• 11/11/2024

Hon Hai acquires stake in China firm to boost EV development

Taipei, Aug. 9 (CNA) Taiwan manufacturing giant Hon Hai Precision Industry Co. has acquired a stake in a China-based material supplier, with market analysts saying the move was likely to help boost the company’s use of high-end aluminum alloys in its development and production of electric vehicles.

https://focustaiwan.tw/business/202308090011