Brief: Foxconn, Radiall and Thales launch Tessalia for EU component production
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
Further company coverage: 2354.TW
($1 = 0.8589 euros)
(Reporting by Beijing Newsroom, Editing by Louise Heavens)
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Brief: Foxconn, Radiall and Thales launch Tessalia for EU component production