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The Latest Breaking News from Foxconn

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.

International Business Times

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…

InsideEVs

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

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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…

Motor1

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…

InsideEVs

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.

Fortune

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

The Guardian - UK

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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.

Fortune

Asia’s postholiday markets plunge on DeepSeek, Trump tariff fallout

On Monday, Asian investors finally got to digest a week’s worth of bad news.

Fortune

Analysts halve Nvidia Blackwell cabinet shipment forecasts for 2025 — prediction contrasts AI boom

Industry analysts have slashed their 2025 GB200 NVL72 shipment projections by 50%, but the industry expects an explosion of AI hardware shipments.

Tom’s Hardware

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn

The Independent UK

TSMC Stock Hits New High As Another Global Leader Multiplies By 10

Taiwan Semiconductor stock reached a new high Monday. A Mexico-based name has climbed tenfold.

Investors Business Daily

Stock Market Today: Dow Jones Firm As Jensen Huang CES Speech Looms; Palantir Mauled On This (Live Coverage)

The Dow Jones fell on the stock market today amid Trump tariff news. Nvidia rallied ahead of a CES appearance by CEO Jensen Huang.

Investors Business Daily

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InsideEVs

Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense

Honda's CEO just had a pretty awkward press moment related to its potential merger with Nissan. When asked why Nissan would make a good business partner for the mid-sized automaker, Toshihiro Mibe struggled to find the right words before blurting out something that brought laughter to a room full of…

Motor1

Foxconn Is Also Reportedly Interested in a Stake in Nissan

There’s little doubt Nissan is facing an uncertain future right now. A report earlier this week alleged that the beleaguered automaker could merge with Honda under a new holding company. Another report has since surfaced alleging that the Taiwanese company Foxconn, which makes the Apple iPhone, is also interested in…

InsideEVs

'It’s A Desperate Move': Ex-Nissan Boss Carlos Ghosn On Honda Merger

Carlos Ghosn was never one to pull his punches. Even at the peak of his power at the helm of one of the world's largest automakers, he always had a lot to say. So following his daring escape from Japanese prosecution for alleged financial crimes, nobody should have expected the…

TechRadar

Apple set to build a server chip to service its own AI and may have sacrificed the company's fastest ever chip to achieve this; report suggests a strategic tie-in with $850bn Broadcom

Apple is developing a server chip designed to power its AI capabilities, potentially at the cost of what would have been its fastest chip yet.

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InsideEVs

Honda-Nissan Merger May Prevent A Hostile Takeover

The world was a bit shocked when news of a potential merger between Honda and Nissan was dropped. But the bigger question that crossed many minds was, "Why?" We know Nissan has been in some financial trouble lately, but for Honda to consider throwing it such a lifeline is perplexing.…

Tom’s Guide

Apple iPhone 17 Air takes first steps toward landing on store shelves next year

The “product introduction phase” is a small production run for testing

TechRadar

After iPhone and iMac, Apple may be courting Foxconn to build AI servers based on its M-series CPU to accelerate Apple Intelligence potential

Apple "courting" Foxconn to build AI servers based on its M-series CPU to accelerate Apple Intelligence potential.

Tom’s Hardware

Apple has allegedly approached Foxconn and Lenovo to build AI servers based on Apple Silicon

Apple asks Foxconn to produce AI servers based on Apple Silicon in Taiwan to to leverage R&D teams working with Nvidia, according to the report.

Fortune

Biden-Harris have a track record of real success in bringing manufacturing back to America. Trump’s all-sticks-no-carrots approach already failed

Trump and Harris share the same economic goal of boosting U.S. manufacturing—but their approaches produce vastly divergent results.

Latin Times

GM, Foxconn To Swap Out Imports To Mexico For Local Production

General Motors and Foxconn are slated to swap out imports for local production in Mexico.

International Business Times

GM, Foxconn To Move Production To Mexico

The companies will reportedly swap out imports for local production.

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