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Foxconn unit FIH Mobile makes record loss in 2017

Another Hon Hai unit gets fast-track approval to list in Shanghai

A man walks past a logo of a Foxconn factory in Wuhan, Hubei province.   © Reuters

TAIPEI -- FIH Mobile, a unit of Hon Hai Precision Industry that makes Android phones, said on Thursday it made a record loss in 2017 due to poor-performing investments, higher costs for new businesses and a deteriorating margin.

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