India, May 20 -- Hon Hai Technology Group (Foxconn) has announced a strategic partnership with Thales Group of France in the fields of semiconductors and space, a move that deepens the industrial expertise and broadens the European footprint of the world's largest electronics manufacturing service provider.

Announced at Choose France, a flagship economic summit convened by French President, Emmanuel Macron, the first of two MoUs for Foxconn could aggregate additional European industrial investors to sustain an investment in excess of EUR250 million, while ensuring a strong European leadership in an outsourced semiconductor assembly and test (OSAT) facility.

Foxconn is exploring the potential in preliminary discussions with government-ba...