Source: DIGITIMES

Tsinghua Unigroup: Foxconn continues to plan for China after cutting ties with Tsinghua Unigroup

On December 16, the Foxconn group made a major announcement, stating that it will be selling its entire stake in China's Tsinghua Unigroup. Foxconn's sudden announcement has certainly got the outside world wondering about the future direction of the group's investments in China. However, looking closely at Foxconn's recent development strategy, the suspension of investment in Tsinghua Unigroup will not likely affect the group's future business direction.

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Est. Annual Revenue
$10-50B
Est. Employees
10-50K
Zhao Weiguo's photo - Chairman & CEO of Tsinghua Unigroup

Chairman & CEO

Zhao Weiguo

CEO Approval Rating

79/100

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