Foxconn increases stake in flexible PCB affiliate
Sep 13, 2006
Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) announced through the Taiwan Stock Exchange (TSE) on September 12 that the company will acquire 30,009,000 shares of affiliate Foxconn Advanced Technology, which specializes in flexible PCB production, at a per-share price of US$1. The total transaction price was US$30,009,000, with Foxconn now holding a 42.87% stake in the flexible PCB supplier.
source: DigiTimes
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