Foxconn Electronics on December 23 announced that its Singapore-based subsidiary Foxconn Singapore Pte. will add an investment of US$60 million in Smart Technologies, a Canada-based developer of interactive smart white boards and software solutions used in education and business.
Foxconn Singapore currently holds a 32.1% stake in Smart Technologies and the additional investment will increase its stake to 84.2%, with the remaining 15.8% held by strategic investors.
Article translated by Adam Hwang
