Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

With Kaohsiung City gov to create smart metropolis

11th Apr 2023 07:00

RNS Number : 7130V
Hon Hai Precision Industry Co Ld
11 April 2023
 

Subject: Urban transformation for 100-year-old port city! Hon Hai and Kaohsiung City Government to create smart metropolis

Date of events:2023/04/09

Contents:

1.Date of occurrence of the event:2023/04/09

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

3.Relationship with the Company (please enter "the company itself" or

"subsidiaries"):the company itself

4.Reciprocal shareholding percentage: NA

5.Name of the reporting media: Press release of the Company

6.Content of the report:

Hon Hai announced today that it signed an investment letter of intent with the Kaohsiung City Government to jointly plan a comprehensive smart city solution. Hon Hai will act as a system integrator and organize a smart city alliance based on the smart city platform CityGPT. The Group will support all solution providers, accelerate the construction of urban digitalization and smart services to drive industrial innovation and improve government efficiency.

That in the next three years, in the Kaohsiung area, the Group will establish its southern Taiwan hub with EV-related manufacturing factories and an international research and training center, investing an estimated NT$25 billion and creating nearly 2,000 job opportunities locally.

7.Cause of occurrence: NA

8.Countermeasures:NA

9.Any other matters that need to be specified:

After the relevant investment details and amount are confirmed, the investment will be announced in accordance with regulations.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEADLNEFPDEEA

Related Shares:

Hon Hai Precsn
FTSE 100 Latest
Value8,275.66
Change0.00