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Supply Chain

Foxconn to build first battery plants for EVs in southern Taiwan

iPhone assembler making push in strategic components as competition intensifies

Foxconn is supplying electric buses in the city of Kaohsiung in southern Taiwan. (Photo by Lauly Li)

KAOHSIUNG, Taiwan -- Foxconn, the world's biggest contract electronics manufacturer, said on Thursday it will manufacture battery packs and cells for the first time at new facilities in southern Taiwan, moving to gain more control over the supply of strategic materials central to the booming electric vehicle industry.

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