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TPE:2317

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Asia

Foxconn Subsidiary to Lease Portions of Three Factory Buildings in Shenzhen

Fulian Yuzhan Precision Technology, a subsidiary of Hon Hai Precision Industry Co (TPE:2317), also known as Foxconn, has acquired right-of-use assets for portions of factory buildings located in Shenzhen, China, from affiliated entities within the Foxconn Technology Group.The transaction involves a total contract rent of 109.36 million yuan, according to a Monday filing to the Taiwan stock exchange.The lease covers 322,123.85 square meters of space at Foxconn Hongguan Science Park and Foxconn Science Park, and the transaction involves right-of-use assets valued at 105.21 million yuan.The rental period will be from May 1 through Dec. 31, 2027.Shares of the electronics manufacturing and technology solutions provider fell nearly 1% in recent trade.

TPE:2317
Asia

Foxconn Targets 100% Green Energy Across Global Operations by 2040

Electronics contract manufacturer Hon Hai Precision Industry (TPE:2317), also known as Foxconn, aims to achieve 100% green energy to power its production sites globally by 2040, according to its latest sustainability report released Monday.The electronics manufacturer said green power accounts for around 68% of its total power consumption in 2025, ahead of its targeted milestone of 50% by 2030.The company is also eyeing net-zero emissions by 2050, with solar projects at major sites in Taiwan, Vietnam and China boasting a combined installed and planned capacity of around 125.68 megawatts.

TPE:2317
Asia

Foxconn Posts Second-Highest Single-Month Revenue in August

Electronics contract manufacturer Hon Hai Precision Industry (TPE:2317), also known as Foxconn, reported its highest-ever August revenue and the second-highest single-month performance in its history, according to a press release on Saturday.Revenue in August jumped 52% year over year to NT$921.8 billion from NT$606.5 billion, while on a month-over-month basis, the company's revenue declined 2.6% from NT$246.5 billion in July.Cumulative revenue for the first eight months of 2026 rose 39.7% to NT$6.51 trillion, driven by the strong growth in cloud and networking products and components.Looking ahead, the company expects its performance in the third quarter to outperform market expectations.

TPE:2317
Treasury

Foxconn Singapore Unit Prices 101.9 Billion Yen Bonds

Foxconn Singapore, a subsidiary of Hon Hai Precision Industry (TPE:2317), d/b/a Foxconn, has priced 101.9 billion yen worth of corporate bonds under its medium‑term bonds program, according to a Friday Taiwan Exchange filing.The offering comprises 65.7 billion three-year bonds at a fixed interest rate of 2.92%, and 36.2 billion yen of five-year bonds at a fixed rate of 3.28%, the filing said.

TPE:2317
Asia

Hon Hai Precision Signs Two-Year Lease for Shenzhen Factory

Hon Hai Precision Industry (TPE:2317) unit Futaihua Industrial (Shenzhen) agreed to lease factory buildings in Shenzhen, China, for 52.7 million yuan, according to a Monday Taiwan Exchange filing.The counterparty is an affiliate, Foxconn Technology Group, and the lease is for operational needs.The two-year lease covers 111,826 square meters at Foxconn Hongguan Science and Technology Park, and will run from Oct. 1, 2026, to Sept. 30, 2028.

TPE:2317
Asia

Hon Hai Unit to Buy California Plant for $55 Million

Hon Hai Precision (TPE:2317) unit Q-Edge agreed to acquire land and a factory in Santa Clara, California, for $55.3 million, according to a Wednesday Taiwan Exchange filing.The property, spanning 110,083 square feet, will be purchased from GVII-LPC Stender Owner.The acquisition is intended for operational needs.

TPE:2317
Asia

Hon Hai Precision Unit Buys US-Based Q-Edge for $188 Million

Hon Hai Precision Industry (TPE:2317) unit Foxconn Assembly will acquire 18.8 million shares of U.S.-based Q-Edge for $188 million as a long-term investment.Following the transaction, Foxconn Assembly will hold 22.6 million Q-Edge shares, representing 100% ownership, according to a Friday Taiwan Exchange filing.

TPE:2317
Asia

Mitsubishi Motors to Launch EV in Australia, New Zealand via Foxconn Unit

Mitsubishi Motors (TYO:7211) has partnered with a unit of Hon Hai Precision (TPE:2317), or Foxconn, to introduce its new battery electric vehicle, the ASX VR‑e, to the Australian and New Zealand markets this year.The model will be supplied on an Original Equipment Manufacturer (OEM) basis by Foxtron Vehicle Technologies (TPE:2258), according to a press release from Mitsubishi on Monday.

