Explain media reporting

Subject: Explain media reporting

Contents:

1.Date of occurrence of the event:2016/12/07

2.Company name: Hon Hai Precision Ind. Co. Ltd

3.Name of the reporting media: cnYES

4.Content of the report:

Softbank to Invest $50 Billion in the U.S. to create 50,000 new

Tech Jobs , Foxconn could be planning to invest $7 billion in the

U.S. to create 50,000 jobs.

5.Countermeasures:

We can confirm that we are in preliminary discussions regarding a potential investment that would represent an expansion of our current US operations. While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant US officials. Those plans would be made based on mutually-agreed terms.