Foxconn to invest US$123.8 million in China subsidiaries
May 03, 2006
The board of directors of Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) on April 28 approved proposals to increase investments indirectly in its China subsidiaries - Foxconn Precision Component (Beijing), Shenzhen Fu Tai Hong Precision Industry and Ambit Microsystems (Zhong Shan) - with the sum of all transactions to total US$123.8 million.
source: DigiTimes
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