Foxconn disposes of Lordstown assets amid US strategy shift

Digitimes
By Eifeh StromAug 5, 2025, 2:54 am170 pts
Hon Hai Precision Industry (Foxconn) announced on August 4, 2025, that its subsidiaries will dispose of assets at the Lordstown, Ohio facility, as part of a strategic shift in its US operations. The disposal, involving land, factory buildings, and machinery through subsidiaries Foxconn EV Property Development,…

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