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Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan

Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan

By Swedan Margen

Fashion

Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung headquarters in southern Taiwan.

That would include a mixed-use commercial and office building and a residential tower, it said. Construction is scheduled to start in 2027, with completion targeted for 2033.

Foxconn said the headquarters will serve as an important hub linking its operations across southern Taiwan, and once completed will house its smart-city team, software R&D teams, battery-cell R&D teams, EV technology development centre and AI application software teams.

The Kaohsiung city government said Foxconn’s investments in the city have totalled US$801.8 million over the past three years. REUTERS

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan | Grazia British