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Google to buy stake in Hon Hai unit

Google has agreed to acquire a stake in Ennoconn Corp (樺漢科技), an industrial computer subsidiary of Hon Hai Precision Industry Co (鴻海精密), at a time when the global tech sector has set its sights on opportunities resulting from the metaverse concept.
Ennoconn said in a statement on Tuesday that a board meeting decided to offer Google a 4.6 percent stake the third-largest of an institutional investor via private placement.
Analysts have said that Ennoconn’s product line of servers and gadgets used for 5G applications, data centers and the Internet of Things leaves it well positioned to profit from the so-called ....

T Ai Pei , United States , Mountain View , Mark Zuckerberg , Mediatek Inc , Fubon Life Insurance Co , Hon Hai Precision Industry Co , Meta Platforms Inc , Technologies Inc , Foxconn Technology Group , Ennoconn Corp , Foxconn Industrial Internet Co , Bao Shin International Investment Co , Hon Hai , Google Cloud , The Taipei Times ,

Hon Hai reports record sales for 2021

Taipei, Jan. 5 (CNA) Hon Hai Precision Industry Co., the world's largest contract electronics maker, reported record-high sales for 2021 Wednesday, representing an over 10 percent year-over-year increase, on the back of a strong showing for consumer smart devices. ....

T Ai Pei , United States , Frances Huang , Chung Jung Feng , Mark Zuckerberg , Hon Hai Precision Industry Co , Google Inc , Ennoconn Corp , Bao Shin International Investment Co , Foxconn Industrial Internet Co , Hon Hai , Bao Shin International Investment , Daniel Ives ,