Foxconn to use proceeds from unit’s Shanghai IPO to fund $4 billion projects

Foxconn to use proceeds from unit’s Shanghai IPO to fund $4 billion projects Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said it plans to use proceeds from a Shanghai listing of one if its subsidiaries to fund eight projects totaling 27.3 billion yuan ($4 billion). In January, Foxconn, formally […]