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Apple partner Foxconn to develop electric vehicles in tie-up with Fisker

Business Feb 25, 2021

Apple partner Foxconn to develop electric vehicles in tie-up with Fisker

In October, Foxconn introduced its first-ever EV chassis and software platform, and has two light vehicles and a bus planned for around the fourth quarter.

Apple suppliers’ exodus from China won’t slow down under Biden

Business Nov 29, 2020

Apple suppliers’ exodus from China won’t slow down under Biden

by Debby Wu

The moves presage a larger and longer-term migration that may have ramifications for the iPhone maker as well as China’s role as workshop to the world.

Coronavirus cases outside China 'could be spark for bigger fire,' WHO warns

Asia Pacific / Science & Health Feb 11, 2020

Coronavirus cases outside China 'could be spark for bigger fire,' WHO warns

The World Health Organization (WHO) said on Monday the spread of coronavirus cases that had no history of travel to China could be "the spark that becomes a bigger fire" as people across China trickled back to work after an extended Lunar New Year ...

U.S. whipping up panic over virus, China says, as Pakistan resumes flights

Asia Pacific / Science & Health Feb 4, 2020

U.S. whipping up panic over virus, China says, as Pakistan resumes flights

China accused the United States on Monday of whipping up panic over a fast-spreading coronavirus with travel restrictions and evacuations as Chinese stocks plunged on the first day back from the extended Lunar New Year holiday. The death toll in China from the newly identified ...

Foxconn billionaire Terry Gou drops Taiwan presidential bid

Asia Pacific / Politics Sep 17, 2019

Foxconn billionaire Terry Gou drops Taiwan presidential bid

Terry Gou, the billionaire founder of Foxconn Technology Group, pulled out of next year's presidential election in Taiwan, a move that may help unite the opposition Kuomintang. Gou apologized to his supporters in a statement on Facebook on Tuesday outlining his decision to withdraw from ...

Tesla to Apple: Help us nail thief who took robocar secrets to China start-up

Business / Tech Jul 12, 2019

Tesla to Apple: Help us nail thief who took robocar secrets to China start-up

Tesla Inc. and Apple Inc. both suspect they were betrayed by driverless technology engineers who defected to the same Chinese startup. So Tesla is now asking for Apple's help in a lawsuit in which the electric carmaker accused an engineer who worked on its Autopilot ...

Terry Gou resigns as Hon Hai chairman to pursue Taiwan presidency, hands reins to Sharp board member Liu

Business / Corporate Jun 21, 2019

Terry Gou resigns as Hon Hai chairman to pursue Taiwan presidency, hands reins to Sharp board member Liu

Foxconn's Terry Gou announced Friday he is stepping down as chairman of the major contract electronics maker formally known as Hon Hai Precision Industry Co. but will remain on its board as he campaigns to become president of Taiwan. Board members subsequently elected Young Liu, ...

Trump EPA overruled career staff on smog at Wisconsin county seeking to host key plant, emails show

World / Science & Health May 29, 2019

Trump EPA overruled career staff on smog at Wisconsin county seeking to host key plant, emails show

Politically appointed U.S. environmental officials last year overruled concerns of career scientists about air pollution in a Wisconsin county where U.S. President Donald Trump has pushed for a factory to be built by Foxconn Technology Co., newly released internal emails show. Trump has been ...

Foxconn's Terry Gou says he will follow order of sea goddess to run for Taiwan presidency

Asia Pacific / Politics | ANALYSIS Apr 17, 2019

Foxconn's Terry Gou says he will follow order of sea goddess to run for Taiwan presidency

Foxconn founder Terry Gou has claimed divine endorsement for his bid to become Taiwan's president: support of the Chinese sea goddess Mazu. The billionaire told reporters after visiting a New Taipei City temple Wednesday that the goddess had encouraged him to "come forward" to support ...

Foxconn's Terry Gou eyes run for Taiwan presidency after stepping back from daily business

Asia Pacific / Politics Apr 16, 2019

Foxconn's Terry Gou eyes run for Taiwan presidency after stepping back from daily business

Foxconn's Chairman Terry Gou said Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer. Speaking on the sidelines of an event to mark the 40th ...

CEOs at Davos sour on Trump policies, warning they hurt business and investment

Business Jan 24, 2019

CEOs at Davos sour on Trump policies, warning they hurt business and investment

From center-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way. Foreign direct investment to the United States fell in 2018, and companies gathered at the World ...

As demand slows, Apple iPhone supplier Foxconn plans deep cost cuts

Business / Corporate Nov 22, 2018

As demand slows, Apple iPhone supplier Foxconn plans deep cost cuts

Foxconn Technology Group, the biggest assembler of iPhones, has become the latest Apple Inc. supplier to warn of anemic demand, with an internal memo suggesting that expenses will be cut by almost a half next year. The contract manufacturer aims to cut $2.9 billion from ...

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