Foxconn Halts Share Trading Ahead of Material Information Disclosure

Foxconn halts share trading ahead of material information disclosure

The Taiwan Stock Exchange (TWSE) has issued a press release confirming that trading in shares of Hon Hai Precision Industry Co., Ltd. (better known internationally as Foxconn) will be suspended starting July 30, 2025. Here’s why the timing is interesting. Update: The reason was a partnership with TECO Electric & Machinery geared to data centers. more…

Foxconn Partners with TECO for AI Data Center Expansion

Foxconn’s Strategic Pivot to AI In a bold move underscoring the escalating race in artificial intelligence, Foxconn Technology Group, the longtime manufacturing powerhouse behind Apple’s iPhones, is channeling significant resources into AI infrastructure. The company, formally known as Hon Hai Precision Industry Co., has announced a partnership with Taiwan’s TECO Electric & Machinery Co. to develop comprehensive solutions for constructing advanc…

TECO Electric & Machinery and Hon Hai Technology Group Announce Strategic Alliance Targeting AI Data Center Capabilities

TECO Electric & Machinery Co Ltd ("TECO") and Hon Hai Technology Group ("Foxconn") held a major press conference today (30th) at the Taiwan Stock Exchange to announce a strategic alliance through a board-approved share exchange. This partnership combines TECO's strengths in electromechanical systems with Foxconn's expertise in ICT to seize the global trend of AI data center development toward standardization and modularization, jointly tapping i…