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Foxconn to pour $58M more in Vietnam subsidiary for long-term investment
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Foxconn to pour $58M more in Vietnam subsidiary for long-term investment
Foxconn, also known as Hon Hai Precision Industry, will invest $58.3 million more in its Vietnamese subsidiary Fushan Technology (Vietnam), according to a filing of the Taiwanese electronic giant sent to the Taiwan Stock Exchange (TWSE) on Wednesday. Foxconn’s unit Chief Expertise Limited will implement the investment, bringing Foxconn’s total investment in Fushan Technology (Vietnam) to approximately $226 million while maintaining full ownershi…
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