Recent events
Recent events tied to this brand in public sources.
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2026
Foxconn plans to expand U.S. manufacturing
Foxconn said it plans to expand its U.S. manufacturing footprint and move further up the supply chain to serve the U.S. market.
2026
Hon Hai to acquire 50% of Mitsubishi Electric automotive parts business
Hon Hai announced it would spend 115 billion yen to acquire 50% of Mitsubishi Electric’s automotive parts department. The department is planned to become an equally owned independent joint venture after the transaction is completed.
2026
Foxconn and Mitsubishi Electric plan to combine automotive capabilities
Foxconn and Mitsubishi Electric plan to combine Mitsubishi Electric's automaker customer base with Foxconn's rapid development model, expanding their business scope from traditional automotive parts to electric vehicles and autonomous-driving platforms.
2026
AMD releases Helion open rack design for agentic AI workloads
On October 12, 2026, AMD released its Helion open rack design for agentic AI workloads, based on Open Compute Project (OCP) specifications and offered in CPU-only and CPU+GPU configurations. Eight vendors including Cisco, Dell, Hon Hai (Foxconn), HPE, Lenovo, QCT, Supermicro and Wiwynn announced support, with related products expected to launch in November 2026, and AMD plans to submit the Helion specification to OCP.
2026
Foxconn third-quarter revenue soars on AI demand and beats market forecast
Foxconn's third-quarter revenue surged on strong AI demand and exceeded market forecasts, as reported by Reuters.
2022
Foxconn and XRSPACE metaverse partnership
Foxconn announced an MOU with XRSPACE to partner on a metaverse ecosystem, combining XRSPACE's technology capabilities with Foxconn's manufacturing capabilities.
2022
Foxconn investment in XRSPACE
Foxconn announced that it would invest USD 100 million in XRSPACE, with USD 15 million as the first stage, in exchange for a stake in the company.
2022
Foxconn and XRSPACE announce strategic cooperation
Foxconn announced that it had signed a memorandum of understanding with XRSPACE and could invest up to US$100 million in the company, with an initial US$15 million investment for an equity stake. The companies plan to combine XRSPACE's technologies with Foxconn's design and manufacturing capabilities to build a metaverse ecosystem.
2022
CECC urges Amazon to address supplier labor abuses
CECC leaders wrote to Amazon urging it to publicly support Chinese labor activist Tang Mingfang’s appeal and compensate him after he was imprisoned for reporting labor violations at an Amazon supplier factory. The article also reports China Labor Watch’s criticism that Amazon and Foxconn failed to meet supplier standards on grievance mechanisms and whistleblower protection; these are allegations and calls for action, not findings of guilt.
2022
Foxconn and Vedanta agree to form a chip venture in India
Foxconn and Vedanta agreed to form a joint venture for a chip project in India. Foxconn said it would invest US$118.7 million and hold a 40% stake in the venture.
2022
Foxconn signs Indonesia electric-vehicle investment MOU
Foxconn signed a memorandum of understanding with Indonesia's Investment Ministry, Indonesia Battery Corporation, PT Indika Energy and Gogoro covering investment in the electric-vehicle industry, including battery manufacturing. The article says the partners had not disclosed the investment scale or production-plan details.
2022
Foxconn signs Indonesia EV-development cooperation agreement
Foxconn said it signed a memorandum of understanding with Indonesia's Investment Ministry, Indonesia Battery Corporation, PT Indika Energy and Gogoro to support electric-vehicle development and related industries in Indonesia.
2021
Foxconn identifies accommodation and canteen deficiencies at Indian facility
Apple said an independent assessment at Foxconn’s Sriperumbudur facility found that conditions in some remote dormitories and the canteen did not meet requirements, following concerns about food safety and accommodation. Foxconn said it was restructuring local management and systems and had agreed to expand living areas, upgrade bathing facilities and provide drinking water.
2021
NextDrive completes Series C funding
联齐科技 announced that it had secured $31 million in Series C funding from investors including the Arm IoT Fund, Sino-American Silicon Products, Foxconn, Daya, and New Economy Capital.
2021
Honghai announces ion-trap quantum computer development plan
Honghai announced the establishment of an ion-trap laboratory and said it expects to release an open-source, programmable 5–10-bit ion-trap quantum computer within five years as a prototype platform.
2021
Foxconn and Stellantis announce automotive-chip design partnership
Foxconn and Stellantis announced a memorandum of understanding to establish a partnership in semiconductor design and design a series of specialized automotive chips for Stellantis and third-party customers.
2021
Foxconn agrees to seek a manufacturing contract for Lordstown Motors’ Endurance pickup
Foxconn agreed to seek an outsourced manufacturing contract to produce Lordstown Motors’ first product, the Endurance electric pickup. The source describes seeking a contract, not a completed manufacturing arrangement.
2021
Foxtron debuts three electric vehicles
Foxconn debuted three vehicles under its Foxtron brand at Hon Hai Tech Day 2021: the Model C compact, Model T urban bus, and Model E sedan developed with Pininfarina.
2021
Foxconn and Fisker announce plans to develop electric cars
Foxconn and Fisker announced plans to jointly develop electric cars sold under the Fisker brand, with production targeted to start in late 2023.
2021
Foxtron unveils three electric vehicle prototypes
Foxtron, a joint venture of Hon Hai and Yulon Motor, unveiled its first three electric vehicle prototypes: an SUV, a sedan and a bus.