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.
Tsinghua Unigroup is a China-based manufacturer and supplier of products such as processors, storage devices and network equipment for industrial applications.