Explain media reporting

Subject: Explain media reporting

Date of events:2020/01/07

Contents:

1.Date of occurrence of the event:2020/01/07

2.Company name: Hon Hai Precision Ind. Co. Ltd.

3.Name of the reporting media: Economic Daily

4.Content of the report:

Foxconn won't set up proposed unit in Maharashtra

5.Countermeasures:

Statement from Foxconn Technology Group

Foxconn's investment plans in markets around the world are reviewed and adjusted on a regular basis based on many factors, including global market conditions and the needs of our wide range of customers. We are a long-term investor in India, where we have invested millions of dollars and employ thousands of Indian workers, and all of our business partners, customers and suppliers, are aligned with our plans and our current investment decisions.