Taiwan-based electronics giant Hon Hai Precision Industry (Foxconn) will invest $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings of Foxconn with the Taiwan Stock Exchange (TWSE) this week.
In Singapore, 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 per share, structured as a capital increase funded through private capital and classified as a long-term investment. Following the transaction, JUSDA International Limited holds 100% of JUSDA Singapore, with cumulative holdings of 47.21 million shares valued at $47.21 million.
In Mexico, JUSDA (Singapore) Pte Ltd. subscribed for newly issued shares in JUSDA Supply Chain Management Mexico, S.de R.L.de C.V. on June 22. The transaction totaled $27.97 million, structured as a capital increase funded through private capital and classified as a long-term investment. Following the transaction, JUSDA Singapore holds 99.9% of the Mexico entity and JUSDA International Limited holds the remaining 0.01%, for combined ownership of 99.91% and cumulative value of $44.30 million.
Foxconn did not provide more details on the connection between JUSDA (Singapore) Pte Ltd. and JUSDA International Limited, regarding the investments in Mexico and Singapore.
In India, Foxconn Singapore Pte Ltd. subscribed for newly issued shares in Foxconn Hon Hai Technology India Mega Development Private Limited on June 25. The transaction totaled $37.2 million for approximately 351.73 million shares at INR10 per share, structured as a capital increase funded through private capital and classified as a long-term investment.
Hon Hai’s FY2025 results showed revenue of NT$8.1 trillion ($254.7 billion), up more than 18 percent year-on-year and a record high. Operating income reached $8.15 billion and net profit after tax came to $5.96 billion, both also record highs.
By segment, revenue breaks down as Cloud and Networking 40 percent, Smart Consumer Electronics 38 percent, Computing Products 15 percent, and Components and Other 7 percent. The company spends over $3.1 billion annually on R&D, equivalent to 1.5–2 percent of revenue, focused on AI cooling, smart manufacturing automation, and EV components, alongside its “3+3+3” strategy covering digital health, semiconductors, and low Earth orbit satellites.
Foxconn to invest $407M in Singapore subsidiary for long-term purpose