TECO & Hon Hai Forge Alliance to Boost AI Data Center Power
TECO Electric & Machinery Co Ltd (“TECO”) (TWSE:1504) and Hon Hai Technology Group (“Foxconn”) (TWSE:2317) held a major press conference today (30th) at the Taiwan Stock Exchange to announce a strategic alliance through a board-approved share exchange. This partnership combines TECO’s strengths in electromechanical systems with Foxconn’s expertise in ICT to seize the global trend…