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    2354 — Foxconn Technology News Story

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    Brief: Foxconn, Radiall and Thales launch Tessalia for EU component production

    Picture of Foxconn Technology logoFoxconn Technology
    01/06/2026 12:50
    BRIEF-Foxconn, Radiall and Thales launch Tessalia for EU component production
    June 1 (Reuters) - Foxconn Technology Co Ltd 2354.TW:
    • FOXCONN, THALES, RADIALL BREAK GROUND FOR FRENCH CHIP PACKAGING JV TESSALIA
    • TESSALIA TECHNOLOGY TO START PRODUCTION IN 2029, AND PRODUCE MORE THAN 50 MILLION SYSTEM-IN-PACKAGE COMPONENTS ANNUALLY BY 2033
    • INITIATIVE AIMS TO WELCOME OTHER INDUSTRIAL PLAYERS TO SUPPORT AN INVESTMENT THAT COULD EXCEED €250 MILLION  ($291.08 million) BY 2033
    • TESSALIA IS EXPECTED TO HAVE 800 EMPLOYEES AT FULL PRODUCTION
    Source text
    Further company coverage: 2354.TW

    ($1 = 0.8589 euros)

     (Reporting by Beijing Newsroom, Editing by Louise Heavens)
     ((Shi.Bu@thomsonreuters.com;))

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