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Foxconn will not cease cooperation with CMI
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POSTER: computer news || FOXCONN WILL NOT CEASE COOPERATION WITH CMI |
DATE:2012-03-29 |
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Yesterday we reported that the company Hon Hai Precision Industry (Foxconn) has become the largest shareholder in the manufacturer displays Sharp. Earlier, Foxconn in this area has relied on the power Chimei Innolux (CMI). In particular, Foxconn has subscribed for shares to be issued by CMI in the next two years. According to available data, CMI will issue 2,000,000,000 shares in a project to increase the share capital. As the proportion of Foxconn in the enterprise is small, the total amount of funds that are committed to a contract manufacturer for three years, hardly exceed $ 90 million, substantially lower than financial investments in Sharp. It also reported that their interest in CMI TV manufacturers are showing TPV Technology (Taiwan) and Hisence (China). | ||
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FOXCONN WILL NOT CEASE COOPERATION WITH CMI |
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