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By Increasing the Resistance to Corrosion of Stainless Steel, the Technology Development Program of the Ministry of Economic Affairs Creates New Business Opportunities

Hon Hai plans NT$6bn battery cell unit

Hon Hai Precision Industry Co (鴻海精密) plans to invest NT$6 billion (US$201.75 million) in building a battery cell center in Kaohsiung, the major iPhone maker said yesterday. The investment reflects the company’s efforts to develop a comprehensive battery supply chain in the southern port city and marks its latest move to deepen its presence in the global electric vehicle (EV) supply chain. The battery cell center which would house research and development, as well as production would be in the city’s Ho Fa Industrial Park (和發產業園區) and is expected to start mass production in the first quarter of 2024, Hon

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