Hon Hai secured JPY 115 billion auto deal. Hon Hai stock trades at EUR 13.30

Published on 10/22/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Foxconn will pay JPY 115.00 billion for a 50 percent stake. Hon Hai stock costs EUR 13.30 on October 22, 2026 before the Xetra session.

Revenue and automotive expansion

Hon Hai agreed to pay JPY 115.00 billion for 50 percent of Mitsubishi Electric Mobility on October 16, 2026.
Third-quarter 2026 revenue reached TWD 3.03 trillion, up 47.12 percent year over year.
Hon Hai stock trades at EUR 13.30 at 9:11 a.m. CEST at Lang & Schwarz on October 22, 2026.
Full third-quarter results are scheduled for November 12, 2026.

Hon Hai (Foxconn), US4380908057, Illustration mit AI erstellt.

Hon Hai Precision Industry (ISIN US4380908057) agreed to pay JPY 115.00 billion for a 50 percent stake in Mitsubishi Electric Mobility on October 16, 2026, according to Foxconn. Hon Hai stock was trading at EUR 13.30 at Lang & Schwarz on October 22, 2026 at 9:11 a.m. CEST.

A 50 percent automotive stake

The transaction gives Hon Hai and Mitsubishi Electric joint ownership of Mitsubishi Electric Mobility, the Japanese group's automotive equipment business. The agreement values the target at JPY 230.00 billion in equity and JPY 320.00 billion in enterprise value, while completion is expected on October 1, 2027, subject to regulatory approvals, Foxconn said.

What follows from the deal?

The automotive move adds a quantified expansion path beside Hon Hai's core electronics manufacturing business. The purchase price equals 50.00 percent of the stated JPY 230.00 billion equity value, giving the announcement a clear capital allocation measure rather than only a strategic label.

Revenue sets a high bar

Hon Hai's unaudited third-quarter 2026 revenue reached TWD 3.03 trillion, up 47.12 percent from the same period a year earlier and 20.44 percent from the second quarter, according to Gadget Scout. September revenue alone rose to TWD 1.16 trillion, up 38.42 percent year over year, with cloud and networking products among the reported growth drivers.

Three dated steps since October 5

On October 5, 2026, Hon Hai reported third-quarter revenue of TWD 3.03 trillion. On October 16, 2026, it agreed the JPY 115.00 billion automotive transaction. On October 22, 2026, the Lang & Schwarz quote showed EUR 13.30 at 9:11 a.m. CEST.

Dates that frame the story

The Daily Star reported that Hon Hai will publish full third-quarter earnings on November 12, 2026. The Mitsubishi Electric Mobility transaction is expected to close on October 1, 2027, according to Foxconn.

Stock price before Xetra

For investors, the next test is whether the automotive alliance can develop into measurable business alongside the recent revenue acceleration. The current euro indication places the stock at EUR 13.30 in the pre-market phase.

Hon Hai stock was trading at EUR 13.30 at Lang & Schwarz on October 22, 2026 at 9:11 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Hon Hai stock.