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China market: FIH Mobile sets up electric car rental service company in Hangzhou

Chau-Chin Chang, Taipei; Steve Shen, DIGITIMES 0

FIH Mobile, a mobile device maker under the Foxconn Group, has invested CNY1.2 billion (US$187.57 million) to set up an electric car rental service company in Hangzhou, China, according to media reports in China.

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