Foxconn unit targets Shanghai IPO, to raise capital for 5G projects

Foxconn unit targets Shanghai IPO, to raise capital for 5G projects

REUTERS/Tyrone Siu/File Photo

Foxconn Industrial Internet Co Ltd, an internet and industrial-focused unit of Taiwan’s Foxconn, filed an application on Monday for an initial public offering in Shanghai to raise capital to upgrade production and for 5G related projects.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter