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Electronics Production | June 05, 2007

Foxconn plans to build plant in Mongolia

Taiwan based EMS provider Foxconn plans to invest 30 billion Yuan to set up an assembly plant in Hohhot, Mongolia.

With this investment the company wants to cut shipment time to Europe. The cities major Tang Aijun told South China Morning Post. A spokesperson at Foxconn said that the company was "studying the investment opportunity" but declined to comment further.
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June 25 2019 8:13 pm V13.3.22-2