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Key iPhone assembler Foxconn invests $120 million in Didi Chuxing

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  © Reuters
DEBBY WU, Nikkei staff writer | China

TAIPEI -- Key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is making an investment in China's online car-hailing service Didi Chuxing, four months after its client Apple Inc. made a $1 billion bet on the Chinese startup.

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