Stellantis & Foxconn Sign Non-Binding Agreement To Build Semiconductor Chips!

[redriderbob]

Stellantis & Foxconn Sign Non-Binding Agreement To Build Semiconductor Chips!​

Purpose-Built Semiconductors Will Support Stellantis & Third-Party Customers...​

Stellantis and Hon Hai Technology Group, (“Foxconn”) have announced the signing of a non-binding memorandum of understanding to create a partnership with the intent to design a family of purpose-built semiconductors to support Stellantis and third-party customers.

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[mikeru82]

It's great to see people and companies are adapting to the changing conditions we're seeing. My only concern is the amount of time it takes to get this type of operation up and running. Maybe it will be in place when I'm shopping for my next vehicle.

 

[Vilas15]

"non-binding memorandum of understanding"

I'll believe it when I see it. foxCONn duped our former governor with big promises and took people's homes through eminent domain to build a few facilities with huge tax benefits providing only a tiny fraction of the jobs promised.