A Taiwanese company is investing in something with no returns for seven years. Let that sink in.
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As of September, US$21.9 billion had been invested globally in quantum technology, Liu said, adding that the Ministry of Science and Technology has pledged to invest NT$8 billion (US$282 million) in quantum technology development over the next five years.
That’s not a LOT lot of money for them, is it?
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And yet their stock price 
What’s R&D?
That pretty much describes the real estate market here.
There’s no mention of how much Hon Hai is actually going to invest in this, the tax payers seem to be investing NT$8 billion!
Anything and any employee classed as “R&D” in Taiwan gets huge tax breaks and incentives paid for by the taxpayer so Hon Hai is likely invested little in this over the long term.
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Gotcha. So didja pick up any shares?
Seems someone invested NT$8 billion for us all! I wonder what our dividend’s will be like?
My wife says they’ll be good. We got a few shares.
True. I have inside information that tells me the “Quantum Computing Research Center,” with its Taida professors involved, is just a guise for a basket weaving project.
Well, a few days later, and we are up 200kNT. Viva le hype.
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Meanwhile China is investing 10+ billion US dollars in quantum computing, 8+ billion in transgenic research and investing in a nuclear future while replanting massive areas of forest and geoengineering the natural infrastructure. The CCP may be shady, but they have the right plan for the future.
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It’s good Taiwan has a large company like Hon Hai that invests in several different sectors, so Taiwan doesn’t have its eggs all in one basket. TSMC should be reinvesting everything to maintain its technological leadership.
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I wonder if FSR is going to blow up. Only has 18% institutional buy in as of now. Up 38% today.
Taipei, Feb. 24 (CNA) Hon Hai Precision Industry Co., the world’s largest contract electronics maker, announced Wednesday that it has signed a memorandum of understanding with Fisker Inc., a U.S. electric vehicle (EV) maker, to build a new EV model under the Fisker brand, with the goal of starting mass production by the fourth quarter of 2023.
Thanks, I just bought.
which one ? FSR?
Yeah. You can’t buy Foxconn from the US.
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They basically are
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Just a guess but it’s probably not with Foxconn itself but rather with the Foxconn Yulon EV joint venture.