TPE:2258TPE:2317TYO:7211
Foxconn's Second-Quarter Earnings Surge on AI Boom
US Markets

Foxconn's Second-Quarter Earnings Surge on AI Boom

Hon Hai Precision Industry (TPE:2317) ended Wednesday trading in Taiwan around 3% in the green as its profit and revenue for the second quarter surged from a year earlier due to the growing popularity of artificial intelligence technologies.The world's largest electronics manufacturer said net profit attributable to the owners rose 35% year on year to NT$60 billion, with earnings per share increasing to NT$4.27 from NT$3.19. Hon Hai, also known as Foxconn, posted a 41% year-on-year jump in its revenue to NT$2.53 trillion.Against this backdrop, the top iPhone assembler expects significant quarterly growth in the third quarter, its traditional peak season. Year-over-year increases are also expected for the three-month period, with high double-digit growth seen for cloud and networking products and AI server rack shipments."Amid significant market interest regarding the mass production progress of AI and smart consumer electronics products for key clients, Foxconn Rotating CEO Michael Chiang stated the Group is seeing sustained volume growth in AI server racks driven by continued capital expenditure expansion among cloud service providers," the company said.Over the next year, Foxconn's Chiang said demand for AI production capacity will remain "very strong," and so the company expects capex to increase in Taiwan, Mexico and Vietnam, among other locations. In the US, the company said it will continue to build up its research, development and manufacturing capacity in Texas, Wisconsin, Ohio and California in response to American localization needs."Regarding the ROE and operating profit margin indicators, Chiang stated the ROE for the first half of this year reached 6.21%, an increase of 0.73 percentage point compared to the same period last year, reaching half of the Group's 12% target, with further room for improvement. Operating profit margin - at 3.67% in the January-June period, improving 0.67 percentage point year-on-year - not only met the Group's 3% target, but should also exceed last year's full-year level of 3.2%."

TPE:2317
Asia

Foxconn Expects Continued Capex Growth in US, Others as AI Demand Stays 'Very Strong'

Hon Hai Precision (TPE:2317), d/b/a Foxconn, flagged Wednesday with its earnings report continued investments in Taiwan, the U.S., Mexico and Vietnam as AI demand remains "very strong."In the U.S., the company is planning capital expenditure growth as it moves to expand research and development and manufacturing capabilities in Texas, Wisconsin, Ohio and California to meet localization needs.Meanwhile, in order to keep "a sound capital structure," the electronics manufacturer said it does not plan to tap into direct equity financing to fund its operations and expansion.

TPE:2317
Asia

Foxconn Upbeat on Q3, FY Growth as Q2 Attributable Profit, Revenue Surge

Hon Hai Precision (TPE:2317), d/b/a Foxconn, expects continued growth for the rest of 2026 as it reported year-over-year surges in second-quarter earnings and revenue on Wednesday.Net profit attributable to the parent company's owners reached NT$60 billion in the three months, up 35% from a year earlier, while EPS rose to NT$4.27 from NT$3.19. Revenue surged 41% annually to NT$2.53 trillion.Looking ahead, Foxconn expects third-quarter growth to be "significant" on a quarterly basis and "strong" annually, supported by the traditional peak season. High-double-digit growth rates were also projected for cloud and networking products and AI cabinet shipments.For full-year 2026, Foxconn's outlook for strong growth remains unchanged, thanks to continued demand for AI servers and growth in consumer smart products. AI cabinet shipments are also expected to more than double from 2025.

TPE:2317
Asia

Update: Foxconn Reports Progress Across EV Business

(Updates reference to Cavira in the second paragraph)Foxconn (TPE:2317) reported progress on new businesses, including electric vehicle-related projects, on Wednesday with its second-quarter earnings update.The Taiwanese electronics manufacturer said it started domestic deliveries of its new Cavira Model C EV in July. The mass production of Model T and batteries for electric buses in Kaohsiung has started as well. In Japan, vehicles developed with Mitsubishi will commence deliveries during the second half.Elsewhere, the company's joint venture EV charging pile factory in Saudi Arabia is set to start production in the fourth quarter, while an EMP EV collaboration project in Poland is progressing.

TPE:2317
Asia

Foxconn Reports Progress Across EV Business

Foxconn (TPE:2317) reported progress on new businesses, including electric vehicle-related projects, on Wednesday with its second-quarter earnings update.The Taiwanese electronics manufacturer said it started domestic deliveries of its new Cavira EV in July and the mass production of Model T and batteries for electric buses in Kaohsiung. In Japan, vehicles developed with Mitsubishi will commence deliveries during the second half.Elsewhere, the company's joint venture EV charging pile factory in Saudi Arabia is set to start production in the fourth quarter, while an EMP EV collaboration project in Poland is progressing.

