21st Sep 2012 07:00
Subject: Clarify on media reporting
Contents:
1.Name of the reporting media: Commercial Times and Economic Daily
2.Date of the report:2012/09/20
3.Content of the report:
3.1 To restart the good relationship, Foxconn project in Brazil will sign M.O.U.
3.2 Hon Hai investment in Brazil will be adding extra 14.5 Billions
4.Company's explanation of the reportage or provided information:
4.1 The company's subsidiary in Brazil's name FOXCONN CMMSG INDUSTRIA DE ELETRONICOS LTDA has plan to sign the MOU of investment cooperation with San Paulo State government on September 20, 2012, to enhance its Brazil existing manufacturing operation and development.
4.2 All the related investment projects in Brazil based on the MOU will be executed by company's evaluation process internally and to comply the rules and regulations of government.
Related Shares:
Hon Hai Precsn