aims to provide components or services to 10% of the world's electric vehicles by between 2025 and 2027, and has been in talks with multiple car manufacturers for future cooperation, Chairman Liu Young-way said on Friday.
The Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co Ltd and a major supplier to Apple Inc “Hon Hai has to ready our open platform as soon as possible. We need to move fast to grab market share,” he said, referring to Foxconn’s pledge to build an “open platform” to make key EV components including battery and car-internet services to automobile makers.
Liu, however, declined to provide a revenue target for the EV business or details citing “ongoing talks”.
Huawei is a security risk because its a Chinese company. But it's OK for the Chinese to manufacture Apple products. I don't get it.
Not sure why Apple needs to be linked to this? Foxconn do work for a huge number of companies. If you have any electronic devices, chances are Foxconn played a part in their manufacture.
good
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