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Hon Hai Precision Industry ( (HNHPF) ) just unveiled an update.
Hon Hai Precision Industry’s subsidiary, Foxconn Singapore Pte Ltd, has acquired shares in Yuzhan Technology (India) Private Limited, significantly increasing its investment in the company. This strategic move involves a capital increase of over 12 billion shares, amounting to approximately USD 1.489 billion, and positions Foxconn to strengthen its presence in the Indian market, potentially enhancing its operational capabilities and market influence.
More about Hon Hai Precision Industry
Hon Hai Precision Industry, also known as Foxconn, is a leading global electronics manufacturer primarily engaged in the production of electronic components and products. The company is known for its extensive manufacturing capabilities and partnerships with major technology firms worldwide.
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