Taiwan's Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the Japanese automaker's future hangs in the balance after stepping back from merger talks with Honda. "If cooperation requires it (purchasing Nissan shares),

Foxconn boss Young Liu publicly confirmed for the first time on Wednesday that the world's largest contract manufacturer is interested in joining Nissan.

With Renault's alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan by the Taiwanese contract manufacturer to expand into the EV market.