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