FIT Hon Teng Limited (FITGF)
- PR Newswire
Expands into New Energy with Strategic JV and Launches New Charging Solutions
Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary of Hon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition of Germany's SWH Group in 2023 and the launch of the Voltaira brand for its mobility solutions portfolio, FIT Hon Teng has formed a joint venture with XYPower Technology Co., Ltd., establishing FXNWING New Energy Technology Co., Ltd. ("FXNWING") to enter the EV charger market.
- Simply Wall St.
Exploring Hidden Gems on SEHK: 3 Stocks Estimated as Undervalued in June 2024
Amidst a backdrop of fluctuating global markets, the Hong Kong stock exchange has shown resilience, making it a fertile ground for identifying undervalued stocks. In June 2024, discerning investors may find opportunities in overlooked sectors that are poised to benefit from broader economic trends.
- PR Newswire
FIT Unveils 224G Tech at DesignCon 2024: Powering AI and Hyperscale Future
Foxconn Interconnect Technology (FIT), a frontrunner in the data center connectivity industry, proudly announces the launch of its 224G data rates for high-speed I/O and near-chip connectivity at this year's DesignCon. This groundbreaking development in 224G signifies a strategic step forward, preparing FIT and its key customers for the burgeoning data rates propelled by advancements in AI and machine learning.
