The Foxconn Group on October 19 announced plans to invest US$260.718 million to set up two new subsidiaries and add investment in five existing subsidiaries in China.
Foxconn Group: Planned investment in China |
Investment (US$m) | Location of subsidiary | Main product line |
To be established | Existing subsidiary |
15 | Chongqing, western China | | Switches, routers |
50 | Huizhou, southern | | PCs |
22 | | Zhengzhou, northern | Handsets |
80 | | Zhengzhou, northern | Handsets |
80 | | Chengdu, western | Tablet PCs |
10.718 | | Huai-an, eastern | PCBs |
3 | | Shenzhen | Precision molds |
Source: Company, compiled by Digitimes, October 2010