Electronics Production | October 08, 2007
Foxconn to invest in G-Tech
According to Foxconn spokesman Edmund Ding, Foxconn will invest in G-Tech Optoelectronics through a private placement.
With this investment Foxconn will venture into the touch panel business. Foxconn will become the largest corporate shareholder in G-Tech, with a equity of 42.44% in G-Tech.
According to Ding, G-Tech plans to expand its business to include the development of touch panels in addition to its current main production lines.
According to Ding, G-Tech plans to expand its business to include the development of touch panels in addition to its current main production lines.
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