<ul><li>Foxconn, known for building iPhones, was interested in acquiring Nissan but is putting that effort on hold while it negotiates with Honda.</li><li>Foxconn had sent a group to chat with Renault, which holds a 36 percent stake in Nissan, prior to its decision to pause acquisition efforts.</li><li>Though Foxconn is taking a step back while Nissan and Honda discuss a merger, it isn't giving up entirely and will take a 'wait and see' approach.</li><li>A merger between Nissan and Honda could help both companies in terms of resources, efficiency, and developing new models.</li></ul>

Foxconn Will Put Its Nissan Acquisition Ambitions On Hold While The Automaker Negotiates With Honda

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