Taiwan’s Foxconn, the world’s biggest consumer electronics contract maker, upgraded full-year estimates on strong sales of technology from smartphones to servers, despite concerns about slowing demand due to inflation. The Taiwanese company has faced a severe shortage of processors like other companies, which has hurt smartphone production, including for its big customer Apple, in part […]
Tag: Foxconn
Foxconn Foxtron Model C 7-seater electric crossover with acceleration to 100 km/h in 3.8 seconds will go on sale in the fourth quarter of this year
Foxconn introduced three of its electric vehicles under the Foxtron brand in China last fall – a sedan, a crossover and a bus. According to the source, the crossover, called the Foxtron Model C, will go on sale in the fourth quarter of this year. We are talking about pre-sales, the real ones will start […]
Power 750 HP and a cruising range of 750 km. Foxconn unveils its flagship Foxtron Model E sedan, which can compete with Tesla’s Model S
Foxconn has brought its flagship Model E sedan, created by the Foxtron automotive division in conjunction with the Italian coachbuilder Pininfarina, to the show, which is held until December 5 in Hong Kong. Contrary to the expectations of many, this electric car will not go on sale – it only serves to showcase Foxconn’s technology […]
Foxconn: Profits higher than expected for Apple supplier
Taiwan’s Foxconn, which supplies Apple accessories for the iPhones, reported third-quarter earnings higher than expected, mainly due to strong demand for smartphones as people continue to work remotely due to the pandemic. However, Foxconn, the world’s largest electronics maker, said it expects revenue for the fourth quarter in its core consumer electronics business, which includes […]
Tesla has tensed: Foxconn unveils three “model” Foxtron electric vehicles – sedan, crossover and bus
Foxconn, best known as Apple’s premier assembler of products, has entered the automotive market with the Foxtron brand. At the HHTD21 event, the company unveiled three electric vehicle models – the Model E luxury sedan, the Model C crossover and the Model T bus. As you can easily see, the names are very similar to […]
Foxconn Reports Record Third Quarter Sales
Foxconn does not appear to have suffered from a semiconductor shortage as it reported record sales for the third quarter of this year. The company’s sales amounted to about $ 50 billion. Foxconn’s sales revenue increased 8.8% year-over-year and 3.44% quarter-over-quarter, with September sales being the company’s best this year. The most profitable product groups […]
Foxconn and Byton Electric Vehicle Project Suspended
Foxconn’s partnership with a young Chinese electric vehicle development company Byton has been suspended due to the deteriorating financial situation of the latter. In January, it became known that Foxconn plans to invest about $ 200 million in Byton and take over the serial production of the first electric car of a potential Tesla competitor. […]
Foxconn is in talks to build an electric vehicle plant in the USA
Foxconn, a Taiwanese company, announced yesterday that it is in talks with the leadership of the US state of Wisconsin to build an electric vehicle plant. According to Reuters, this is a manifestation of Apple’s manufacturing partner’s desire to diversify its revenue streams. In May, Foxconn and electric vehicle developer Fisker announced a deal for […]
Stellantis to help Foxconn develop connected car services and digital dashboards
Stellantis and Foxconn have signed a memorandum of understanding to create a joint venture to help partners develop connected car services and digital dashboards. The joint venture will be called Mobile Drive. Alfa Romeo, Chrysler, Citroen, Fiat, Opel, Peugeot and many others are now all one concern. Fiat Chrysler and PSA merge to form Stellantis […]
An electric car worth less than $ 30,000, and it’s not in China. Fisker novelty will be produced by Foxconn
Fisker has signed a deal with Foxconn, under which the latter will be the first to assemble inexpensive electric vehicles, and in 2023, production is supposedly supposed to start in the United States. Fisker Ocean The location of the American factory has yet to be determined, but it could be the same ill-fated factory in […]