Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG  COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 16.1.2023  
C(2023 ) 551 final  
PUBLIC VERSION  
Stellantis N.V  
Singaporestraat 92 -100 
P7 1175 RA  Lijnden  
The Netherlands  
 
Hon Hai Precision Industry Co., Ltd. 
2 ZiyouStreet Tucheng District  
236401  New Taipei, Taipei City  
Taiwan  
Subject : Case M. 10982  – STELLANTIS  / HON HAI PRECISION INDUSTRY / JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 14 December 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which the 
undertaking  Stellantis N.V. (“Stellanti s”, the Netherlands),  and Hon Hai Precision 
Industry Co., Ltd. (“Hon Hai”, Taiwan) , will acquire within the meaning of Article 
3(1)(b)  and 3(4)  of the Merger Regulation joint control over the whole of the  newly 
created joint venture (“JV”, the Netherlands) by way of purchase of shares .3 
2. The business activities of the undertakings concerned  are the following : 
 Stellantis is a global automotive group active in designing, engineering, 
manufacturing, distributi ng and selling automotive vehicles, components and 
production systems worldwide , 
 Hon Hai provides electronic manufacturing services for computers, 
communications, and consumer electronic products . 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect  from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used through out this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 494, 28.12.2022 , p. 15. 

2 3. The business activities of the JV will be the following:  
The JV will be  a greenfield joint venture set up for the purposes of 
developing semiconductors for the automotive market and performing all the 
activities of an autonomous economic entity.  
4. After examination of the notification, the European Commission has co ncluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
5. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .