


| Hon Hai brings NT$7bn home for 5G investment |
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Hon Hai Precision Industry Co (鴻海精密) on Thursday said it had remitted NT$7 billion (US$229.4 million) to Taiwan from overseas to raise its stake in subsidiary Asia Pacific Telecom Co (APT, 亞太電信). The world’s largest contract electronics maker said that it would use the funds to push its initiative to develop 5G technology through APT.
Posted: 2019-11-24 18:56:00
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