Taiwanese electronics manufacturer increases its stake in the India unit as it expands iPhone production and accelerates investments in artificial intelligence and advanced manufacturing

Hon Hai Precision Industry Co. has said that its subsidiary, Foxconn Singapore, acquired around 351.73 million common shares in its India subsidiary, Foxconn Hon Hai Technology India Mega Development Ltd, for $37.2 million, according to a stock exchange filing....

More https://bit.ly/4vtEZjJ

Via business-standard.com