PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai (2317 TT) will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems
TAIWAN
Hon Hai Precision Industry (2317 TT) - Foxconn will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems. (Nikkei)
Geopolitical - Taiwan’s first F-16V Block 70 aircraft ordered from the US has been sighted in Texas ahead of delivery, according to DPP Legislator Wang Ting-yu. (Taipei Times)
Other News
Taiwan’s Finance Minister Chuang Tsui-yun said the government will adhere closely to fiscal discipline as it faces a future revenue shortfall from an ageing population and falling births. (Taipei Times)
SINGAPORE
IPO - Foundation Healthcare Holdings plans to file its initial public offering prospectus in Singapore in the coming days, according to people with knowledge of the matter. (Straits Times)