Hon Hai subsidiary agrees alliance as Hon Hai stock last traded at TWD 244.00
Published on 10/17/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAlliance and upcoming dates
- Lin Yin announced a strategic automotive alliance with Mitsubishi Electric on October 16, 2026.
- The share transfer price is expected to be JPY 115.00 billion.
- The next Xetra session is scheduled for October 19, 2026.
On October 16, 2026, Lin Yin International Investment Co., Ltd., an investment management subsidiary of Hon Hai Precision Industry, announced a strategic alliance with Mitsubishi Electric for the joint operation of an automotive equipment business. The company’s stock last traded at TWD 244.00 on October 16, 2026, according to structured finance data. The alliance was reported in an Hon Hai Technology Group release.
Market context: Latest market reports.
Weekend trading
The Lang & Schwarz page for October 16, 2026 showed a dormant quote record with a closing value of EUR 13.20. The structured finance quote for Hon Hai Precision Industry showed TWD 244.00 at 5:30 a.m. UTC on October 16, 2026, with the market marked closed. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Hon Hai stock.
Automotive equipment alliance
Under the agreement announced on October 16, 2026, Mitsubishi Electric will transfer 50 percent of its stake in Mitsubishi Electric Mobility Co., Ltd. to Lin Yin. The companies said the share transfer price is expected to be JPY 115.0 billion. The agreement assigns an enterprise value of JPY 320.0 billion and an equity value of JPY 230.0 billion to the target business. Completion is expected on October 1, 2027, subject to contractual conditions and regulatory approvals, according to the company release.
Dates ahead
The next Xetra session is scheduled for October 19, 2026. The announced share transfer is expected to be completed on October 1, 2027, subject to the stated conditions.
