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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.
SoftBank Buys Foxconn's Ohio Plant to Jumpstart Stargate AI Push, Bloomberg News Reports
(Reuters) -SoftBank Group Corp is acquiring Foxconn Technology Group’s electric vehicle plant in Ohio, in a move to launch the Japanese company's $500 billion Stargate data center project with OpenAI and Oracle Corp, Bloomberg News reported on Friday.
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 plans to work with partners to convert the former electric-truck factory into a plant making cloud computing hardware ...
Foxconn said on Monday it had struck a deal to sell the former Lordstown factory in Ohio for $88 million, saying it planned ...
Foxconn has sold its Lordstown Assembly plant to an “existing business partner” but will continue to occupy the factory.
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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