Taiwan’s Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.
In a filing with the Taiwan Stock Exchange (TWSE) on Thursday, Foxconn said its Singapore entity Ingrasys (Singapore) Pte. Ltd. will commit the additional $287.1 million investment via obtaining shares of Fulian Precision Technology Component. Following the transaction, Foxconn’s total investment in the unit will rise to approximately $668 million, while maintaining 100 percent ownership.
Foxconn said the investment would serve as a “long term investment” decided by the board of director.
A similar was made in October 2025 when Ingrasys (Singapore) Pte. Ltd. obtained shares of Fulian Precision Technology Component for a transaction of $16.2 million. The shareholding percentage of after the transaction was 100 percent as well.
Fulian Precision Technology is headquartered in Quang Chau Industrial Park in former Bac Giang province, northern Vietnam. Bac Giang is now merged into the neighboring province of Bac Ninh. The company primarily manufactures communications equipment, network cards, switches, digital receivers, display cards, memory modules, routers, Wi-Fi access points, base station equipment, sensors, and others.