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Germany's ZF Group and Hon Hai Technology Group (Foxconn) - Partners in chassis systems for cars

Copyright © ZF Group & Foxconn

Germany's ZF Group and Hon Hai Technology Group (Foxconn) - Partners in chassis systems for cars

28 Jul 2023

Foxconn will acquire a 50% stake in ZF Chassis Modules GmbH, a division of the ZF Group that brings together all axle systems for cars and has a market value of approx. 1 billion euros

Friedrichshafen AG (ZF Group), one of the world's largest suppliers to the automotive industry, and Hon Hai Technology Group ("Foxconn") (TWSE:2317), the world's largest electronics manufacturer, have announced a partnership of 50 -50 in chassis systems for cars, an essential move aimed at accelerating and expanding opportunities in the automotive field and the supply chain with top customers.

For more information, please see the Romanian version of the article, here.

Authors

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ZF GROUP

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FOXCONN

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Tags : Partners in chassis systems for cars , the world's largest suppliers to the automotive industry , the world's largest electronics manufacturer

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