Foxconn anticipates signing an electric vehicle (EV) cooperation agreement with a prominent Japanese automaker within the next two months. Amidst the sluggish demand for consumer electronics that has impacted its 2024 net profit, Foxconn's AI server business has witnessed robust growth, with shipments projected to surge throughout the year. Hon Hai Chairman Young Liu disclosed that the company is contemplating acquiring Renault's stake in Nissan and exploring non-merger collaboration opportunities with Nissan. As Foxconn forges ahead into the Japanese EV market, Liu hinted at imminent announcements regarding significant advancements in its EV endeavors.
