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Title: Apple's biggest supplier buys new plant for electric vehicle chips Post by: HCK on August 05, 2021, 04:05:20 pm Apple's biggest supplier buys new plant for electric vehicle chips
Apple is thought to have an electric car in the pipeline... What you need to know Apple's biggest supplier is buying a plant to make chips for electric vehicles. Foxconn is spending $90 million on a semiconductor plant in Hsinchu, Taiwan. Apple is rumored to have an electric vehicle, but it's still years away. Apple's biggest supplier, Foxconn, has agreed to purchase a semiconductor plant in Taiwan to solidify its push into electric vehicle manufacturing, with Apple itself rumored to be planning an Apple Car down the road. From Nikkei Asia: Taiwanese electronics giant Foxconn said on Thursday it will buy a semiconductor plant from a local memory chip supplier for $90 million, marking a major step by the iPhone assembler to secure a source of chips for its nascent electric vehicle business. Foxconn has started to focus heavily on electric vehicle production to balance out a slowdown in consumer electronics, and the company's chairman has said that chip supply is crucial ... Source: Apple's biggest supplier buys new plant for electric vehicle chips (http://feedproxy.google.com/~r/TheIphoneBlog/~3/F8zR-qPsKzs/apples-biggest-supplier-buys-new-plant-electric-vehicle-chips) |