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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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