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Hon Hai acquires 25% stake in Goertek Electronics Vietnam for $50 million · Endata

◂ Announcements

Feb 22, 2025ACQUISITIONBac Ninh, Vietnam

Hon Hai acquires 25% stake in Goertek Electronics Vietnam for $50 million

Hon Hai Precision Industry Co. Ltd., through its subsidiary New Wing Interconnect Technology (Bac Giang), acquired a 25% equity stake in Goertek Electronics Vietnam Co. Ltd for $50 million, subject to regulatory approvals.

Value

$50.0M

Status

Announced

Productsacoustic precision componentssmart hardwareearphonesearphone chargerssmartwatches

CompaniesHon Hai Precision Industry Co., Ltd. acquirer Goertek Electronics Vietnam target

Sectors#Semiconductors and Industrial Electronics

“Hon Hai Precision Industry Co. Ltd., through its subsidiary New Wing Interconnect Technology (Bac Giang) Co., Ltd., announced on February 21 that it has acquired a 25 per cent equity stake in Goertek Electronics Vietnam Co. Ltd for $50 million.”vir.com.vn

1 source
vir.com.vnHon Hai scoops up 25 per cent stake in Goertek Electronics VietnamThanh Van Vietnam Investment ReviewFeb 22, 2025

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

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