
TAIPEI -- Hon Hai Precision Industry will use the planned listing of a key Chinese unit to bankroll efficiency-boosting automation investments as sinking profits force it to rethink its old labor-heavy model.
Major iPhone assembler to fund upgrades with proceeds from IPO of core unit
TAIPEI -- Hon Hai Precision Industry will use the planned listing of a key Chinese unit to bankroll efficiency-boosting automation investments as sinking profits force it to rethink its old labor-heavy model.
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