Goertek Electronics Vietnam

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.

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%.