FOXCONN HON HAI TECHNOLOGY INDIA MEGA DEVELOPMENT PRIVATE LIMITED
Location
Tamil Nadu
Founded
2015-11-12
Website
Risk Signals
2125 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Telephone and Telegraph Apparatus, Communications Equipment, Not Elsewhere Classified, Electronic Parts and Equipment, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about FOXCONN HON HAI TECHNOLOGY INDIA MEGA DEVELOPMENT PRIVATE LIMITED
Live alerts from global media, monitored by Business Radar
2024-12-18 (bloomberg.com)
Troubled Nissan Draws Interest From Both Honda and Foxconn - Bloomberg
Troubled Japanese carmaker Nissan Motor is said to have accelerated discussions to merge with rival Honda Motor after Taiwan's Hon Hai Precision Industry expressed an interest in taking a stake. News of the merger talks sent Nissan's shares surging a record 24%. Nissan's problems became evident last month when it slashed its profit forecast, said it would cull 9,000 jobs globally, and announced a 20% reduction to global output. Since then, various entities have circled the carmaker, with activist investors building up positions in its stock. France's Renault will also have a say in any deal due to its 36% stake in Nissan. Hon Hai, which makes iPhones for Apple and is known as Foxconn, has been investing heavily in factories to build EVs.
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2024-12-18 (bloomberg.com)
Honda, Nissan Explore Merger With Foxconn Also in Hunt for Stake
Honda merger would help Nissan survive intense competition. Foxconn interest part of attempt to invest in EV making
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2023-11-28 (wpr.org)
Mount Pleasant approves Microsoft deal for data centers on Foxconn land
Six years after Foxconn announced plans to invest $9 billion for a massive development in Mount Pleasant, village officials approved a new deal Monday to allow Microsoft to purchase more than 1,000 acres originally intended for the company.
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