A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at a Tsinghua Unigroup research centre in Beijing on February 29, 2016. Photo: Reuters
Apple supplier Foxconn to sell stake in embattled Chinese chip firm Tsinghua Unigroup
- Foxconn said Xingwei, 99 per cent controlled by its China-listed unit, has agreed to sell its holdings for at least US$772 million
- Foxconn did not seek approval from the Taiwan government before the investment and authorities believe it violated a law governing relations with China
A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at a Tsinghua Unigroup research centre in Beijing on February 29, 2016. Photo: Reuters
