Terry Gou pledged over 400 million Hon Hai shares or invested in a new panel plant

[Global Science and Technology Report] "Nihon Keizai Shimbun" revealed on February 21 that Taiwan's Hon Hai Precision Industry Co. Chairman Gou Ting pledged more than 400 million shares of Hon Hai shares held by the bank to banks in January. Some analysts believe that this is to invest in a new panel factory, and Guo Tingming raised funds of 70 billion yen.

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The Taiwan media reported the above news according to the disclosure information of the Taiwan Stock Exchange. With a generation of power, Terry Goh has nurtured Hon Hai as the world's largest electronic product foundry service (EMS) company, and is a typical “arbitrary” operator.

Guo Taiming used personal holdings as a guarantee to raise funds and made Hon Hai’s operations more active. Hon Hai announced in December 2016 that it will build the world's largest panel plant in Guangzhou, China. In January 2017, Terry Gou said that he is also discussing the construction of a new factory of the same size in the United States.

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