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Explain media reporting

2nd Sep 2020 14:45

RNS Number : 8574X
Hon Hai Precision Industry Co Ld
02 September 2020
 

Subject: Explain media reporting

Date of events:2020/09/02

Contents:

1.Date of occurrence of the event:2020/09/02

2.Company name: Hon Hai Precision Ind. Co. Ltd.

3.Relationship with the Company (please enter "the company itself" or "subsidiaries"):

The company itself

4.Name of the reporting media: Economic Daily

5.Content of the report:

Microsoft, Foxconn Settle Dispute Over Patent Royalties, that both companies are going to forge a constructive new relationship

6.Countermeasures:

On Sept. 1st, 2020 - Microsoft Corp. and Foxconn today jointly announce that both companies are going to forge a constructive new relationship based on mutual and reciprocal business interests. As part of this new level of relationship, both companies have agreed to settle their respective legal claims including those pending in the California court.

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