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Foxconn to add $200 Million investment in China


Tuesday, July 29, 2008

Foxconn Electronics 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.

Some US$53.4 million, or 26.7%, of the projected investment will be used to finance a capacity ramp for PC chassis and PC pressing parts and components, indicating that Foxconn is preparing to make substantial inroads into the ODM notebook market, the paper quoted sources at Taiwan-based securities houses as saying

By: DocMemory
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