TAIPEI -- Foxconn plans to invest 9.8 billion yuan ($1.46 billion) in embattled Chinese chipmaker Tsinghua Unigroup as the world's top contract electronics maker further advances its push into semiconductors.
iPhone assembler eyes restructuring Chinese company to expand semiconductor foray
Contract iPhone manufacturer Foxconn has been delving deeper into semiconductors and electric vehicles. © Reuters
TAIPEI -- Foxconn plans to invest 9.8 billion yuan ($1.46 billion) in embattled Chinese chipmaker Tsinghua Unigroup as the world's top contract electronics maker further advances its push into semiconductors.