Foxconn plans to invest $569 million to expand its Racine County operations. The expansion is expected to create 1,374 new jobs over the next four years. Foxconn is now eligible for up to $96 million ...

Beverage maker Swire Coca-Cola and tractor firm Bad Boy Mowers are also investing in manufacturing facilities to expand ...

Once a name synonymous with Apple’s iPhone, Foxconn is now forging a new identity at the heart of the AI revolution. After decades of relying on smartphone assembly for the bulk of its revenue, the ...

Foxconn Technology Co. announced December 9 it would spend $173 million to establish a new factory in Louisville Kentucky. In ...

Foxconn is now building EVs in Taiwan and, besides Lordstown, has plans for EV manufacturing in other countries, as well. Unlike small, easily shippable items like smartphones, automobiles are mostly ...

Foxconn is selling the former GM plant in Lordstown, Ohio, which it purchased from failed startup Lordstown Motors in 2022. The facility was sold to Crescent Dunes LLC, an unknown company created 12 ...

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 American ...

Foxconn Technology Co., Ltd. is diversifying into EVs, AI, and semiconductors, but faces revenue declines, rising costs, and market overvaluation, impacting long-term success. Apple’s shift to India ...

Lordstown Motors Corp RIDE stock is trading lower Friday since it got delisting notice from Nasdaq after it filed for bankruptcy protection. Lordstown Motors filed for Chapter 11 bankruptcy after its ...

(CNN) — Certainly, Young Liu has heard the auto industry cliche that modern vehicles are “iPhones on wheels.” Cars and SUVs are packed with computer chips, sophisticated sensors, touchscreens and data ...