6 November 2025, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has signed a Memorandum of Understanding with Mitsubishi Electric Corporation to collaborate on the global supply of energy-efficient and highly reliable AI data center solutions.

Under the MOU, the two companies will cooperate comprehensively in the field of AI data centers by utilizing the know-how and networks of both companies and supply competitive solutions for AI data centers with high efficiency and high reliability on a global basis, thereby contributing to solving social issues such as the realization of a circular economy.

In the future, the two companies aim to jointly create new values, solutions and business models outside the AI data center field by leveraging their knowledge assets in the process of addressing social issues such as sustainability.

About Mitsubishi Electric Corporation

The Mitsubishi Electric Group is committed to contributing to the realization of a vibrant and affluent society through continuous technological innovation and unlimited creativity. We will realize sustainability by accelerating "Trade On" activities to develop our business while enriching society and the environment. We also utilize our Serendie ® digital platform to collect and analyze data obtained from customers in a digital space. We also promote circular digital engineering, which creates new value and contributes to solving social issues through strong connections within the Group and the sharing of knowledge. With a history of more than 100 years since its founding in 1921, the company has developed businesses including social systems, energy systems, defense and space systems, FA systems, automotive equipment, building systems, air conditioning and home appliances, digital innovation, and semiconductors and devices. With more than 200 Group companies and approximately 150,000 employees worldwide, consolidated sales in fiscal 2024 were 5,521.7 billion yen. For more information, visit www.MitsubishiElectric.co.jp

About Foxconn

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking 28th among the Fortune Global 500. In 2024, revenue totaled TWD6.86 trillion (approx. USD208 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40%. The Group operates over 230 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – artificial intelligence, semiconductors and next-generation communications technology. Pulling it together with its three intelligent platforms – Smart Manufacturing, Smart EV, Smart City – the “3+3+3” strategy is key to driving the Group’s long-term growth. Foxconn is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com