Foxconn Invests $2.2 Billion in the U.S. and India, Approved by Taiwan's Investment Commission

Taiwan's Ministry of Economic Affairs Investment Commission announced today (24th) the approval of five major investment projects, including two by Foxconn in the U.S. and India, with a total investment amount reaching $22.24 billion. The Commission detailed the approved investment projects as follows:
- Chinese Capital Investments: Hongkong-based such as Heji (Hong Kong) Holdings Co., Ltd. has applied to increase its operational funds in its Taiwan branch by NT$97,069,500 to engage in the sale, maintenance, and after-sales service of American-made tumor radiotherapy equipment.
- Listed Companies' Foreign Investments:
- Cathay United Bank has applied for a $160 million increase in funding for its Ho Chi Minh City branch in Vietnam to focus on credit business.
- Foxconn has applied for an additional $1.489 billion investment in Foxconn Singapore PTE LTD to reinvest into its Indian subsidiary YUZHAN TECHNOLOGY (INDIA) PRIVATE LIMITED for the establishment of a new L5 component factory in India.
- Foxconn will also invest $735 million from its own funds to establish PROJECT ETA (DE) LLC in the U.S., focusing on modular data centers and server assembly manufacturing.
- Investments in China: AUO Smart Mobility Co., Ltd. has applied for a $20 million investment (approximately ¥144 million) in AUO Smart Mobility Systems (Xiamen) Co., Ltd. to engage in manufacturing vehicle display components and automotive parts.
《民視新聞網》 reminds investors to carefully assess risks and take responsibility for investment outcomes.