Hon Hai subsidiary invests nearly NT$24 billion in Chinese chipmaker
Taipei, July 14 (CNA) A China-based subsidiary of Taiwan-based Hon Hai Precision Industry, known as Foxconn on the global market, has invested 5.38 billion yuan (NT$23.9 billion or US$793.36 million) in Chinese chipmaker Tsinghua Unigroup through a private equity fund, the business conglomerate announced Thursday.
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