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Tag: foxconn
Foxconn expected to announce multi-billion dollar investment
2017-07-26 19:39:52| BBC News | Business | UK Edition
The Taiwanese electronics manufacturer has been exploring an investment in the US.
Tags: expected
investment
dollar
announce
Foxconn chooses NetRange for smart TV ecosystems
2016-09-05 16:50:10| Digital TV News
Foxconn and NetRange have announced that thanks to NetRanges Smart TV technology, Foxconn will be able to equip its TV devices with a complete, turnkey middleware and be the first OEM to deliver ready-to-go products to the numerous renowned brands it produces for.
Tags: smart
chooses
ecosystems
foxconn
Tencent, Foxconn lead USD 175 mln investment in India's Hike
2016-08-16 12:11:00| Telecompaper Headlines
(Telecompaper) Hike Messenger, India's homegrown mobile messaging platform, announced that it has raised a Series D financing of over USD 175 million, in a new funding round led by Tencent and Foxconn Technology Group valuing the company at close to USD 1.4 Billion. Existing investors Tiger, Bharti Airtel and the SoftBank Group also participated in this round. This is the fourth venture capital round and the biggest to date for Hike, taking the total investment to over USD 250 million so far.
Tags: lead
investment
usd
hike
Foxconn takeover of Sharp goes ahead after China approval
2016-08-12 09:23:00| Telecompaper Headlines
(Telecompaper) Taiwan-based Foxconn announced that China's anti-monopoly watchdog has approved its acquisition of Japan's Sharp. Foxconn and Sharp will now move to complete the transaction in accordance with their agreement "as soon as possible", Foxconn said. Foxconn plans to spend JPY 388.8 billion (approximately USD 3.84 billion) to take a two-thirds stake in Sharp. Sharp confirmed it is going ahead with the issue of new shares to Foxconn and its parent company Hon Hai Precision Industry.
Tags: china
ahead
approval
sharp
Foxconn files IPO for cable/connector unit - report
2016-07-05 18:51:00| Telecompaper Headlines
(Telecompaper) Taiwan's Hon Hai Precision Industry, better known as Foxconn, filed for an initial public offering of its cable and connector unit in Hong Kong, the Wall Street Journal reported. The paper cited people familiar with the matter as saying the spin-off operation could raise between USD 500 million - USD 1 billion.
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