Foxconn's Singapore arm injects $500m into India affiliate

Foxconn's Singapore arm injects $500m into India affiliate

FILE PHOTO: The logo of Foxconn is seen outside a building in Taipei, Taiwan November 10, 2022. REUTERS/Ann Wang//File Photo

Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million.

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