Foxconn

Foxconn says it is open to buying a stake in Nissan

Taiwan's Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the Japanese automaker's future hangs in the balance after stepping back from merger talks with Honda. "If cooperation requires it (purchasing Nissan shares), we will consider it," Foxconn chairman Young Liu told reporters on Wednesday in the company's first public comments about its talks with Nissan. "But purchasing its shares is not our aim; our aim is cooperation," he said, adding it was tal...

August 16, 2024 3:21 PM

Foxconn eyes investment in Hyderabad; Chairman Young Liu meets CM Revanth Reddy

Foxconn Chairman Young Liu has expressed a strong interest in investing in Hyderabad, pointing to the city’s growing capabilities in both industrial and service sectors. During a recent meeting in New Delhi with Telangana Chief Minister A Revanth Reddy, Liu praised the CM's approach, particularly his plans for the development of the Fourth City project. Liu said, "Hyderabad city has the potential to expand in all sectors, including industrial and service sectors." The Foxconn delegation, le...