Hon Hai 24 announcement said the issue will restart limit of 10 billion (about NTD 320 million) overseas unsecured convertible bonds (ECB), the Board also finalized the day held in Chengdu, Sichuan and Henan Zhengzhou on both new investment projects.
Hon Hai announcement shows, as set-top boxes, tablet PCs, mobile phones and other capacity requirements, investment Fu Tai Wah Precision Electronic (Chengdu) 1200 million U.S. dollars, Hong Fujin Precision Electronic (Chengdu) 20,000,000 U.S. dollars, Hong Fujin Precision Electronics (Zhengzhou) 2000 million, Fu Tai Precision Electronics China (Zhengzhou) 12 million U.S. dollars.
Hon Hai spokesman, said the small chi an, Hon Hai of this investment are the first investment in the two areas, the Board will be sent to the MOEA Investment Commission of Taiwan Province will audit process.
Currently Hon Hai factory in Shenzhen, China, the relocation of investment plans have been gradually formed, in addition to the new phone coming to the surface of Zhengzhou main attack and locked the Chinese domestic market, due to geographical distance and near Langfang plant, the second largest mobile phone plant can occur complementary effect. In addition, very close to Chengdu, Chongqing, because of distance, exports to the European market, convenient transportation and triple play, therefore locking tablet PC-based set-top box market, is said to Hewlett-Packard and Sony, the main customer oriented. In addition, the build in the factory, in addition to a higher technical level will remain Apple’s assembly line in Shenzhen, the other inside the plant will gradually shift, which will be moved to the PCB plant in Qinhuangdao, photoelectric move Jincheng, games fall Yantai, mobile phone production in Langfang, the Internet is the focus of the election settled in Chongqing.
Hon Hai yesterday the case of foreign investment increased five, for a total investment 88.08 million U.S. dollars (about 2.8 billion yuan NT), in addition to increased investment subsidiary of the British Virgin Islands Margini Holdings Limited shares to one U.S. dollar per share, to buy 24.08 million Unit, spent 24.08 million U.S. dollars, the increase of the scale of overseas investment company, the other is to increase both in Zhengzhou, Henan and Sichuan Chengdu investment proposals.
In addition, Hon Hai outside Chongqing in Sichuan, but also the other to explore new locations in Chengdu, the case for the 32 million U.S. dollars investment, it is learned stationed in Chengdu, mainly because of Chengdu Chongqing better investment to provide more incentives to attract Foxconn entered, the next panel assembly will gradually move to the local development.
Hon Hai toward convergence as the future market development, strategic settled, Chongqing will become the center for the development of digital set-top boxes, LCD TV plans for the future with the development trend of becoming the best internet TV production center, in addition, HP computers, tablet PCs have orders will be located in Chengdu, production, main sales markets are in Europe.
Yesterday, the ECB issued by Foxconn board terms to one billion U.S. dollars for the issuance cap, issued during the three years, the issue of zero interest rates, while the ECB is expected to release just revoked during the period of five years.
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