FII secures 17.9% of shares in the restructured Tsinghua Unigroup

Judy Lin, DIGITIMES, Taipei 0

Credit: Tsinghua Unigroup

Foxconn Industrial Internet (FII), a subsidiary of Foxconn Technology Group, has confirmed that it has invested CNY9.8 billion (US$146 million) in a holding company that will takeover the bankrupt Tsinghua Unigroup, the parent of China's largest 5G...

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