On June 2, Foxconn (2317) announced that its subsidiary, Hongqi International Investment Co., Ltd., has invested $36.5 million (approximately NT$1.117 billion) to acquire a 50% stake in Foxconn II Factories, LLC for long-term investment purposes.

Foxconn Chairman Liu Yangwei has previously indicated that the company plans to increase production collaborations with U.S. customers. Analysts suggest that this investment may be related to Foxconn's plans to expand its presence in North America. Foxconn operates a total of 233 factories and offices worldwide, located in 24 countries, including production sites in Wisconsin, California, Ohio, and Texas.

Liu stressed that global operations are key to maximizing synergies based on strategic direction, customer requirements, and product planning while also helping to mitigate geopolitical risks. This year, Foxconn will continue to focus on smart manufacturing, smart electric vehicles, and smart city platforms. Facing tariff uncertainties, Foxconn will actively diversify production locations to avoid over-reliance on a single area and work closely with customers to address cost pressures.