Foxconn eyes sale of US$8.8 billion China plant amid trade war woes

By Yimou Lee on Aug 5, 2019 7:03AM

Demand for product wanes amid an intensifying international friction.

Taiwan's Foxconn is exploring the sale of its new US$8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying US-China trade war. Foxconn, formally known as Hon Hai Precision Industry, is in talks to appoint ...

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