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Foxconn to invest more than $260 million in China

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DQW Bureau
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face="Times New Roman, serif">The

Foxconn Group on October 19, has announced its plans to invest

$260.718 million to set up two new subsidiaries and add investment in

five existing subsidiaries in China. The plan would include $15

million investment in
face="Times New Roman, serif">Chongqing,

western China, whose main product line would include switches and

routers. The Foxconn Group is also intending to invest $50 million in

another subsidiary in Huizhou, southern China, whose products would

include PCs.

color="#000000">


Foxconn Group: Planned investment in China



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color="#000000"> size="2">Investment
(US$m)                    


color="#000000"> size="2">Existing subsidiary   (Location)

                          

style="font-size: 9pt;" size="2">Main product line

color="#000000"> size="2">22                                                    

style="font-size: 9pt;" size="2">Zhengzhou,

northern                                               

style="font-size: 9pt;" size="2">Handsets

80                                      

style="font-size: 9pt;" size="2">Zhengzhou,

northern                                               

style="font-size: 9pt;" size="2">Handsets


80                                      

style="font-size: 9pt;" size="2">Chengdu,

western                                      

            
color="#000000"> size="2">Tablet PCs face="Arial, serif">

            




10.718                               

style="font-size: 9pt;" size="2">Huai-an, eastern                                        

style="font-size: 9pt;" size="2">PCBs




3                                        

style="font-size: 9pt;" size="2">Shenzhen        

                   

                   

                 
color="#000000"> size="2">Precision molds


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