Foxconn shifts focus to car manufacturing amidst US-China tensions.

Foxconn, the Taiwanese company that manufactures Apple products, is shifting some of its supply chains away from China and betting big on electric cars as it navigates a new era of icy Washington-Beijing relations. Chairman and CEO Young Liu said that even as Foxconn shifts some supply chains away from China, electric vehicles (EVs) are what will drive its growth in the coming decades. As US-China tensions soar, Mr Liu said, Foxconn must prepare for the worst, including attempts by Beijing to blockade Taiwan, which it claims as part of China, or worse, to invade the self-ruled island.