Hon Hai Group Confirms That The Us Subsidiary Is Undergoing Organizational Restructuring

Jiwei News, recently, foreign media pointed out that Hon Hai U.S. subsidiary will be restructured. Hon Hai Science and Technology Group issued a statement today (28) confirming this, but also stressed that restructuring according to law will not affect other subsidiaries.

Hon Hai Group's statement reads as follows:

Due to changes in product strategies of some customers, the Group confirmed that the Indiana-based subsidiary, the assembly business unit, will be reorganized in the near future, and the reorganization process of the subsidiary will fully comply with all relevant local regulations. Group policy, always do not comment on customers and related products, this department adjustment, does not affect Hon Hai other related subsidiaries. The original plant facilities in the area will remain in operation after manpower adjustment. (proofreading /Aki)