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.

According to the Financial Times, Liu expects to announce a cooperation deal within one or two months. He confirmed that Honda, Nissan, and Renault—which owns 36% of Nissan—were among the automakers Foxconn was in talks with regarding a potential EV supply deal.