Acquiring Company
Foxconn (Hon Hai)
Acquired Company
Mitsubishi Electric
Description
Hon Hai Precision Industry Co Ltd has announced the acquisition of shares in Mitsubishi Electric Mobility Corporation. A total of 503 shares are being acquired at a price not exceeding JPY 115 billion. This transaction is crucial as it signifies Hon Hai's investments in mobility technology. The deal is subject to regulatory approvals and other conditions.
Quick answer
Foxconn (Hon Hai) is acquiring Mitsubishi Electric, announced October 16, 2026. Foxconn (Hon Hai) is based in Taiwan.
- How much did Foxconn (Hon Hai) pay for Mitsubishi Electric?
- The deal value was not disclosed.
- What does Foxconn (Hon Hai) do?
- Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading technology manufacturer primarily engaged in the production of electronics and components.
- Where are Foxconn (Hon Hai) and Mitsubishi Electric based?
- Foxconn (Hon Hai) is based in Taiwan. Mitsubishi Electric is based in Chiyoda, Tokyo, Japan.
Source: Fundz verified event record.
Other recent acquisitions in Electronics and Energy
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- Applied Materials Acquires Additional Shares in BE Semiconductor Industries (October 26, 2026)
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- Stryten Energy acquires C&D Trojan for battery leadership (October 2, 2026)
- Aureus Greenway to merge with Powerus by Oct. 1 (September 30, 2026)
- SK Innovation absorbs SKIET in strategic merger (September 15, 2026)
- Hyundai HPS acquires NEM Energy for growth (September 10, 2026)
Who to call at Foxconn (Hon Hai), and when
When Foxconn (Hon Hai) changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Mitsubishi Electric?
Mitsubishi Electric was acquired by Foxconn (Hon Hai), based in Taiwan. The deal was reported on October 16, 2026. Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading technology manufacturer primarily engaged in the production of electronics and components. Foxconn (Hon Hai) is privately held and operates in Manufacturing.
When did Foxconn (Hon Hai) acquire Mitsubishi Electric?
Foxconn (Hon Hai)'s acquisition of Mitsubishi Electric was reported on October 16, 2026. Hon Hai Precision Industry Co Ltd has announced the acquisition of shares in Mitsubishi Electric Mobility Corporation. A total of 503 shares are being acquired at a price not exceeding JPY 115 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mitsubishi Electric do?
Mitsubishi Electric Corporation is a global leader in the manufacturing and sales of electric and electronic equipment used in information processing and communications. It is privately held, operating in Manufacturing, and is based in Chiyoda.
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