Partnership
Foxconn x Mitsubishi Electric (Mitsubishi Electric Mobility JV)
Foxconn's investment arm Lin Yin International Investment agreed to buy 50% of Mitsubishi Electric Mobility, Mitsubishi Electric's automotive equipment unit, for about JPY 115.0B (enterprise value JPY 320.0B). The two will jointly run it to develop EV platforms in Japan. Closing is expected Oct 1 2027, subject to antitrust approvals.
joint venture · Announced · just announced
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a688326f-aac7-4076-ac9b-d495bb1ed349- Type
- joint venture
- Status
- Announcedjust announced
- Announced
- 2026-10-165 days ago
- Active for
- 5 days
Who’s involved
Hon Hai Precision Industry Co., Ltd. (Foxconn / Hon Hai Technology Group; TWSE: 2317), founded by Terry Gou in 1974 and chaired by Young Liu, is the world's largest contract electronics manufacturer and the leading builder of NVIDIA AI servers. In physical AI, Foxconn is co-developing industrial Humanoid robots with NVIDIA (on the Isaac GR00T stack) and deploying them on its own production lines, beginning at its Houston AI-server plant, while also pursuing EV contract manufacturing through its Foxtron joint venture.
Most-frequent partners
Mitsubishi electric Corporation (TSE: 6503) is a Tokyo-based global electronics and industrial automation leader, founded in 1921. The company's Factory Automation Systems division manufactures MELFA industrial robots (SCARA, 6-axis articulated, collaborative), CNC systems, PLCs, and servo drives. With FY2025 revenue of JPY 5,521.7B (~USD 37B), Mitsubishi Electric is one of the world's largest industrial robot makers, deploying across automotive, semiconductor, and electronics manufacturing.
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