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Foxconn shares jump after Gou's White House visit

On 7-day winning streak, iPhone assembler's stock closing in on NT$100

HONG KONG -- Taiwan-listed shares of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, surged to a year-to-date high, following media reports that Chairman Terry Gou visited the White House.

The Nikkei Asian Review in the wee hours of Friday morning Japan time reported that a meeting between Gou and U.S. President Donald Trump would take place. Afterward, various news organizations, including The Washington Post and Taiwanese cable news station TVBS carried news of Gou's White House visit.

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