ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Foxconn accelerates drive for in-house EV chips

Apple supplier turns to auto assembly to reduce reliance on thin-margin iPhones

Workers assemble an electric pickup truck at Foxconn's factory in Lordstown, in the U.S. state of Ohio, in November 2022.   © Reuters

TAIPEI -- Taiwan's Hon Hai Precision Industry is ramping up efforts to produce automotive semiconductors in-house, as the company, best known for building iPhones for Apple, seeks more profitable pastures in electric vehicle assembly.

The manufacturer commonly known as Foxconn is confident it can "provide customers with the most competitive automotive solutions," Jun Seki, chief strategy officer for EVs, said Tuesday, while announcing a partnership with Infineon Technologies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more