Foxconn Acquires 54.5% Stake In Softbank Unit For $600M

Login to View

Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn, has announced plans to acquire 54.5% stake in SoftBank Group Capital Apac Pte. Ltd, an Asia-based tech investment fund, for US$600 million, according a company filing.

Continue reading with a China Money Network subscription


Join Now

Already have an account or paid subscription? Log in


RELATED NEWS