Foxconn, iPhone Supplier, Plans $250 Million Investment in EV Components Unit in Vietnam
Foxconn, the world’s largest contract electronics assembler, is making significant investments in Vietnam’s burgeoning electric vehicle (EV) industry. The company is set to invest approximately $250 million in two new projects, solidifying its plans to diversify beyond its traditional focus on Apple and other major brands. Through its unit Foxconn Singapore, the Taiwanese giant will …