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The Latest Breaking News from Foxconn

2023 Lordstown Endurance: EPA Range Rating Reveals Terrible Efficiency

The 2023 Lordstown Endurance is equipped with a 109-kWh battery, but it disappoints in terms of energy efficiency, which significantly affects the EPA range.

InsideEVs

Apple supplier giving factory staff $424 bonus if they can stick it out for 90 days ahead of new iPhone launch

Third-party manufacturer Foxconn is hoping to avoid any production problems ahead of the crucial Christmas shopping season following last year’s COVID difficulties.

Fortune

Key iPhone 15 supplier splashes the cash to avoid repeating its iPhone 14 delay woes

Foxconn is spending big to make sure it has enough workers to build Apple's next big iPhone.

iMore

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Friday essay: what the migrant workers who made my iPhone taught me about love

Ten years ago, a group of images on a popular Chinese website caught my attention. They showed young rural migrant workers in intimate, though not overtly sexual situations: talking quietly, holding hands, kissing, embracing, or simply sitting close to each other with their limbs intertwined.

The Conversation

EV Truck Maker Nikola Dealt a Huge Blow

Shares of Nikola fell below the $1 threshold and received a delisting warning from the Nasdaq.

The Street

A Tesla Rival Is in Big Trouble

Lordstown Motors just announced a reverse stock split, to avert delisting from the Nasdaq and to persuade its main investor not to abandon the company.

The Street

EV Upstarts Are in Big Trouble. Will Lordstown Be the First to Fall?

The EV upstart just announced a reverse stock split, to avert delisting from the Nasdaq and to persuade its main investor not to abandon the company.

The Street

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Will Lordstown Motors Be the First EV Maker to Go Bankrupt?

The EV upstart just announced a reverse stock split, to avert delisting from the Nasdaq and to persuade its main investor not to abandon the company.

The Street

Tesla Rival Makes Desperate Move to Survive

Lordstown Motors declared a reverse stock split, to avert delisting from the Nasdaq and to persuade its main investor not to abandon the company.

The Street

A Tesla Rival Tries Desperately to Avoid Bankruptcy

Lordstown declared a reverse stock split, to avert delisting from the Nasdaq and to persuade its main investor not to abandon the company.

The Street

Surge in strikes at Chinese factories after Covid rules end

Action by workers has trebled this year as the country emerges from its draconian coronavirus measures

The Guardian - UK

Foxconn loses iPhone 16 Pro Max build job in major change for iPhone production

iPhone 16 Pro Max's screen manufacturer is moving from Foxconn to Luxshare.

iMore

Taiwan opposition party picks New Taipei mayor, a former police chief, as its presidential candidate

Taiwan’s opposition Nationalist Party has picked the popular mayor of New Taipei City as its candidate in next year’s presidential election, seen as a referendum on the island’s future relations with China

The Independent UK

Key iPhone manufacturing partner Foxconn bets big on India's Telangana

Foxconn is investing $500 million in Telangana in southern India with new plants being set up.

iMore

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Bangkok Post

Asian trade subdued as economic outlook weakens

RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

AFP

iPhone maker Foxconn's profits slump 56 percent in first quarter

Taipei (AFP) - Profits for Taiwanese tech giant and key Apple supplier Foxconn fell 56 percent in the first quarter, it announced Thursday, a plunge blamed on weakened demand due to a global downturn.

InsideEVs

UPDATE: Fisker Pear EV Delayed To 2025, Will Start From Less Than $30,000

The California-based EV startup initially said that the Pear will go into production in 2024 at the Foxconn-owned factory in Ohio where the Lordstown Endurance electric pickup is currently being made.

The Hindu

iPhone maker Foxconn buys huge site in Devanahalli

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday (May 9) as it looks to diversify production away from China.

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Bangkok Post

iPhone maker Foxconn buys huge site in India

BENGALURU, India: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

AFP

iPhone maker Foxconn buys huge site in India tech hub

Bengaluru (India) (AFP) - Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

AFP

Foxconn founder vows to 'preserve peace' with China if elected Taiwan president

Kaohsiung (Taiwan) (AFP) - The billionaire founder of Foxconn vowed Sunday at a rally that if elected president of Taiwan, he would be able to "preserve peace" between the democratic self-ruled island and China.

InsideEVs

Lordstown Motors Anticipates Endurance Production “Will Cease In The Near Future”

With just 31 Endurance pickups assembled and ready for sale as of February 2023, and just six units delivered so far, the company is now anticipating a rapid fall.

The Street

Apple Earnings Preview: iPhone Demand Outlook, China Rebound In Focus

Delayed holiday iPhone shipments could boost March quarter sales, but Apple's second-half outlook will prove crucial for the stock - and the tech sector.

Barchart

Here’s Why You Should Stay Away From Lordstown Motors (RIDE)

Once attracting intense interest for its commercial EV ambitions, the lights may go out on Lordstown Motors as RIDE stock crumbles badly.

The Street

Tesla Rival Struggles to Survive

Lordstown Motors has just warned that it could very soon be forced to file for bankruptcy, because it would run out of the cash it needs to fund its operations.

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