Hon Hai agrees JPY 115 billion alliance: Hon Hai stock trades at EUR 13.35

Published on 10/26/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached TWD 3.03 trillion after a 47.12 percent annual increase. Hon Hai stock costs EUR 13.35 on October 26, 2026.

Automotive alliance and growth

Hon Hai agreed to pay JPY 115.00 billion for a 50 percent stake on October 16, 2026.
Third-quarter revenue reached TWD 3.03 trillion after a 47.12 percent annual increase in 2026.
Hon Hai stock traded at EUR 13.35 at 9:30 a.m. CEST on October 26, 2026.

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

Hon Hai (Foxconn) (ISIN US4380908057) was trading at EUR 13.35 at Lang & Schwarz on October 26, 2026 at 9:30 a.m. CEST. On October 16, 2026, the company agreed to pay JPY 115.00 billion for a 50 percent stake in Mitsubishi Electric Mobility, according to Hon Hai.

Automotive expansion gets a price tag

The transaction gives Hon Hai a joint operating role in Mitsubishi Electric's automotive equipment business. The agreement values the target at JPY 320.00 billion on an enterprise-value basis and JPY 230.00 billion on an equity-value basis, while completion is expected on October 1, 2027, subject to regulatory approvals.

Mitsubishi Electric said the venture will combine electric powertrain, software and vehicle-control capabilities with Hon Hai's manufacturing scale. The move broadens Foxconn's automotive strategy beyond contract electronics and adds a dated execution milestone for investors.

What does the revenue surge mean?

Hon Hai's unaudited third-quarter revenue reached TWD 3.03 trillion, up 47.12 percent from the same quarter a year earlier and above the TWD 2.83 trillion estimate cited by The Daily Star. The report said cloud and networking products, including AI-related infrastructure, supported the increase.

Three dated steps for Foxconn

On October 5, 2026, Hon Hai reported September revenue of TWD 1.16 trillion through its official monthly revenue release, up 38.42 percent year over year, according to Hon Hai. On October 16, 2026, it formalized the JPY 115.00 billion automotive alliance. On October 26, 2026, the stock stood at EUR 13.35 at Lang & Schwarz.

Hon Hai is scheduled to report its full third-quarter results on November 12, 2026, according to The Daily Star. The Mitsubishi Electric Mobility transaction is expected to complete on October 1, 2027, if the contractual and regulatory conditions are met.

Stock price and upcoming milestones

For investors, the immediate question is whether the automotive alliance can develop into a material business alongside the company's fast-growing AI infrastructure sales. Hon Hai was trading at EUR 13.35 at Lang & Schwarz on October 26, 2026 at 9:30 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Hon Hai (Foxconn) stock.