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Hon Hai and Adlink form robotic venture FARobot · Endata

◂ Announcements

Sep 24, 2020ACQUISITIONNew Taipei City's Jhonghe District, TWN

Hon Hai and Adlink form robotic venture FARobot

Hon Hai Precision Industry Co and Adlink Technology Inc formed a joint venture, FARobot, to develop autonomous mobile robots. Hon Hai holds a 51% stake and Adlink 49%, with NT$200 million (US$6.82 million) in capital.

Value

$6.82M (200.0M TWD)

Status

Announced

Productsautonomous mobile robots

CompaniesHon Hai Precision Industry Co., Ltd. acquirer ADLINK Technology acquirer FARobot target

Sectors#Automation and Robotics

“Together, the two companies put up NT$200 million (US$6.82 million) in capital for the new venture, which opened its doors on Wednesday.”taipeitimes.com

1 source
taipeitimes.comHon Hai, Adlink form robotic venture - Taipei TimesSep 24, 2020

Summarized from public sources; check the original articles before acting on it.

More from Hon Hai Precision Industry Co., Ltd.

Aug 24, 2021ACQUISITION$80.0M
Hon Hai and Stellantis agree to $80 million joint venture
Stellantis partner Hon Hai Precision Industry Co., Ltd. partner focustaiwan.tw
Aug 24, 2021PARTNERSHIP
Stellantis and Foxconn form joint venture Mobile Drive for cockpit solutions
Stellantis partner Hon Hai Precision Industry Co., Ltd. partner elektroniknet.de
Jun 1, 2020PARTNERSHIPTWN
Foxconn and ADLINK form joint venture for autonomous mobile robots
Hon Hai Precision Industry Co., Ltd. partner ADLINK Technology partner bnext.com.tw
Apr 16, 2020NEW FACILITYQingdao, Shandong, Chinaops 2021
Foxconn to build chip plant in Qingdao, China
Hon Hai Precision Industry Co., Ltd.yicaiglobal.com
Feb 11, 2020PARTNERSHIPTWN$15.5M
Yulon and Foxconn to form EV drive systems joint venture
Hon Hai Precision Industry Co., Ltd. partner Yulon Group partner just-auto.com
Dec 28, 2018NEW FACILITYZhuhai, China$9.00Bops 2020
Foxconn to build $9B 300mm chip fab in Zhuhai, China
Hon Hai Precision Industry Co., Ltd.eetasia.com

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