NEW TAIPEI, Taiwan, Feb 12 (Reuters) - Foxconn

Chairman Young Liu said on Wednesday that the company's aim is

cooperation with Japan's Nissan ( NSANF ), not acquisition.

The struggling Japanese automaker is again at a crossroads

after backing out of negotiations with bigger rival Honda ( HMC )

last week to create the world's No. 3 automaker, a deal

that would have been the latest major change in the shifting

global car industry.

A source told Reuters that Nissan ( NSANF ) is open to working

with Taiwan's Foxconn, the world's largest contract electronics

maker and Apple's main iPhone maker.

Speaking to reporters at its corporate headquarters in

New Taipei, outside the capital Taipei, Liu said Foxconn is not

looking at buying Nissan ( NSANF ).

"Purchasing its shares is not our aim; our aim is

cooperation," he added.

Foxconn is also talking about cooperation with France's

Renault given that company's ownership stake in

Nissan ( NSANF ), Liu said.