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FIH to cut capex nearly 28% in 2009, says paper

Commercial Times, April 15; Steve Shen, DIGITIMES Asia Wednesday 15 April 2009 0

Foxconn International Holdings (FIH), the Hong Kong-listed handset subsidiary of Foxconn Electronics (Hon Hai Precision Industry), plans to cut its capex (capital expenditure) 27.5% from US$690 million in 2008 to US$500 million in 2009, the Chinese-language...

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