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Hon Hai plans NT$6bn battery cell unit – Taipei Times

June 16, 2022
Source: taipeitimes.com taipeitimes.com
News Snapshot:
Hon Hai Precision Industry Co (????) plans to invest NT$6 billion (US$201.75 million) in building a battery cell center in Kaohsiung, the major iPhone maker said yesterday. The investment reflects the company’s efforts to develop a comprehensive battery supply chain in the southern port city and marks its latest move to deepen its presence in the global electric vehicle (EV) supply chain. The battery cell center — which would house research and development, as well as production — would be in the city’s Ho Fa Industrial Park (??????) and is expected to start mass production in the first quarter of...
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