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The Latest Breaking News from Hon Hai

Hon Hai to direct 2026 capital expenditure toward global AI expansion

Taiwan-based Hon Hai Precision Industry Co. announced that its capital expenditure for 2026 will focus on expanding artificial intelligence production, while allocating funds to strengthen global research and development as well as manufacturing operations, particularly in the United States, according to a news report by Focus Taiwan.

The Economic Times

'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

International Business Times UK

Taiwanese company showcases new electric vehicle and coffee-making humanoid robot

Hon Hai, the Taiwanese manufacturing giant best known globally as Foxconn, has unveiled a new electric vehicle and set out its ambitions in artificial intelligence at its annual technology showcase in Taipei.

Euronews

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Apple's first foldable phone is set for 2026 and UBS thinks it may be as cheap as $1,800. Here's what else to know

Initial production is expected to be limited, with estimates ranging from 10 million to 15 million units for the first wave.

Fortune

Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

Foxtron, a joint venture of Taiwan's iPhone manufacturer Hon Hai Precision Industry and Yulon Motor Co., has agreed with Mitsubishi Motors of Japan to develop an electric vehicle to be sold in Australia and New Zealand

The Independent UK

China rattles foreign firms again with arrests, Foxconn probe

BEIJING: Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests across industries and an investigation into Foxconn Technology Group, Apple Inc’s most important partner and one of the largest employers in China.

The Times of India

Apple Supplier Foxconn Weathers It All To Report Highest Quarterly Profit In 8 Years

Apple, Inc. (NASDAQ: AAPL)'s iPhone assembler Hon Hai Precision Industry Co., Ltd.

Benzinga

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This Apple Supplier Is Said To Be Planning A $9B Factory In Saudi Arabia To Make Chips, EV Parts

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co Ltd’s (OTC: HNHPF) is in talks with Saudi Arabia to jointly build a $9 billion multipurpose facility, The Wall Street Journa

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