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February 27, 2017 05:33 am GMT
Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to go through March 1, after which time SoftBank Asia… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-_zDjYpZCcA/
Manufacturing giant Foxconn is taking over SoftBanks investment fund in Asia
Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to go through March 1, after which time SoftBank Asia… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/-_zDjYpZCcA/
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