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Hon Hai Precision to acquire Mitsubishi Electric Mobility

PRIVATEOct 16, 2026

Acquiring Company

Hon Hai Precision Industry Co Ltd

Acquired Company

Mitsubishi Electric

TaiwanChiyodaManufacturingElectronicsManufacturingEnergyRenewable EnergyElectronics

Description

Hon Hai Precision Industry Co Ltd has announced the acquisition of shares in Mitsubishi Electric Mobility Corporation. A total of 503 shares are being acquired at a price not exceeding JPY 115 billion. This transaction is crucial as it signifies Hon Hai's investments in mobility technology. The deal is subject to regulatory approvals and other conditions.

Company Information

Company

Hon Hai Precision Industry Co Ltd

Location

Taiwan

About

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a Taiwanese multinational electronics contract manufacturer. It is the world's largest provider of electronics manufacturing services and the third-largest technology company by revenue. The firm is known for assembling products for major companies, including Apple.

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Frequently asked

Who acquired Mitsubishi Electric?

Mitsubishi Electric was acquired by Hon Hai Precision Industry Co Ltd, based in Taiwan. The deal was reported on October 16, 2026. Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a Taiwanese multinational electronics contract manufacturer. Hon Hai Precision Industry Co Ltd is privately held and operates in Manufacturing.

When did Hon Hai Precision Industry Co Ltd acquire Mitsubishi Electric?

Hon Hai Precision Industry Co Ltd's acquisition of Mitsubishi Electric was reported on October 16, 2026. Hon Hai Precision Industry Co Ltd has announced the acquisition of shares in Mitsubishi Electric Mobility Corporation. A total of 503 shares are being acquired at a price not exceeding JPY 115 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mitsubishi Electric do?

Mitsubishi Electric Corporation is a global leader in the manufacturing and sales of electric and electronic equipment used in information processing and communications. It is privately held, operating in Manufacturing, and is based in Chiyoda.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.