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Foxconn Is Building an Electric Car Factory Next to Where It Makes iPhones

Retrieved on: 2024-08-14 18:11:26

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Summary

Foxconn is establishing a new electric car manufacturing campus in Zhengzhou to diversify beyond Apple's iPhone production. This expansion into the electric vehicle industry marks a significant shift amidst declining iPhone sales and Apple's EV project cancellation.

Article found on: www.nytimes.com

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