PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai (2317 TT) will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems
Newsquawk Staff ·
TAIWAN
Hon Hai Precision Industry (2317 TT) - Foxconn will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems. (Nikkei)
Geopolitical - Taiwan’s first F-16V Block 70 aircraft ordered from the US has been sighted in Texas ahead of delivery, according to DPP Legislator Wang Ting-yu. (Taipei Times)
Other News
Taiwan’s Finance Minister Chuang Tsui-yun said the government will adhere closely to fiscal discipline as it faces a future revenue shortfall from an ageing population and falling births. (Taipei Times)
SINGAPORE
IPO - Foundation Healthcare Holdings plans to file its initial public offering prospectus in Singapore in the coming days, according to people with knowledge of the matter. (Straits Times)
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