TPE:2317
Asia

Foxconn to Start Mass Production of CPO All-Optical Switches in Q3

Hon Hai Precision (TWSE:2317), better knows as Foxconn, is planning mass production and initial shipments of its co-packaged optics all-optical switches in the third quarter of 2026, according to a Wednesday earnings briefing.The electronics manufacturer's next-generation VR cabinets will enter mass production during Q3, while full-year AI cabinet shipments are expected to more than double.Additionally, revenue from high-speed networking has been projected to double in 2026.

TPE:2317
Asia

Hon Hai Precision Logs NT$109.9 Billion Profit in H1

Hon Hai Precision Industry (TPE:2317) posted a profit attributable to owners of NT$109.9 billion in the first six months of 2026, or NT$7.84 per basic share, according to a Wednesday disclosure on the Taiwan Exchange.The electronics contract manufacturer did not provide comparative year-ago figures.Operating revenue was NT$4.645 trillion, the company said.

TPE:2317
Asia

Update: Hon Hai Precision's Revenue Soars 54% in July

(Updates to correct that monthly revenue was up 15%)Hon Hai Precision's (TPE:2317) consolidated revenue jumped 54% year on year to NT$946.5 billion in July, according to a company release on WednesdayIn the year-ago period, the company's revenue amounted to NT$613.9 billion, the electronics contract manufacturer said.Monthly, the company's revenue jumped by 15%.Also known as Foxconn, the company manufactures electronic products for major global companies such as technology giant Apple.

TPE:2317
Asia

Hon Hai Precision's Revenue Soars 54% in July

Hon Hai Precision's (TPE:2317) consolidated revenue jumped 54% year on year to NT$946.5 billion in July, according to a company release on WednesdayIn the year-ago period, the company's revenue amounted to NT$613.9 billion, the electronics contract manufacturer said.Monthly, the company's revenue jumped by 34.9%.Also known as Foxconn, the company manufactures electronic products for major global companies such as technology giant Apple.

TPE:2317
Asia

Hon Hai Precision Industry's Asia Bay Supercomputing Launches 5MW AI Cluster on Nvidia HGX B300

Hon Hai Precision Industry (TPE:2317) unit, Asia Bay Supercomputing, launched its first 5MW cluster built using the Nvidia HGX B 300 system, according to a Friday press release.The cluster uses a water-cooled 2N high-availability architecture and Nvidia Quantum-X800 InfiniBank network to support large-scale model training and inference.It has already signed two long-term lease contracts with its first batch of customers and is in commercial operation, reporting over 90% utilization.The cluster has also secured Nvidia's Exemplar Cloud validation for HGX B300 training workloads, which validates its Tokenized AI Factory.

TPE:2317
Asia

Foxconn Unit to Boost Stake in Maxnerva to 40% in HK$152 Million Deal; Maxnerva Shares Surge 64%

Hon Hai Precision Industry (TPE:2317) or Foxconn, through subsidiary Foxconn (Far East), agreed to acquire a 33.85% stake in Maxnerva Technology Services (HK:1037) for about HK$152.4 million, according to filings with the Taiwan and Hong Kong bourses on Tuesday.Foxconn (Far East) will purchase 239 million shares from sellers FSK Holdings and FDG Fund at HK$0.6374 per share.Following the transaction, Foxconn (Far East)'s direct stake in Maxnerva will increase to 40.46% from 6.61%.The transaction triggers a possible mandatory conditional cash offer by Somerley Capital on behalf of the offeror to acquire all remaining issued shares and cancel all outstanding options of Maxnerva, valued at up to HK$272.3 million.Foxconn's shares were down nearly 5%, while those of Maxnerva surged 64% in Tuesday's late-morning trade.

HKG:1037TPE:2317
Asia

Foxconn Industrial Internet to Repurchase Shares for Up to 2 Billion Yuan

Foxconn Industrial Internet (SHA:601138), a subsidiary of Hon Hai Precision Industry (TPE:2317), plans to repurchase its shares ranging from 1 billion yuan to 2 billion yuan, using its own funds, according to a Monday filing to the Taiwan bourse.Foxconn's shares were down over 2% in Tuesday's trade.The repurchase will be conducted through centralized bidding, and the price will be capped at 103 yuan per share, said the contract manufacturer of AI servers.The repurchase will be carried out within three months after receiving the board of directors' approval.

SHA:601138TPE:2317

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