4 stories mentioning TPE:2354Updated just now
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Foxconn Technology's (TPE:2354) Japan unit FTC Japan agreed to acquire land and a building in Tokyo for about 1.5 billion yen, according to a Taiwan Stock Exchange filing on Thursday.The property, having a land area of 1,106.8 square meters and a building area of 1,853.5 square meters, will be purchased from Tosei.The acquisition is for business needs, it said.
Foxconn Technology's (TPE:2354) subsidiary, FTC Japan, has agreed to acquire land and a building in Japan for 1.5 billion yen, according to a Thursday Taiwan bourse filing.The property comprises 1,107 square meters of land and 1,853 square meters of building area.
Foxconn Technology's (TPE:2354) subsidiary, FTC Display Technology, subscribed to around 11.6 million shares in FTC Display Technology at $1 apiece, totaling $11.6 million, according to a Monday filing with the Taiwan Exchange.The investment was funded by internal resources and lifts the unit's holding to about 17.6 million shares.
Foxconn Technology Co (TPE:2354) expects advanced autonomous driving technology to be adopted sooner than previously expected, according to a Nikkei report on Wednesday quoting Jun Seki, the company's chief strategy officer for electric vehicles.Seki told the news agency that there has been a sharp rise in the reliability of autonomous driving technology, which indicates that "Level 4" autonomous driving, which allows a vehicle to operate without a driver under specific conditions, is coming sooner than expected.He estimated that autonomous driving will become more affordable and reliable by 2030-2035, leading to more car companies offering such services, providing consumers with a wider range of choices, Nikkei said.The electronic devices manufacturer aims to strengthen its EV business and has been manufacturing EVs for Taiwanese automaker Yulon Motor since 2023.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
