Hon Hai Precision Industry (Foxconn) expects to see its automotive product line generate revenue between NT$50 billion (US$1.63 billion) and NT$100 billion in 2023, up from NT$20 billion in 2022.

KUALA LUMPUR: Automotive component manufacturer, Sapura Industrial Bhd (SIB) has entered into a memorandum of understanding (MoU) with Shanghai Auto Electric Drive Co Ltd (SHedrive) to localise the ...

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