FB Pixel no scriptFoxconn to take 10% stake in TECO
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KrASIA
Jul
31

Foxconn to take 10% stake in TECO

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Foxconn is acquiring a 10% stake in TECO Electric & Machinery through a share swap, forming a partnership to co-develop integrated AI data center solutions. The move underscores Foxconn’s diversification beyond consumer electronics into AI, EVs, and semiconductors, amid growing global data center investment.
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