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© mopic _dreamstime.com Electronics Production | July 11, 2016

Foxconn takes over Microsoft’s Vietnam phone factory

According to reports, Foxconn has – via one of its subsidiaries – acquired 100% of Microsoft Mobile's unit in Vietnam for USD 22 million.
The Taiwanese EMS giant will use the manufacturing facility to produce smartphones and feature phones in the country, according to a DigiTimes report.

The actual buyer of the Microsoft plant is Chief Expertise Limited, a unit under FIH Mobile, reports Deal Street Asia.

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