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The company has been quiet about future plans, raising questions about was happening inside. The increased speculation this ...
Foxconn has entered into a strategic alliance with TECO to accelerate development of global artificial intelligence data ...
An appellate judge squeezed Lordstown Motors Corp. on whether knowledge of Foxconn Technology Group’s breaches of their ...
The goal of the partnership is to become a bigger player in building the special computer systems needed for artificial ...
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WKBN Youngstown on MSNFoxconn to work with Taiwanese company that makes electric motorsFoxconn announced a partnership with TECO Electric & Machinery, a maker of electric motors, after suspending trading of its ...
Staff report Foxconn continued its diversification playbook with Wednesday’s announcement it had entered into a partnership ...
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WKBN Youngstown on MSNTrading could pause for big announcement from FoxconnMedia reports in April said that Foxconn could be expanding production in Lordstown. The reports claimed that the company ...
Foxconn said it will suspend share trading Wednesday ahead of a major announcement, the news outlet Reuters reported Tuesday ...
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.
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 ...
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 ...
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