TAIPEI -- Key iPhone assembler Foxconn on Wednesday defended its investment in Beijing-backed Tsinghua Unigroup, saying the public has "misunderstood" the nature of the Chinese tech conglomerate.
Public has 'misunderstood' nature of Tsinghua Unigroup, says Taiwan tech titan

Taiwanese electronics assembler Foxconn's $800 million investment to take a 10% stake in China's Tsinghua Unigroup is under review by regulators on the island. © Reuters
TAIPEI -- Key iPhone assembler Foxconn on Wednesday defended its investment in Beijing-backed Tsinghua Unigroup, saying the public has "misunderstood" the nature of the Chinese tech conglomerate.