Investment Updates News
- Hon Hai board approves investment
Date: 2-Aug-2007 Sources: (Shenzhen Daily)
THE board of Taiwan's Hon Hai Precision Industry Co. has approved an investment of US$286.4 million in 11 units on the mainland, the company yesterday.
The investment is part of the company's continued expansion on the mainland, a company official who declined to be named said. Hon Hai Precision is the world's largest contract electronics maker by revenue. The mainland units include manufacturers of computer hardware, numerically controlled machine tools, optical components and lenses, print circuit boards and connectors.
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