Foxconn, Radiall and Thales launch Tessalia for EU component production

About this update from Foxconn Technology Co., Ltd.

Foxconn Technology Co Ltd TWSE:2354:FOXCONN, THALES, RADIALL BREAK GROUND FOR FRENCH CHIP PACKAGING JV TESSALIATESSALIA TECHNOLOGY TO START PRODUCTION IN 2029, AND PRODUCE MORE THAN 50 MILLION SYSTEM-IN-PACKAGE COMPONENTS ANNUALLY BY 2033INITIATIVE AIMS TO WELCOME OTHER INDUSTRIAL PLAYERS TO SUPPORT AN INVESTMENT THAT COULD EXCEED €250 MILLION ($291.08 million) BY 2033TESSALIA IS EXPECTED TO HAVE 800 EMPLOYEES AT FULL PRODUCTION($1 = 0.8589 euros)

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