https://ift.tt/VB8yK7P Officials Reportedly Want Foxconn to Drop Stake in Chinese Chipmaker - Level tech

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Thursday, August 11, 2022

https://ift.tt/VB8yK7P Officials Reportedly Want Foxconn to Drop Stake in Chinese Chipmaker

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Apple supplier Foxconn invested $800 million (nearly Rs. XXX) in Chinese chipmaker Tsinghua Unigroup. However, the Taiwan's national security officials reportedly want Foxconn to drop its stake in the Chinese chipmaker. Taiwan's cabinet commission has yet to formally review the investments, stated the report.Apple supplier Foxconn invested $800 million (nearly Rs. XXX) in Chinese chipmaker Tsinghua Unigroup. However, the Taiwan's national security officials reportedly want Foxconn to drop its stake in the Chinese chipmaker. Taiwan's cabinet commission has yet to formally review the investments, stated the report.

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