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China-based Luxshare to take up 51% stake in Merry subsidiary

Chia-Han Lee, Taipei; Steve Shen, DIGITIMES Asia Thursday 11 August 2016 0

The board of directors of headset maker Merry Electronics has approved a capital expansion project for its subsidiary in Suzhou, under which ICT-Lanto, a subsidiary of China-based Luxshare Precision Industry, will invest CNY530 million (US$79.74 million)...

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