The goal of the partnership is to become a bigger player in building the special computer systems needed for artificial ...

Foxconn announced a partnership with TECO Electric & Machinery, a maker of electric motors, after suspending trading of its ...

Media reports in April said that Foxconn could be expanding production in Lordstown. The reports claimed that the company ...

Foxconn has entered into a strategic alliance with TECO to accelerate development of global artificial intelligence data ...

The Taiwan Stock Exchange Corporation announced Tuesday that shares of Hon Hai Precision Industry, the parent company of ...

Foxconn said it will suspend share trading Wednesday ahead of a major announcement, the news outlet Reuters reported Tuesday ...

Staff report A major announcement from Taiwan electronics giant Foxconn is anticipated today, the Reuters news service reported. Hon Hai Precision Industry, known as Foxconn in the United States, said ...

AFP via Getty Images Foxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds an 8.4% stake in the EV maker.

Lordstown mentions the possibility of effectuating a 30:1 stock dividend, which would require Foxconn to pay $47.3 million for a fraction of the company's capital stock.

Foxconn CEO Young Liu told securities analysts this week that he and his colleagues "remain open to continued dialogue" with Lordstown Motors Corp. to work out the companies' investment ...

Foxconn agreed last November to increase its investment in Lordstown Motors by buying $170 million in common stock and newly created preferred shares. The additional investment came a year after ...

A big announcement was made Wednesday morning regarding Foxconn, according to a joint press release Hon Hai Technology ...