Hon Hai agrees JPY 115.0 billion alliance. Hon Hai stock is valued at TWD 3.5 trillion

Published on 10/21/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The alliance covers a 50 percent stake in Mitsubishi Electric Mobility. For Hon Hai stock, the deal carries a JPY 230.0 billion equity value.

Alliance and quarterly growth

Hon Hai agreed to transfer 50 percent of Mitsubishi Electric Mobility on October 16, 2026.
Third-quarter revenue reached TWD 3.03 trillion, up 47.00 percent year over year.
Hon Hai stock was last at TWD 250.00 at 1:30 p.m. Taiwan time on October 21, 2026.

Hon Hai (Foxconn), US4380908057, Illustration mit AI erstellt.

Hon Hai (Foxconn) (ISIN US4380908057) agreed on October 16, 2026, to acquire a 50 percent stake in Mitsubishi Electric Mobility for an expected JPY 115.0 billion. The agreement with Mitsubishi Electric was reported by Hon Hai Technology Group.

The transaction gives the target business an enterprise value of JPY 320.0 billion and an equity value of JPY 230.0 billion. Completion is expected on October 1, 2027, subject to regulatory approvals. For investors, the deal adds an automotive platform to a group whose latest sales momentum is concentrated in artificial intelligence infrastructure.

Three dated operating signals

Hon Hai reported revenue of TWD 2.53 trillion for the second quarter of 2026 on August 12, up 41.00 percent year over year, according to Hon Hai Technology Group. On October 5, September revenue reached TWD 1,158.6 billion, up 38.42 percent year over year, according to the company release at Foxconn. The October 16 automotive alliance was the latest dated event.

What does the alliance add?

The 50 percent stake combines Mitsubishi Electric Mobility's electric powertrain, software and vehicle-control capabilities with Hon Hai's manufacturing scale. The JPY 115.0 billion transfer price corresponds to half of the target's JPY 230.0 billion equity value, while the JPY 320.0 billion enterprise value includes the broader business valuation. The arrangement is planned to become effective in October 2027 after required approvals.

Revenue growth meets key dates

Reuters reported through The Daily Star that third-quarter revenue reached TWD 3.03 trillion, up 47.00 percent year over year and above an LSEG estimate of TWD 2.83 trillion. The same report said full third-quarter earnings are scheduled for November 12, 2026. Hon Hai Tech Day is scheduled for October 30-31, 2026, according to the company's second-quarter release.

On TWSE, Hon Hai stock was last at TWD 250.00 on October 21, 2026 at 1:30 p.m. Taiwan time. The finance snapshot put market capitalization at TWD 3.5 trillion and the 52-week range at TWD 187.50 to TWD 314.00, both as of October 21, 2026. The operating picture is expanding faster than the stock's valuation context can be assessed from the Taiwan quotation alone.

Alliance sets the next operating test

The October agreement broadens Hon Hai's electric-vehicle strategy, while the November earnings date will provide the next full profitability check after the TWD 3.03 trillion third-quarter revenue figure.

The further course of trading is shown by the continuously updated real-time quote of Hon Hai stock.