iPhone Maker Foxconn Interested In Nissan As Merger Talks With Honda Continue

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Foxconn News

Honda,Japan,Nissan

Honda and Nissan may create a new holding company that would allow them to share resources

It's understood that Foxconn's interest in Nissan may have accelerated ongoing discussions with Honda. The Taiwanese company is eager to begin manufacturing vehicles. Foxconn is particularly interested in Nissan's car manufacturing and design skills. Soon after reports emerged about Honda and Nissan exploring a potential merger, new details suggest that Taiwanese iPhone manufacturer Foxconn has its sights set on acquiring a stake in Nissan.

Read: Apple iPhone Maker Foxconn’s Latest EV Is A Minivan Designed By Pininfarina The Wall Street Journal reports that Foxconn plans to produce vehicles in a similar fashion to how it builds iPhones for Apple, with companies outsourcing vehicle design and production to them. While it has limited expertise in vehicle chassis and body manufacturing, a partnership with Nissan could help accelerate its plans to start building cars.

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