HONG KONG (Reuters) -- Taiwan's Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup.
Xingwei to unload holdings for $771m

Foxconn, the world's largest contract electronics maker, will sell its equity stake in Tsinghua Unigroup held through a subisidary. © Reuters
HONG KONG (Reuters) -- Taiwan's Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup.