Source - RNS
RNS Number : 7752Q
Hon Hai Precision Industry Co Ld
14 September 2017
 

Subject: Explain media reporting

Contents:

1.Date of occurrence of the event: 2017/09/14

2.Company name: Hon Hai Precision Ind. Co. Ltd

3.Name of the reporting media: Economic Daily

4.Content of the report:

According to the mutual agreement between Nanjing Municipal Government and Hon Hai/Foxconn Group, the Group will establish handset manufacturing center, handset back-end module manufacturing center, LCD smart TV manufacturing and R&D center, semiconductor equipment manufacturing, smart device R&D center and supply chain logistic base, with total investment abount exceeding RMB37.5 billion (over NT$170 billion).

5.Countermeasures:

The projects are subject to the Board Meeting's approval and will be conducted in compliance with related regulations.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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