Hon Hai invested NT$1 billion to purchase land, planning to develop optical communications and ultra-precision mold forming businesses.

On the evening of August 12, Hon Hai held a significant message briefing to announce that its board of directors approved the acquisition of certain land and structures located on Zhongshan Road in the Tucheng District of New Taipei City from Xin Hong International Investment, with a transaction amount of NT$1 billion. The company will comprehensively plan the development direction of its related businesses, including optical communication, ultra-precision molds, and precision forming. Hon Hai explained that the seller, Guo Taiqiang, the head of Xin Hong International Investment, has a blood relation with Hon Hai's major shareholder, Guo Taiming, and in accordance with regulations, this transaction is classified as a related party transaction.