Meg Shen / Reuters:
Foxconn’s Xingwei agrees to promote its complete stake in embattled Chinese language chip conglomerate Tsinghua Unigroup for ~$771.79M — Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, stated on Friday its subsidiary in China has agreed to promote complete fairness stake in embattled Chinese language chip conglomerate Tsinghua Unigroup.
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