Focus Taiwan App
Download

Hon Hai could face up to NT$25 million fine for China investment

07/15/2022 10:55 PM
To activate the text-to-speech service, please first agree to the privacy policy below.

Taiwan-based Hon Hai Precision Industry, known as Foxconn on the global market, could face a fine of up to NT$25 million (US$834,878) for investing in embattled Chinese chip conglomerate Tsinghua Unigroup without approval from the government, an official from the Ministry of Economics Affairs (MOEA) said Friday.


(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)

    We value your privacy.
    Focus Taiwan (CNA) uses tracking technologies to provide better reading experiences, but it also respects readers' privacy. Click here to find out more about Focus Taiwan's privacy policy. When you close this window, it means you agree with this policy.
    108