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Foxconn pumps additional $287 million into Bac Ninh facility
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Foxconn pumps additional $287 million into Bac Ninh facility
Foxconn has pumped an additional $287 million into its facility in Bac Ninh According to its filing with the Taiwan Stock Exchange on March 26, Foxconn stated that its Singapore entity Ingrasys (Singapore) Pte. Ltd., acquired shares in Fulian Precision Technology Component to hold a 100 per cent stake. Following the transaction, Foxconn’s cumulative investment in the Vietnam entity reached $668.5 million, according to the statement, affirming th…
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