Hon Hai subsidiary acquires Q-Edge shares for US$537 million

On the evening of October 15, Hon Hai announced on the exchange that its subsidiary Foxconn Assembly Holding Corporation acquired shares in Q-Edge Corporation, with an investment amount of US$537 million. Hon Hai stated that the purpose was long-term investment. In late August, Hon Hai had announced that its subsidiary increased its capital in Q-Edge Corporation by approximately US$188 million. According to Hon Hai's annual report, Q-Edge Corporation was established in May 2000 in Houston, Texas, USA.