Regarding Cooperation With Nissan, Foxconn Finally Opened His Voice

JAKARTA - In recent times, the issue of the cancellation of Nissan's partnership with Honda has become increasingly prominent. This news was strengthened by Nissan who was trying to find other companies to cooperate.

Foxconn is the next manufacturer to enter the radar partnering with Nissan. In addition, the latest news is that the technology giant from Taiwan plans to own Nissan shares from Renault Group.

With so much news blowing, Foxconn spoke up about it.

Foxconn chairman, Young Liu said his company did not want to acquire Nissan, but was open to cooperating and buying shares if needed.

"Buying shares is not our target, but our goal is cooperation," said Young Liu, quoted by Reuters on Thursday, February 13.

Although Foxconn has spoken out about the rumors, Nissan and Renault have yet to comment.

Renault has now held a 36 percent stake in Nissan and has maintained the alliance since 1999. However, this French manufacturer wants to release 18.7 percent of the amount.

Nissan's lack of partnership also had an impact on Renault. Now, the company with the variant' logo added that it was reviewing various possibilities in the talks.

Previously, on Foxconn's radar as a company that would become a new partner for Nissan after the merger talks with Honda were almost certainly canceled.

This step is an effort to anticipate the acceleration of technology carried by software-driven electric vehicles, and the soaring development of new Chinese manufacturers.

This is also in line with Foxconn wanting to expand its nascent electric vehicle contract manufacturing business. Previously, the company had approached Nissan regarding cooperation last December but was rejected.

Foxconn is now also running an electric vehicle business led by former senior Nissan executive Jun Seki. He was once seen as a competitor to become CEO of the well-known automotive manufacturer before Nissan appointed Makoto Uchida.