Taiwan's Foxconn says eying electric vehicle market

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Foxconn Chairman Liu Young-way said on Friday the company hopes to take 10per cent of global market share for electric vehicles between ...

Foxconn Chairman Liu Young-way said on Friday the company hopes to take 10per cent of global market share for electric vehicles between 2025-2027, and that it has been in talks with multiple carmakers for future cooperation.

A shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump as he participates in the Foxconn Technology Group groundbreaking ceremony for its LCD manufacturing campus, in Mount Pleasant, Wisconsin, U.S., June 28, 2018.

Foxconn, best known globally as a major supplier to Apple Inc , is looking at new growth from sectors such as electric vehicles, digital health and robots in a drive to diversify its global investments.

 

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