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yesterday

Foxconn Halts Trading to Announce Data Center Partnership with TECO

Investors will receive official information on the data center collaboration before the trading halt is lifted

A person looks at their phone at Seattle–Tacoma International Airport on Sunday, June 1, 2025, in Seattle.
Hon Hai suspends stock trading pending announcement
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Overview

  • The Taiwan Stock Exchange suspended trading of Hon Hai shares starting July 30 pending the release of material information
  • Foxconn disclosed the pause relates to a joint venture with TECO Electric & Machinery focused on data center infrastructure
  • The company plans to apply for the resumption of share trading once it publishes full details of the partnership
  • Hon Hai is Apple’s largest manufacturing partner, making its strategic announcements critical to global supply chains
  • In 2025, Hon Hai committed $1.5 billion to expand iPhone production in India and engaged in talks with Nissan on electric-vehicle initiatives in Japan