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Posted by
Two Blokes Jul 30 -
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Key markets get boost in new shares exchange TAIPEI , July 30, 2025 /PRNewswire/ -- Hon Hai Technology Group ("Foxconn") (TWSE:2317) and TECO Electric & Machinery Co Ltd Ltd ("TECO") on Wednesday announced a share exchange, strategic alliance that will strengthen their AI infrastructure capabilities and propel the two Taiwanese tech majors into key markets in the global super-computing race. The move brings together the strengths of Foxconn, the world's largest electronics manufacturing service provider and AI server producer, and TECO, a leader in industrial electro-mechanical engineering and green energy innovation.
