6th Aug 2015 07:00
Subject: Explain media reporting
Date of events:2015/08/06
Contents:
1.Date of occurrence of the event:2015/08/06
2.Company name: Hon Hai Precision Ind. Co. Ltd
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Name of the reporting media: Commercial Times
5.Content of the report:
…Hon Hai and Gautam Adani Group will co-invest US$ 5 billion in India to set up Apple production line, while the joint venture aims to produce 400 million iphones per year in the future…
6.Countermeasures:
The company is evaluating all kinds of potential opportunities in India. To comply with regulatory requirements, the investments will have to go through necessary evaluation processes and need board's approval.
Related Shares:
Hon Hai Precsn