FIH Mobile : PROPOSED INCORPORATION OF AND CAPITAL INJECTIONS IN WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FIH Mobile Limited 富智康集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2038)

PROPOSED INCORPORATION OF AND CAPITAL INJECTIONS IN

WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY

This announcement is made by FIH Mobile Limited (the "Company") on a voluntary basis. Pursuant to applicable disclosure requirements laid down by the Taiwan Stock Exchange Corporation, Hon Hai Precision Industry Company Limited* (the Company's ultimate controlling shareholder whose shares are listed on the Taiwan Stock Exchange Corporation) is required to make announcements regarding the subject matter of this announcement. In order to facilitate timely dissemination of information to investors and potential investors in Hong Kong and Taiwan, the Company would like to make this announcement simultaneously upon such disclosure in Taiwan.

It is hereby announced that the Company has proposed to incorporate the following indirect wholly-owned subsidiaries (through the Company's direct wholly-owned subsidiary incorporated in the Cayman Islands namely Execustar International Limited) as wholly-foreign-owned enterprises in the People's Republic of China, and then make the corresponding capital injections in such subsidiaries for the purposes of their respective capital expenditure and working capital (collectively, the "Proposed Transactions"):-

• 1. Tentatively known as 富智康(南京)智能科技有限公司 (FIH (Nanjing) Intelligent Technology Co., Ltd.*) ("FIH Nanjing IT"), with capital injection(s) in an aggregate amount of approximately US$120 million (or its foreign equivalent); and

• 2. Tentatively known as 富智康電子科技(南京)有限公司 (FIH Electronics Technology (Nanjing) Co., Ltd.*) ("FIH Nanjing ET"), with capital injection(s) in an aggregate amount of approximately US$250 million (or its foreign equivalent).

The principal activities of FIH Nanjing IT are proposed to be the development, testing, system integration and provision of application services and related technological services for handset-related software and hardware, whereas the principal activities of FIH Nanjing ET are proposed to be the manufacturing and processing of mobile communications equipment (handsets) and its components and the related modules, fixtures/jigs and gauges.

The Proposed Transactions by themselves do not constitute a notifiable transaction or a connected transaction for the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

As the completion of the Proposed Transactions is subject to the satisfaction of certain prior third party approvals and other conditions precedent (if any), there is no guarantee that any one or more of the Proposed Transactions will be completed as contemplated. Accordingly, the shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

CHIH Yu Yang

Acting Chairman

Hong Kong, 13 December 2017

As at the date of this announcement, the board of directors of the Company comprises four executive directors, namely Mr. CHIH Yu Yang, Mr. WANG Chien Ho, Mr. HUANG Chin Hsien and Mr. YU Mingjen; one non-executive director, namely Dr. LUO Zhongsheng; and three independent non-executive directors, namely Mr. LAU Siu Ki, Dr. Daniel Joseph MEHAN and Mr. TAO Yun Chih.

* For identification purposes only