Key $Apple (AAPL.US)$  supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S' (HNHPF.US)$  and an Indonesian government agency last week held discussions related to a possible electric vehicle investment in the country, Nikkei Asia reported on Sunday.The investment, if it goes through, would be a huge boost for Indonesia as it looks to diversify itself as a key player in the global electric vehicle supply chain.
Foxconn last week revealed three electric vehicle prototypes that include a sedan, a sports utility vehicle and bus, and said it aims to turn electric vehicles into a $35 billion business in five years.
The Apple supplier had earlier this month confirmed a deal with pre-production electric vehicle startup $Lordstown Motors (RIDE.US)$ to buy its Ohio assembly plant and build electric vehicles there for its partner $Fisker (FSR.US)$
Indonesia is also the largest producer of nickel, a key ingredient used in making electric vehicle batteries.

For $Apple (AAPL.US)$ , the issue echoes a similar incident in India a year ago, where it placed another iPhone maker, Wistron Corp., on probation following riots over unpaid wages. Foxconn has pledged to revamp its Indian management team and operations in the wake of the Chennai protest, and the Tamil Nadu government said the company had agreed to expand living areas, upgrade bathing facilities and provide drinking water.
Apple’s most...

$Apple (AAPL.US)$ Foxconn Technology Group will gradually resume operations at a plant in India that makes iPhones for Apple Inc., as it begins to address workers’ protests over sub-standard living conditions.
The Taiwanese company will open the complex in stages as improved dormitories are ready. It’s implemented a system to ensure workers can voice their complaints in future, anonymously if need be, Foxconn said in a statement Monday...

$Apple (AAPL.US)$ supplier Foxconn-backed open-source electric vehicle platform Mobility In Harmony (MIH) has formed an alliance with the AI experts at Autoware Foundation.
What Happened: MIH said its alliance with Autoware is aimed at speeding up the development of an integrated solution for electric autonomous vehicles.
The consortium is expected to lower entry barriers, shorten development cycles and accelerate innovation i...

Taiwan's Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage.
Foxconn, the world's largest contract electronics manufacturer and a major $Apple (AAPL.US)$ supplier, has expanded into areas including electric vehicles (EVs) and semiconductors in recent years.
In a statement, Foxcon...

$Apple (AAPL.US)$ Its happening!

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