Foxconn switches from Chinese ownership to Hong Kong ownership
Foxconn’s Chinese subsidiaries are about to be owned and registered in Hong Kong.
According to DigiTimes The Foxconn Group has decided to overhaul its investment structure in China by putting all of its Chinese subsidiaries under the auspices of its holding companies in Hong Kong, according to a company filing with the Taiwan Stock Exchange (TSE). According to DigiTimes Foxconn apparently wants to leverage tax incentives enjoyed by Hong Kong-based companies in China.
Seho appoints new Technical Director
Thomas Herz is assuming the duties of Technical Director for the Selective Soldering Department at Seho Systems, effective immediately, the company announced today.
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Endicott partners with Eltek in Israel
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Cliff Electronics wins US counterfeit case
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