Foxconn (2317) Announces 127.7 Billion INR Additional Investment in Indian Subsidiary Yuzhan Technology
Foxconn (2317) has decided to invest a total of approximately 127.7 billion INR into its Indian subsidiary, Yuzhan Technology (India), through equity purchase, cash capital increase, and debt-to-equity swap. This is part of a long-term investment strategy.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 23, 2026 at 07:57 (1h 25m after Collected)
Announcement Date: May 22, 2026
Company Code: 2317
Company Name: Foxconn
Subject: Supplementary announcement (May 19, 2025) regarding the investment by subsidiary Foxconn Singapore Pte Ltd in Yuzhan Technology (India).
1. Subject: Yuzhan Technology (India) Private Limited (Common Shares)
2. Investment Details:
(1) Equity purchase: 9,999 shares (99,990 INR)
(2) Cash capital increase: Approx. 10.87 billion shares (108.735 billion INR)
(3) Debt-to-equity swap: 1.9 billion shares (19 billion INR)
Total Investment Amount: Approx. 127.735 billion INR
3. Purpose: Long-term investment.
4. Shareholding Status: After the transaction, Foxconn Singapore Pte Ltd holds a 99.99999999% stake.
Company Code: 2317
Company Name: Foxconn
Subject: Supplementary announcement (May 19, 2025) regarding the investment by subsidiary Foxconn Singapore Pte Ltd in Yuzhan Technology (India).
1. Subject: Yuzhan Technology (India) Private Limited (Common Shares)
2. Investment Details:
(1) Equity purchase: 9,999 shares (99,990 INR)
(2) Cash capital increase: Approx. 10.87 billion shares (108.735 billion INR)
(3) Debt-to-equity swap: 1.9 billion shares (19 billion INR)
Total Investment Amount: Approx. 127.735 billion INR
3. Purpose: Long-term investment.
4. Shareholding Status: After the transaction, Foxconn Singapore Pte Ltd holds a 99.99999999% stake.
FAQ
Why is Foxconn investing in India?
To restructure its global supply chain and strengthen long-term manufacturing capabilities in India.
What is the scale of the investment?
Approximately 127.7 billion Indian Rupees, including cash capital increases and debt-to-equity swaps.
What is the market impact of this news?
It clarifies Foxconn's stance on strengthening its production base in India and may increase focus on related companies' investments in the country.