TAIPEI -- Key Apple supplier Foxconn on Tuesday confirmed it is in talks to buy a chip manufacturing plant from a leading Taiwanese memory chipmaker, a move aimed at securing resources for its electric vehicle business amid the global semiconductor supply crunch.
Semiconductors
Foxconn in talks to buy chip plant to support EV ambitions
Key Apple supplier keen to secure components amid global crunch
Foxconn, a key iPhone assembler, is betting on electric vehicles to spur growth as the smartphone market matures. (Source photos by Reuters and screenshot from Macronix International website)
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