Foxconn invests in China-based battery maker CATL

MOPS and EDN, March 29; Joseph Tsai, DIGITIMES Asia 0

Foxconn Electronics (Hon Hai Precision Industry) will invest over CNY1 billion (US$145.24 million) to acquire 7.66 million shares or a 1.19% stake in China-based lithium battery maker Contemporary Amperex Technology (CATL).

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