Hon Hai Offloads 62.15% Stake in FIH Precision Electronics for 2.19 Billion Yuan

MT Newswires Live
04-28

Hon Hai Precision (TPE:2317) sold its 62.15% stake in FIH Precision Electronics (Langfang) to affiliated firm Shenzhen Futaihong for 2.19 billion yuan.

The sale will help the company adjust its equity structure, according to a Friday Taiwan Exchange filing.

The sale generated a gain of $9.68 million, the apple chip supplier said.

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