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SoftBank Buys Foxconn's Ohio Plant to Advance Stargate AI Push, Bloomberg News Reports
SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board with its plan to build data centers and related infrastructure throughout the U.S., which led to the sale of the plant, the report said, citing people familiar with the matter.
SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.
Foxconn has announced the sale of its Lordstown plant to Crescent Dune, but will continue to operate at the facility.
Foxconn apparently sold its Lordstown, OH, EV factory to a company created just weeks before, while claiming it will maintain ...
Taiwan's Foxconn said on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, ...
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely ...
Foxconn has sold its Lordstown Assembly plant to an “existing business partner” but will continue to occupy the factory.
Taiwan's Foxconn said on Monday it had struck a deal to sell the Lordstown former car factory in Ohio for $375 million, ...
Apple has been diversifying from its core iPhone business, so why shouldn't key supplier Foxconn ? The electronics giant’s cash cow has long been contract manufacturing for the company run by Tim Cook ...
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