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Microsoft’s Wisconsin expansion, potentially economically beneficial, morally bankrupt
18 Oct 2025 21:22 GMT
Microsoft announced alongside Wisconsin Gov. Tony Evers Sept. 19th it will invest an additional $4 billion to expand its current datacenter project in Mount Pleasant, Wisconsin, raising their total investment to $7 billion, according to Dryden Wire. The …
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EV startup’s lawsuit against Foxconn will proceed
17 Sep 2025 16:31 GMT
… 2025
Legal
A lawsuit and bankruptcy proceeding filed by Nu Ride … affirmed the Bankruptcy Court’s decision to partially deny Foxconn’s adversary … site, it “emerged” from bankruptcy on March 14, 2024, as … causes of action.
A Bankruptcy Court ruled in 2024 that …
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Foxconn, Softbank to establish joint data center equipment factory
19 Aug 2025 19:15 GMT
… manufacturing facility in Lordstown, Ohio, Foxconn Chairman Young Liu announced Monday … . “This investment will further strengthen Hon Hai Precision Industry’s position in the … as Lordstown Motors filed for bankruptcy and sued the electronics manufacturer …
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Foxconn Sells Ohio Plant And Will Oversee AI Server Production There
17 Aug 2025 13:38 GMT
… there prior to Fisker’s bankruptcy.
Basically, the site … ownership to Crescent Dune, Foxconn can reallocate capital towards … bigger-picture analysis:
“Foxconn’s strategic realignment underscores … the Lordstown facility and Foxconn’s planned operations. “ …
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Monarch Tractors won’t be built by Foxconn after Ohio factory sale
13 Aug 2025 18:12 GMT
… by OpenAI and Oracle. Foxconn purchased the former General … former General Motors factory. Foxconn built a few hundred … have all filed for bankruptcy. While Foxconn made a handful of … California startup called IndiEV. Foxconn never built any vehicles for …
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Foxconn sells Lordstown, Ohio plant for $375 million to ‘existing business partner,’ plans to transform it into massive AI server factory
06 Aug 2025 20:02 GMT
… electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is … $230 million from the now-bankrupt Lordstown Motors Corp., which had … Motors filing for bankruptcy in 2023 and suing Foxconn, citing unfulfilled …
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Foxconn Is Selling The Lordstown Factory That Was Supposed To Make EVs
06 Aug 2025 06:57 GMT
… at the Lordstown facility.
Foxconn, the Taiwanese contract … be sold by Foxconn, officially known as Hon Hai Precision Industry Co., … Despite the transaction, a Foxconn representative said that the … Lordstown Motors filed for bankruptcy in June 2023. A …
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SoftBank buys Foxconn Lordstown plant for Stargate AI servers
11 Aug 2025 13:07 GMT
… autonomous farm equipment, was Foxconn’s sole remaining contract … operations or filed for bankruptcy. Monarch CEO Praveen Penmetsa … affected by trade disputes. Foxconn acquired the Lordstown factory … startup Lordstown Motors.
Foxconn chairman Young Liu stated …
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SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
08 Aug 2025 16:34 GMT
… General Motors factory owned by Foxconn in Lordstown, Ohio is … the lone customer of Foxconn’s contract manufacturing operation … Motors. At the time, Foxconn chairman Young Liu said … , Lordstown Motors filed for bankruptcy. Prospective customers like Fisker …
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Foxconn to sell former car factory in Ohio for $375m
06 Aug 2025 09:45 GMT
… larger than a plant Foxconn is currently constructing in … ’s GB300 AI servers.
Foxconn acquired the Lordstown plant, … $230m from the now-bankrupt US electric vehicle startup … bankruptcy and subsequent legal action against Foxconn.
In its announcement, Foxconn …