The Latest Breaking News from Foxconn

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.

iPhone maker Foxconn has expressed openness to working with Nissan.

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…

"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…

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 report comes as two Japanese auto giants reportedly failed to merge.

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

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

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