tariff rate on China now totals at least 104%, yet Chinese markets rose slightly on the promise of support from Beijing.

Fortune

TSMC and Foxconn hit hard in Taiwan following Trump's tariffs announcement

Taiwan's stock market suffered its worst-ever single-day drop after the U.S. announced a 32% tariff on Taiwanese goods and signaled potential duties on semiconductors, triggering panic selling of TSMC and Foxconn.

Tom’s Hardware

Nissan Says 'We Never Stopped' Talking To Honda

Nissan and Honda's initial merger attempt may have collapsed, but that doesn't mean the two auto firms are walking away from the table. The shape and extent of future collaborations are still to be determined, but Nissan executives want to make one thing clear.

InsideEVs

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GM And Hyundai's Electric Van And Truck Plans Are Coming Together

Tesla’s sales decline may give its rivals a natural advantage, but General Motors and Hyundai aren’t looking for an easy win. Instead, they’re doubling their EV efforts and even teaming up for future models. The race for EV dominance is more than outpacing Tesla; it’s about keeping up with Chinese…

InsideEVs

Foxconn Will Build EVs for Two Unnamed Japanese Automakers: Report

Foxconn is apparently on the verge of designing and manufacturing electric vehicles for two unspecified Japanese companies. The Taiwanese electronics maker has expressed interest in cooperating with Nissan, but Foxconn chairman Young Liu did not mention which companies are being considered.

Motor1

Foldable iPhone and foldable iPad both just tipped for production next year

Apple could be gearing up to start mass-producing two foldable devices next year — here's what we've heard so far.

Tom’s Guide

Tech giants call Trump tariffs 'big headache' — Foxconn CEO teases increased production in US

Foxconn CEO Young Liu claims major tech partners consider navigating Trump's tariff plays a "big headache" in an earnings call this week.

Tom’s Hardware

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As Investors Cheer Nvidia Supplier Foxconn’s Earnings, Should You Buy NVDA Stock?

Nvidia stock is gaining today after Foxconn issued guidance that reinvigorated the AI trade. Analysts expect significant further upside in NVDA shares.

Barchart

Taiwan Tech Giant Foxconn's 2024 Profit Misses Forecasts

Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust.

International Business Times

3 Stocks Investing $650 Billion in the U.S.—Should You Invest?

See which three large-cap stocks are planning to invest a total of over $650 billion in the United States over the next several years.

MarketBeat

Struggling Japanese Automaker Nissan Replaces CEO

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.

International Business Times

From iPhones to AI: Foxconn Launches FoxBrain, an AI Model Built on Llama 3

Foxconn, a name usually known for assembling iPhones, has joined the AI arena by launching its own AI model called FoxBrain. It is built on Meta's Llama

Geekflare

Nissan Could Nab Foxconn Exec For Its New CEO

Nissan's falling out with Honda was just as unexpected as talks of its potential merger. Yet, somehow, it felt inevitable—neither brand seemed interested in a true 50/50 partnership. Soon, rumors arose that the deal was to avoid a hostile takeover from Taiwanese electronics giant Foxconn. Ironically, Nissan may now tap a…

InsideEVs

Elon Musk rebuffs claims that Tesla could invest in Nissan

Japanese carmaker’s shares rise almost 10% after reports that a group wants US EV firm to put in money

The Guardian - UK

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International Business Times

Nissan Shares Jump 11% On Reported Plan To Seek Tesla Investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

International Business Times

What Next For Honda And Nissan?

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen.

International Business Times

Japan's Honda And Nissan Scrap Merger Talks

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

InsideEVs

Two New Bills Would Kill The EV Tax Credit, Slap $1,000 Tax On EV Purchases

Tired of politics yet? It's only February, so buckle up. On Today's episode of America, the EV tax credit is once again in the spotlight. Not only are lawmakers looking to end the $7,500 credit for new vehicles, but they're also suggesting repealing the tax credit and adding a $1,000…

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Motor1

Will Renault sell its stake in Nissan?

In the automotive sector, there is talk of a possible new alliance. After saying goodbye to Honda, Foxconn has not ruled out buying Renault's 36% stake in Nissan. However, the company, which is the world's largest producer of electrical and electronic components for OEMs, has made it clear that its…

Motor1

Foxconn Wants to Work With Nissan, Not Acquire It

We should know more about the state of the Honda-Nissan merger by tomorrow when the two companies announce their quarterly earnings. Reports of the deal’s demise surfaced last week, again putting Nissan’s future in question. However, Foxconn could serve as the potential lifeline the company needs, except the Taiwanese electronics…

InsideEVs

Nissan's 'Pride' Doomed Its Emergency Merger With Honda

"Pride goeth before destruction, and a haughty spirit before a fall," reads the Book of Proverbs, chapter 16, verse 18. I'm no Biblical scholar, but I think it's unlikely King Solomon wrote that line about Nissan. But you have to admit it fits in this context—especially since "pride" at Nissan is being cited as a reason…

Fortune

iPhone manufacturer Foxconn confirms it would seek to buy Renault’s stake in Nissan if up for grabs

With Renault’s alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan by the Taiwanese contract manufacturer to expand into the EV market.

The Guardian - UK

Nissan preparing to pull out of merger talks with Honda

Nissan looking for another partner to help shift to electric cars after tensions over perceived imbalance, says source

Fortune

Nissan suspends talks with Honda, potentially ending the dream of a new Japanese car giant

Nissan’s future reportedly became the sticking point in negotiations, with Honda pushing to make its smaller competitor a direct subsidiary.

Fortune

Taiwan offers to help firms looking to relocate following Trump’s tariff threats

The region’s economic ministry said it’s setting up a consultation hotline and consultation services for affected firms.

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