Hon Hai Precision Industry Co., known globally as Foxconn, announced a strategic cooperation agreement with the Henan Provincial Government to establish a new business headquarters in Zhengzhou. The first phase of the project involves an investment of RMB 1 billion (approximately NT$ 4.53 billion), aimed at enhancing industries such as electric vehicles, energy storage batteries, digital health, and robotics.
Zhengzhou, already a key hub for iPhone assembly by Hon Hai, will see a significant expansion of Foxconn’s operations. The new industries underscore the company’s commitment to leveraging its smart manufacturing capabilities, technological advancements, and global industrial resources.
The new headquarters will be located in Zhengdong New District, covering approximately 700 acres. It will feature a headquarters management center, R&D center, engineering center, strategic industry development center, financial platform, industrial research institute, key talent center, marketing center, and supply chain management center.
As part of its 3+3 strategy, Foxconn plans to establish an electric vehicle trial production center and solid-state battery project in the Zhengzhou Airport Economic Comprehensive Experimental Zone. The EV center aims to build a world-class demonstration production line, serving both domestic and international automobile brands. This will position Zhengzhou as Foxconn’s core production base for electric vehicles.
The solid-state battery initiative will focus on R&D and manufacturing of advanced battery technologies, including solid-state electrolytes and semi-solid batteries. The project is designed to adapt to industry trends with a phased implementation approach.
Industry experts suggest that Foxconn’s expansion in Zhengzhou serves multiple strategic purposes: fulfilling commitments to Chinese authorities amid increasing operations in India, fostering technical exchanges with local EV manufacturers, and reducing labor dependency through automation.
This ambitious expansion reflects Hon Hai’s strategic vision to create a global high-end manufacturing ecosystem and solidify its leadership in emerging industries.
