Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. This week we talked about media, startup rounds and some Big Money Moves:…
Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the latest in a series of bets from the key Apple contract partner as it expands its base in the South Asian market. K.T. Rama Rao, Telangana’s IT minister, said in a tweet that the investment from Foxconn…
Beleaguered EV company Lordstown Motors seemed to have found a financial savior in Foxconn, the Taiwanese manufacturer best known for making iPhones for Apple. But now, with that relationship faltering, it appears the the road is ending for Lordstown’s Endurance EV truck and maybe even the company. Lordstown issued a warning May 1 that it…
Lordstown Motors is at risk of failing — again. The EV startup that went public via a SPAC merger cautioned investors Monday that it may be forced to file for bankruptcy because Foxconn may pull out of a critical funding deal, according to a regulatory filing. Taiwanese manufacturer Foxconn sent a letter April 21 to…
Filed under: Plants/Manufacturing Continue reading Foxconn finds EVs are harder to build than iPhones Foxconn finds EVs are harder to build than iPhones originally appeared on Autoblog on Sat, 18 Mar 2023 12:00:00 EDT. …
Lobbying leads to landmark legislation that anticipates iPhone production.
Leave it to Apple to comply with the EU’s USB-C mandate, only to find a way to keep its tech proprietary. There’s a report from a noted leaker that while the iPhone 15 will have a USB-C port, it will rely on the MFi certification for full capability. T…
The saga of Apple’s supposed mixed reality headset is starting to feel more like a ‘90s sitcom than a major tech release. Every time there’s a new episode, there’s a promise of real change to our beloved characters, and by the end of the episode it’s a…
Earlier this week the U.S. Patent and Trademark Office granted new patents to Apple Inc. that hinted at intriguing hardware features, including wraparound touch displays and foldable screens. The patents might indicate what to expect in upcoming new pr…
Earlier this week the U.S. Patent and Trademark Office granted new patents to Apple Inc. that hinted at intriguing hardware features, including wraparound touch displays and foldable screens. The patents might indicate what to expect in upcoming new pr…
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