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The latest update is out from Hon Hai Precision Industry ( (HNHPF) ).
Hon Hai Precision Industry’s subsidiary, FIH Mobile Limited, has acquired 35,768,000 common shares of Execustar International Limited for USD 35,768,000, marking a significant investment aimed at long-term growth. Additionally, Execustar International Limited and Proper Charm Limited, both subsidiaries, have acquired shares in Proper Charm Limited and Chief Expertise Limited, respectively, each transaction amounting to USD 35,768,000. These strategic acquisitions are part of Hon Hai’s broader strategy to strengthen its market position and enhance its investment portfolio, indicating a focus on expanding its influence and operational capabilities within the industry.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading technology manufacturer primarily engaged in the production of electronic components and products. The company is a major player in the electronics manufacturing services industry, focusing on the assembly of consumer electronics, computer components, and communication devices.
Find detailed analytics on HNHPF stock on TipRanks’ Stock Analysis page.