You are here

Foxconn confirms US investment; Softbank soars

They are involved in a US$50b deal announced by Donald Trump in New York, alongside Softbank CEO Masayoshi Son

Foxconn, also known as Hon Hai, employs around a million workers at its factories across China and has operations in more than 10 countries including Vietnam, Brazil and Mexico.


TAIWAN'S tech giant Foxconn confirmed on Wednesday that it was in talks over a new US investment, while SoftBank shares soared after President-elect Donald Trump unveiled a US$50 billion deal with the two firms.

Mr Trump announced the agreement - which he said would bring 50...

Market voices on: