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May 28, 2017

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Hon Hai touts BlackBerry ties, may jointly invest in Indonesia

TAIPEI, Taiwan -- Hon Hai Precision Industry Co. (鴻海精密) will continue to cooperate with BlackBerry Ltd., and the two companies may team up to invest in Indonesia, the company's chairman Terry Gou (郭台銘) said.

Hon Hai held a charity carnival at National Taiwan University's stadium yesterday, with former minister of economic affairs Shih Yen-shiang (施顏祥) and representatives from Germany and Indonesia attending.

Gou said that Hon Hai is considering making investments in the U.S., Germany and Indonesia this year, adding that Hon Hai is planning to cooperate with automotive manufacturers from Germany.

Hon Hai will continue to work with BlackBerry Ltd. BlackBerry's new devices, assembled by Hon Hai's mobile unit, will debut at the Feb. 24-27 Mobile World Congress tech fair in Spain. Gou said that BlackBerry's expertise lies not only in smartphones, but other burgeoning areas as well.

The U.S. will remain the largest market in the next ten years, Gou said, adding that making investments in the U.S. is the right strategic direction for the company, adding that many of Hon Hai's partners, including BlackBerry, hope it will establish new factories in the U.S., and Hon Hai and BlackBerry may team up to make investments in Indonesia.

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