Hon Hai Precision Industry Co., Ltd. significantly increased capital for its subsidiary to comprehensively enhance AI and iPhone production capacity!
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Hon Hai Precision Industry Co., Ltd. (2317-TW) announced a capital increase of approximately 26.4 billion New Taiwan Dollars to strengthen capacity in AI servers and areas such as iPhones. The capital increase will be made to subsidiaries in the United States, Germany, Mexico, and India, including investments in the subsidiary of Cloud Network Technology and other related enterprises. Meanwhile, affected by recent bearish market factors, Hon Hai's stock price experienced a sharp decline, but has rebounded recently. Currently, the stock price is around 180 NTD, up nearly 12% from before
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