|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||55.80 - 60.30|
|52 Week Range||50.00 - 79.60|
|Beta (5Y Monthly)||0.69|
|PE Ratio (TTM)||17.41|
|Earnings Date||Aug 10, 2021 - Aug 16, 2021|
|Forward Dividend & Yield||2.50 (3.89%)|
|Ex-Dividend Date||Jul 23, 2020|
|1y Target Est||69.41|
Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday. The plant's location has not been identified, but Fisker Chief Executive Henrik Fisker said four states are under consideration, including Foxconn's plant site in Wisconsin. Foxconn Chairman Liu Young-way previously said electric vehicles (EVs) have a "promising future" in Wisconsin but did not elaborate.
Taiwanese contract electronics manufacturer Foxconn Technology Co Ltd will dramatically scale back its planned investment in a Wisconsin plant, under an agreement announced with the state's governor on Tuesday. Wisconsin will reduce its tax credits authorized for the project from $2.85 billion to $80 million as Foxconn reduces its planned investment from $10 billion to $672 million and cuts the number of jobs planned from 13,000 to 1,454, Governor Tony Evers said in a statement. The investment was first announced at the White House in July 2017, when Donald Trump was president.
WASHINGTON (Reuters) -Taiwan electronics manufacturer Foxconn is drastically scaling back a planned $10 billion factory in Wisconsin, confirming its retreat from a project that former U.S. President Donald Trump once called "the eighth wonder of the world." Under a deal with the state of Wisconsin announced on Tuesday, Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000. The Foxconn-Wisconsin deal was first announced to great fanfare at the White House in July 2017, with Trump boasting of it as an example of how his "America first" agenda could revive U.S. tech manufacturing.