Hon Hai Precision Industry Co., Ltd.

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.

Foxconn (Hon Hai Precision Industry) and ADLINK Technology formed a joint venture to develop autonomous mobile robots (AMR), with Foxconn holding 51% and ADLINK 49%. The company is expected to begin operations in Q3 2020.

Foxconn (Hon Hai Precision Industry) will build a high-end semiconductor chip manufacturing and testing plant in Qingdao, Shandong province, with joint funding from the local government. Construction starts in 2020, production in 2021, full capacity by 2025.

Yulon Group and Hon Hai Precision Industry (Foxconn) announced a preliminary agreement to form a joint venture for developing and producing EV drive systems and electronic/chassis products. HAITEC will take a 49% stake and contribute NT$7.6bn in assets and technology, while Hon Hai will take 51% and invest NT$7.9bn in cash.

Hon Hai Precision (Foxconn) plans to break ground in 2020 on a $9 billion 300mm chip fab in Zhuhai, China, to make chipsets for ultra high-definition TVs and CMOS image sensors. The majority of the cost will be subsidized by the city of Zhuhai.

FIT Hon Teng Limited, a subsidiary of Foxconn, has completed its acquisition of Belkin International for approximately $850 million after CFIUS clearance.

Hon Hai Precision Industry (Foxconn) reached an agreement with the Nanjing municipal government to invest USD5.77 billion in a smartphone factory, LCD TV factory, research and production center, and semiconductor equipment logistics center.

Foxconn and Rockwell Automation announced a collaboration to implement Connected Enterprise and IIoT solutions for smart manufacturing at Foxconn's new U.S. facilities and global electronics assembly operations.