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Foxconn confirms it is acquiring 56.5% stake in CMCS

Press release; Jessie Shen, DIGITIMES Asia 0

Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) today announced that its subsidiary Foxconn International will invest NT$2.5 billion to acquire a 56.48% stake in handset manufacturer Chi Mei Communication Systems (CMCS),...

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