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Report: SoftBank Acquires Foxconn Lordstown Plant
News outlet Bloomberg has reported that SoftBank Group Corp. is the entity behind the acquisition of Foxconn’s Lordstown manufacturing plant. The purchase is intended to help launch the Japanese investment firm’s $500 billion Stargate data center project with partners OpenAI and Oracle Corp.
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
Foxconn was supposed to produce a variety of EVs under contract at the Ohio facility, but it has now sold the plant to a ...
Foxconn’s announcement to sell its Lordstown manufacturing plant, while continuing operations at the sprawling ...
FOX 8 News on MSN3d
Lordstown plant could start building A.I. equipment
According to a statement from Foxconn, after selling the plant and all of its equipment to a firm called “Crescent Dune,” ...
Troubles at Lordstown first started in late 2016. General Motors, the builder and then owner of the plant, announced that ...
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