Recent events
Recent events tied to this brand in public sources.
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2021
Foxconn and Lordstown Motors agreed to pursue an electric-vehicle project
Foxconn announced a non-binding framework agreement with Lordstown Motors to pursue an electric-vehicle cooperation project at Lordstown Motors’ Ohio production and assembly plant; final terms remained subject to negotiation.
2021
Foxconn announces purchase of Lordstown's Ohio factory
Foxconn announced an agreement to buy Lordstown's Ohio factory for $230 million.
2021
Foxconn completes acquisition of Ohio car factory
Foxconn completed its acquisition of a former General Motors car factory in Ohio from Lordstown Motors for $230 million. The reported total also included an agreement for Foxconn to buy $50 million of Lordstown Motors common stock and build its Endurance pickup.
2021
Foxconn agrees to acquire Lordstown Motors stake and Ohio factory
Foxconn struck a deal with Lordstown Motors that included a roughly 4% stake in the company and purchase of its Ohio manufacturing complex. The source reports the deal as an agreement, not a completed acquisition.
2021
Foxconn and Appear announce manufacturing partnership
Foxconn and Appear Inc. announced a manufacturing partnership to accelerate the expansion of Appear's graphene battery technology in consumer electronics and electric vehicles, using Foxconn's manufacturing capabilities.
2021
Foxconn-Byton cooperation interrupted
Nikkei Asia, citing people familiar with the matter, reported that Foxconn Technology Group's cooperation with Byton on electric vehicles had been interrupted. The article also says the plan had not been formally terminated.
2021
PTT and Foxconn sign electric-vehicle joint-venture agreement
Thailand's PTT and Foxconn signed a joint-venture agreement to cooperate in producing electric vehicles, with the project intended to support Thailand's electric-vehicle manufacturing and export ambitions.
2021
Foxconn subsidiary to acquire 63% stake in Hengqu Motor
Foxconn announced that its subsidiary Shenzhen Yuzhan Precision would acquire a 63% stake in Hengqu Motor for RMB 378 million.
2021
Stellantis and Foxconn announce Mobile Drive joint venture
Stellantis and Foxconn announced the Mobile Drive joint venture to create smart cockpits for cars, with navigation, voice assistance and payment services.
2021
Foxconn subsidiary and Stellantis agree to form Mobile Drive joint venture
Foxconn announced that its subsidiary FIH Mobile and Stellantis signed an agreement to establish Mobile Drive as a 50-50 joint venture, entering the smart-cockpit and connected-car market.
2021
Foxconn acquires a Macronix chip factory
Foxconn said it had acquired a chip factory from Macronix for NT$2.52 billion (about US$90.8 million).
2021
Foxconn completed acquisition of Macronix’s six-inch wafer fab
Foxconn completed its acquisition of Macronix’s six-inch wafer fab. Foxconn said it would use the facility to develop and produce third-generation semiconductors, particularly SiC power components for electric vehicles.
2021
Fosun Industrial signs Taiwan vaccine sales agreement
Fosun Industrial signed an agreement to sell a total of 10 million doses of the mRNA COVID-19 vaccine to TSMC, Hon Hai and the Yongling Foundation for supply to Taiwan.
2021
Foxconn acquires a stake in DNeX
Foxconn acquired shares worth $25.78 million in Malaysian investment company DNeX. The report says the investment is intended to expand Foxconn’s influence in electric-vehicle supply chains and semiconductor manufacturing.
2021
Foxconn and Giga Solar announce equity collaboration on EV battery materials
Foxconn and Giga Solar jointly announced equity cooperation to develop electric-vehicle battery materials. Foxconn, through its subsidiary Hongyang, was to subscribe to Giga Solar's private placement and was expected to hold 10.54% after the capital increase.
2021
Foxconn acquires a 5.03% stake in DNeX
Foxconn announced that it acquired 120 million shares in Malaysian technology company DNeX, representing a 5.03% stake, for 108 million Malaysian ringgit.
2021
Foxconn and PTT announce electric-vehicle partnership in Thailand
Foxconn and Thailand's state-run energy group PTT announced a partnership to make electric cars in Thailand. They signed a memorandum of understanding to cooperate on electric vehicles and their components for the Thai market.
2021
Foxconn and Luxshare suspend operations at northern Vietnam factories
Foxconn and Luxshare temporarily suspended operations at their northern Vietnam factories at the local government's request. The source does not state the date the suspensions took effect.
2021
Foxconn and Luxshare temporarily close factories in Vietnam
Foxconn and Luxshare were required to temporarily close factories in northern Vietnam amid rising COVID-19 cases. The report says both companies had begun suspending operations to comply with the order.
2021
Foxconn and Yageo establish a semiconductor joint venture
Foxconn and Yageo announced the establishment of Guohan Semiconductor, a joint venture to develop and sell semiconductor-related products. Its initial focus is power and analog semiconductor products with an average unit price below $2.