Hon Hai, the Taiwanese iPhone-maker better known as Foxconn, was exploring an investment or buyout of Nissan last year but backed off in December 2024 after the Japanese car-maker penned a deal with Honda to bring both brands under a single holding company.
Nissan Motor’s shares climbed after a report said Hon Hai Precision Industry was making another pass at the flailing car-maker as its tie-up with Honda Motor falls apart.
Nissan rose as much as 6% after CNA reported that Hon Hai Chairman Young Liu instructed former Nissan executive Jun Seki to connect with French car-maker Renault, which holds about 36% of Nissan’s stock.
