Foxconn Plans Additional $91.6 M Investment in Singapore, India, and Mexico

Hon Hai Precision Industry (Foxconn), a Taiwan-based electronics behemoth, would spend $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings made with the Taiwan Stock Exchange (TWSE) this week.

JUSDA International Limited subscribed for newly issued shares in JUSDA (Singapore) Pte Ltd. on June 22. The transaction totaled $26.47 million for 26.47 million shares at $1 each, was organized as a capital increase supported by private cash, and was classed as a long-term investment. Following the purchase, JUSDA International Limited owns 100% of JUSDA Singapore, with a total holding of 47.21 million shares worth $47.21 million.

JUSDA (Singapore) Pte Ltd. purchased freshly issued shares in JUSDA Supply Chain Management Mexico, S.de R.L.de C.V. on June 22. The transaction was $27.97 million in value, organized as a capital increase funded by private capital, and designated as a long-term investment. Following the acquisition, JUSDA Singapore owns 99.9% of the Mexico firm, while JUSDA International Limited owns the remaining 0.01%, for a combined ownership of 99.91% and a total value of $44.30 million.

Foxconn did not disclose any additional information about the relationship between JUSDA (Singapore) Pte Ltd. and JUSDA International Limited and their investments in Mexico and Singapore.

Foxconn Singapore Pte Ltd. subscribed for freshly issued shares of Foxconn Hon Hai Technology India Mega Development Private Limited on June 25. The deal was $37.2 million for roughly 351.73 million shares at INR10 per share, structured as a capital increase funded by private capital and designated as a long-term investment.

Hon Hai’s FY2025 statistics indicated sales of NT$8.1 trillion ($254.7 billion), up more than 18% year on year and a record high. Operating income reached $8.15 billion, while net profit after tax was $5.96 billion, both new highs.

Revenue is divided into four segments: cloud and networking (40%), smart consumer electronics (38%), computing products (15%), and components and other (7%). The firm invests more than $3.1 billion per year on R&D, or 1.5-2 percent of turnover, with an emphasis on AI cooling, smart manufacturing automation, and EV components, as well as its “3+3+3” strategy, which includes digital health, semiconductors, and low Earth orbit satellites.