This new 50-50 joint venture aims to capitalize on a growing EV market by supplying EV platforms.
Upon completion, the partners will jointly operate Mitsubishi Electric Mobility.
Foxconn is paying $727M for 50% of Mitsubishi Electric Mobility, a Tier 1 supplier of alternators, inverters and radar, to ...
The companies plan to combine Mitsubishi Electric's powertrain, autonomous-driving and in-car computing technology with ...
Click here for Spotify / Apple Podcasts On October 16, Mitsubishi Electric signed an agreement to transfer 50% of the shares of Mitsubishi Electric Mobility, which handles its automotive equipment ...
Taiwan's Foxconn is buying a 50% stake in Mitsubishi Electric's automotive parts business to expand its electric-vehicle push ...
TAIPEI, Oct. 12, 2026 /PRNewswire/ -- Reflecting responsibilities that sit at the intersection of the physical industrial ...
With this upgrade, Foxconn plans to add roughly 700 jobs to the building at 12001 Braun Road.
Foxconn reported third-quarter revenue of 3.03 trillion New Taiwan dollars, up 47% from a year earlier, driven by AI server demand ...
Foxconn, the aspiring Taiwanese electric vehicle maker chasing deals with Nissan, is still on track to sell an EV crossover in the U.S. this year and has added a new partner in its quest to go global.
Foxconn's (FXCOF) June revenue surged 52.11% year-over-year, and it forecast a growth outlook for the third quarter but cautioned about a "volatile global political and economic situation." The ...
Foxconn, also known as Hon Hai, has reported a 26% year-on-year revenue increase. The company is the world's largest contract electronics manufacturer, assembling Apple's iPhone and making the servers ...
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