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FIH investment in CExchange targets China market

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia 0

FIH Mobile, a Hong Kong-listed smartphone ODM belonging to the Foxconn Group, has made a strategic investment of US$10.5 million for a 30% stake in CExchange, a US-based provider of consumer electronics trade-in, buy-back and recycling services.

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