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Foxconn to invest in Korea-based SK Group

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES Asia 0

Foxconn Electronics (Hon Hai Precision Industry) has announced it will invest KRW380.98 billion (US$376.49 million) in SK C&C, an affiliate of Korea-based SK Group, to acquire 2.45 million shares or a 4.9% stake in the company.

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