Major Apple supplier forms partnership to build cars for automakers
(iMore iPhone)

The 50/50 venture will also provide consultation services for electric vehicles. What you need to know A major Apple supplier has started a joint venture to provide car manufacturing to automakers. It comes following swirling reports that Apple plans to release a car of its own in the future. Apple`s biggest supplier Foxconn has started a partnership to provide contract manufacturing to carmakers, according to a new report. From Reuters: Taiwan`s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers, the companies said in a statement. It marks the latest move by Foxconn, a major Apple Inc supplier, into autos after a tie-up with Chinese electric car startup Byton and comes amid reports that Apple is likely to launch a self-driving electric c...