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[News] Foxconn Clarifies No Plans for Own Car Brand, Seeks Nissan Partnership Under CDMS Model
According to a report from Commercial Times, after the failed merger plan between Honda and Nissan, speculation arose regarding whether Foxconn would acquire Nissan. On February 12, Foxconn Chairman Young Liu addresses these concerns, stating that for Foxconn, this is not an acquisition but a collaboration opportunity.
Liu emphasizes that Foxconn has been in discussions with multiple automakers and will continue negotiations under its Contract Design and Manufacturing Service (CDMS) business model, as highlighted by the report.
The report notes that Foxconn…
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