Taiwan’s Foxconn to invest additional $265 M in Vietnam, $57 M in Singapore
According to filings with the Taiwan Stock Exchange (TWSE) dated August 12–18, Hon Hai Precision Industry (also known as Foxconn) of Taiwan will invest an additional $265 million in its manufacturing operations in Vietnam and an additional $57 million in Singapore.
The documents state that “long term investment” is the reason for the relocation. According to Foxconn, the extra investments take the form of “capital increase of subsidiary” through the subscription of new shares.
According to an August 12 filing, Competition Team Technology (Vietnam) Company Limited received $117 million, which was the largest part of the Vietnam portion. After the deal, Foxconn Singapore Pte Ltd now owns 38.45 percent of the company, while Hon Hai Precision Industry now owns 61.55 percent.
Among other electrical products, Competition Team Technology (Vietnam) is well-known for producing TVs and their components.
A second investment of $114 million was made to Foxconn EV Energy & Component (Vietnam) Co., Ltd., a subsidiary involved in the production of electric vehicle energy and components, according to another filing on August 12. Foxconn Singapore owns 76.47 percent of the corporation, whereas Hon Hai directly owns 23.53 percent.
On August 12, Foxconn reported in another filing that FuKang Technology Company Limited, a Foxconn manufacturing facility in Vietnam, had seen a third capital increase of NT$1.048 billion ($33 million). At the time of that filing, Foxconn Singapore owned 95.66 percent of the company, while Hon Hai directly owned 4.34 percent. Among other technological products, FuKang Technology produces tablets for Apple.
Additionally, on August 12, Foxconn authorized a $57 million capital increase in eCMMS Precision Singapore Pte. Ltd., a wholly-owned subsidiary in Singapore.
Foxconn revealed that Foxconn Singapore had acquired more shares in FuKang Technology in a deal worth $358.4 million in a later filing dated August 18, 2026. The deal will take place between October 2025 and August 2026. After the deal, Foxconn Singapore now owns all of FuKang Technology, totaling $710.4 million.
Since 2007, Foxconn has made investments in Vietnam. Soon, the entire investment may amount to $5 billion.
