Foxconn Eyes Controlling Stake in Nissan: A Shift in Automotive Alliances?

In a surprising turn of events, Foxconn, the Taiwanese electronics manufacturing giant best known for assembling Apple products, has reportedly initiated discussions with Nissan to explore the possibility of acquiring a controlling stake in the renowned Japanese automaker. This intriguing move signals a potential strategic shift not only for Foxconn but also for the broader automotive landscape.

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Hon Hai's Revenue Bounce Back: Apple's Key Manufacturer Grows With AI Innovation

Powered by rapid developments in artificial intelligence, Hon Hai Precision Industry Co.-better known as Foxconn and the main assembler of Apple Inc.'s iPhones-is experiencing a stunning resurgence in revenue. One of the world's largest electronics contract manufacturers, Hon Hai has ridden out some rough economic weather and come out stronger, refocusing its business on AI applications.

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