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Posted by
Two Blokes Jul 30 -
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Electromechanics, ICT, key markets get boost in new shares exchange TAIPEI , July 30, 2025 /PRNewswire/ -- TECO Electric & Machinery Co Ltd ("TECO") (TWSE:1504) and Hon Hai Technology Group ("Foxconn") held a major press conference today (30th) at the Taiwan Stock Exchange to announce a strategic alliance through a board-approved share exchange. This partnership combines TECO's strengths in electromechanical systems with Foxconn's expertise in ICT to seize the global trend of AI data center development toward standardization and modularization, jointly tapping into vast AI data center (AIDC) business opportunities worldwide.
