Foxconn acquires 100% of Goertek Electronics Vietnam

Foxconn Interconnect Technology (FIT), through its subsidiary New Wing Interconnect Technology (Bac Giang), acquired Goertek Electronics Vietnam, a subsidiary of China's Goertek. New Wing will inject $50 million into the joint venture, holding a 25% stake, with another FIT entity holding 75%.

“Taiwan’s Foxconn Interconnect Technology (FIT) has acquired Goertek Electronics Vietnam under Chinese electronics giant Goertek, subject to approval of relevant regulatory authorities.”theinvestor.vn

• 2 sources
• theinvestor.vnTaiwan’s Foxconn acquires Vietnam unit of China’s Goertektheinvestor.vnFeb 22, 2025
• english.vov.vnTaiwanese tech giant Foxconn expands production scale in VietnamVOVFeb 24, 2025

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