Tag Archives: ASIA

Foxconn unit to sell stake in Chinese chip firm Unigroup

TAIPEI, Dec 17 (Reuters) – Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup. Taiwan has turned a wary eye on China’s ambition to boost its semiconductor industry …

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