Reported 27 days ago
Taiwan's Foxconn has reached an agreement to sell its former car factory in Lordstown, Ohio, for $375 million while continuing to utilize the premises to manufacture data center products, reflecting its shift towards cloud and networking technology. The facility, acquired from Lordstown Motors Corp in 2022, supports the growing demand for artificial intelligence infrastructure. Foxconn is committed to maintaining its automotive production capabilities in the U.S.
Source: YAHOO