Foxconn gets approval for IPO of subsidiary: Reuters

Foxconn ChinaChina has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn. Foxconn last month said it will use proceeds from the IPO to fund eight projects with an investment of $4.31 billion. Foxconnn’s clients include Amazon, Apple, Dell, Cisco, Huawei and Lenovo. Read the latest telecom news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

realme 16T 5G Price Cut: Smartphone Now Available from ₹25,999 with Bank Offers and No-Cost EMI

realme has announced a price reduction for its realme...

South Korea Smartphone Market Declines 0.5% in Q1 2026 as Premium and Foldable Demand Remains Strong

South Korea's smartphone market recorded shipments of 3.78 million...

Apple Faces $4 Billion UK Lawsuit Over iCloud as Tribunal Clears Class Action

Apple is facing a major legal challenge in the...