China 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
Foxconn gets approval for IPO of subsidiary: Reuters
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