Hon Hai Precision Unit Acquires Saigon STEC for $10 Million

MT Newswires Live

2025/01/20

Hon Hai Precision (TPE:2317) unit Fullertain Information Technologies acquired a 100% stake in Saigon STEC for $10.4 million, according to a Friday Taiwan Exchange filing.

The stake will be purchased from Sharp Sensing Technology.

The deal aims to expand the chipmaker's business.

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