Reporter丨Qin Yi Editor丨Tan Lu
Guo Taiming has made a full sense of presence in venture capital circle .
Foxconn can be regarded as an invisible investment giant. 15 years ago, Foxconn invested in Alibaba , and sold its shares twice in 2020, easily making a profit of over 2 billion yuan.
To date, Foxconn Investment Holdings 22 listed companies , Didi , Megvii, Xiaopeng Motors , CATL , etc., have all been included in their investment map.
Early investment brings considerable returns, and Foxconn tastes the "sweetness". It quickly built a brand new set of investment logic.
According to incomplete statistics, from 2020 to the present, the company has carried out intensive investment activities, which generally presents the characteristics of "longitudinal deep digging of the electronic manufacturing chain and horizontally broadening the layout of semiconductor, automobile and big health industries."
Enter the market at the right time, and Foxconn has also "unexpected gains" in addition to making up for the industrial puzzle.
Source: Visual China
According to the announcement of Hon Hai , in the past three years, the company's investment in mainland China has confirmed a total of NT$382.2 billion New Taiwan dollars (about 86.73 billion yuan), which is almost the revenue scale of a giant in a sub-industry.
heavy investment is still continuing. This year, Industrial Fulian has invested 10 billion yuan. The five top projects that Guo Taiming
are now particularly eye-catching.
Unigroup
Unigroup is a shortcut for Foxconn to obtain a mature industrial chain.
In July this year, the restructuring case of Unigroup entered the substantive stage of equity transfer. Among the investment institutions of Zhiguangxin Holdings that took over 100% equity , Xingwei Fund of Industrial Fulian Investment appeared.
According to the announcement of Hon Hai, Xingwei Fund, which holds 99.99% of the shares of Industrial Foxconn, invested 5.38 billion yuan in Shengyue (Guangzhou), and Foxconn obtained 48.91% of the latter's equity. "Zhi Guangxin" (holding 20.04% of the shares) invested by Shengyue (Guangzhou) has obtained 100% of the equity of Unigroup through judicial restructuring.
Foxconn has become an important investor of Unigroup . Based on the latter's territory, it spans the semiconductor industry chains such as memory and IC design, and helps Foxconn connect its own downstream and smart car business development.
Source: Visual China
Industry Fullian said that the semiconductor industry is an important sector for it to build the second growth pillar. In the future, it will continue to extend to core technologies through investment to meet the large demand for wafer .
Siling Robot
In the robot track, Siling Robot is a popular company Foxconn, with two investments in the past three years.
was established in 2018. Siling is an intelligent robot system research and development and application service provider. Its core products include seven-degree-of-freedom lightweight robot arms, general robot controllers, robot vision systems, etc. Chen Zhaopeng, the founder of
, is a doctoral student jointly trained by the German Aerospace Center Robotics Research Institute and Harbin Institute of Technology . He has undertaken the research and development and production of robotic arm projects on "Tiangong 2".
In September 2021, Siling received a US$220 million Series C financing, led by SoftBank Vision Fund Phase II, followed by Hillhouse Venture Capital, Sequoia China, and Foxconn.
Among them, Industrial FU Lian invested 4.5 million US dollars in . After financing, Siling Robot's valuation exceeded US$1 billion, becoming one of the unicorns.
In April this year, FBI issued another announcement announcing the completion of its exclusive strategic investment in Siling, with an amount of US$30 million. At present, Siling Robot has received 6 rounds of financing, with an amount of more than 2 billion yuan.
Byton Automobile
cross-border car manufacturing has made Foxconn controversial in the past two years.
Foxconn entered the automotive field, which was not a whim.As early as 2015, Foxconn joined hands with Tencent and Harmony Auto to create the Harmony Futeng project.
was not good at making a move, Foxconn and Tencent successively withdrew, while Harmony Futeng incubated two new car manufacturers - Aiways Auto and Byton .
According to information from multiple research institutions, in January 2021, Foxconn and Byton Auto reached a strategic cooperation on , injecting funds and blood transfusions into the latter and promoting mass production.
Byton Auto was established in 2017 and is one of the earliest new forces in car manufacturing. Unfortunately, after burning all 8.4 billion yuan in financing, the M-Byte model has not yet been mass-produced and delivered.
Source: Byton official website
For Foxconn, the growth of mobile phone electronics business has slowed down significantly in recent years, and it is urgent to find new profit growth points, and new energy vehicles have become its important tool.
Foxconn's investment in new energy vehicles is a comprehensive .
In 2017, it established a fund with IDG to invest in automobile technology startups, the most famous of which is CATL.
In January 2020, Foxconn and Fiat Chrysler formed a joint venture to produce electric vehicle and operate the Internet of Vehicles business. In October of the same year, it cooperated with Yulon to launch the MIH electric platform.
AutoCore.ai
Foxconn frequently takes action in the upstream and downstream of smart cars.
, founded in 2017, is a company that Foxconn entered the market early.
's business covers unmanned driving system computers and assisted driving. The main Internet of Vehicles technology, intelligent vehicle platform, advanced driving assistance system ADAS / autonomous driverless AD platform development provides users with products such as autonomous driving systems based on a variety of automotive chips and artificial intelligence algorithms.
In November 2021, AutoCore announced that it had completed a round A financing of hundreds of millions of yuan, with Foxconn, Hillhouse and IDG Capital jointly led the investment.
For Foxconn, which crosses the border car manufacturing, it is necessary to build a compatible on-board software and hardware system platform. At present, AutoCore has been recognized and adopted by Foxconn and mainstream smart car manufacturers.
Lingyunguang
At the forefront of industrial technology, Foxconn has unique vision.
Lingyun Light is an enterprise with more than 20 years of technical accumulation in the fields of optical imaging, vision software and algorithms, core visual components, etc.
In April 2020, Lingyunguang received a strategic investment of 250 million yuan for Foxconn, with post-investment equity accounting for 5.88%, and a post-investment valuation of 4.252 billion yuan. In July 2022, Lingyunguang was successfully listed, with a latest market value of 13.099 billion yuan.
prospectus shows that Lingyunguang is a supplier of Foxconn, BOE , Huawei , Xiaomi , CATL, and Apple . In 2021, Lingyunguang achieved operating income of 2.4 billion yuan and net profit attributable to shareholders of 170 million yuan.
crisscrossing capital chess game hides Foxconn's ambition to transform into a high-tech and high-profit enterprise.
In the future, to what extent these ever-extending tentacles can reshape Foxconn, it still needs to be questioned.
(the interns contributed to this article)
