Asia · Markets & Finance · The Edge Singapore

Foxconn buys US$727 mil stake in Mitsubishi Electric unit making EV parts

Published by The Edge Singapore · Singapore 15 h ago

Hon Hai Precision Industry Co is paying ¥115 billion (US$727 million) for a 50% stake in Mitsubishi Electric Corp’s automotive-components unit, with the goal of turning it into a…

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