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iPhone assembler Foxconn gears up for China's biggest IPO since 2015

It wants the cash to fund projects including artificial intelligence and 5G wireless technologies

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The speedy listing underscores the anticipation around Foxconn that embodies billionaire Terry Gou's ambition of moving beyond assembling PCs and phones for the world's top electronic brands.

Beijing

HON Hai Precision Industry Co is racing ahead with an initial public offering (IPO) of its automated factory division that may become China's biggest debut since the 2015 stock market crash.

Foxconn Industrial Internet Co, a unit of Apple Inc's most important assembly

sentifi.com

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