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Foxconn invests in China-based startup Megvii

Chia-Han Lee, Taipei; Steve Shen, DIGITIMES Asia 0

Foxconn Electronics (Hon Hai) has said that one of its subsidiaries, Foxteq Holdings, has bought 2.275 million shares, or a 3.286% stake, in China-based start-up Megvii Technology for US$20 million.

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