Tuesday, July 29, 2008

Foxconn to invest additional US$200 million in China for capacity ramp

Newswatch - Jul 29, 14:13

The board of Foxconn Electronics (Hon Hai Precision Industry) has decided to invest an additional US$200 million in China to ramp up its output of connectors, PC chassis and pressing parts, handset components and calculators, the Chinese-language Commercial Times quoted sources at the company as saying.