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Foxconn would need permission from the government of Taiwan if the world’s largest contract electronics manufacturer were to invest in Chinese chip conglomerate Tsinghua Unigroup, according to a government official. According to reports, the Taiwan-based firm plans to spend CNY 9.8 billion (roughly Rs. 11,600 crore) for a stake in Unigroup.Foxconn would need permission from the government of Taiwan if the world’s largest contract electronics manufacturer were to invest in Chinese chip conglomerate Tsinghua Unigroup, according to a government official. According to reports, the Taiwan-based firm plans to spend CNY 9.8 billion (roughly Rs. 11,600 crore) for a stake in Unigroup.
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