The firm said it expects first-quarter revenue to rise more than 15% from a year earlier
Fisker's shares jumped 23.4% to $20.10 in premarket trading.
Amazon will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn
Foxconn aims to provide components or services to 10% of the world's EVs by between 2025 and 2027
They will each hold 50 per cent of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers
Foxconn is building assembly lines for Apple's iPad tablet and MacBook laptop at its plant in Vietnam's northeastern Bac Giang province
Foxconn, known also as Hon Hai Precision Industry Co., is one of several Taiwanese firms exploring ways to expand in America and lessen a reliance on Chinese production bases.
TAIPEI (Reuters) - Foxconn <2317.TW>, the world's largest contract electronics maker, reported near flat quarterly profit on Thursday, beating market estimates amid firm demand for telecommuting devices as the pandemic-induced work-from-home trend continues.
Luxshare has also received over 1 billion yuan ($148.80 million) in government subsidies since 2016 to the first half of this year
India and Taiwan in 2018 signed an updated bilateral investment agreement in a bid to further expand economic ties
The Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co and a major supplier to Apple Inc , is looking at growth from sectors such as EVs, digital health and robots
The proportion outside the country is now at 30 per cent, up from 25 per cent last June
Foxconn reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ended June. That was up 34% from a year earlier
The proposals by electronics manufacturers will create 300,000 direct and 900,000 indirect jobs, says Ravi Shankar Prasad
The scheme aims to make India a manufacturing and export hub for mobile phones
Sources said this could be the beginning of a new era for Apple, which is preparing to begin manufacturing its newly launched iPhone SE (2nd Generation) of handsets in India
There is no clarity on price cuts but manufacturing in India saves Apple 22% on duties
Foxconn's customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been complied with, Foxconn said in a filing to Taipei stock exchange
While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.
Foxconn already makes smartphones in India for Apple Inc and Xiaomi Corp, though in March said it suspended production due to the novel coronavirus outbreak