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Foxconn to Acquire 50% Stake in Mitsubishi Electric Mobility

Foxconn and Mitsubishi Electric finalized a strategic alliance to jointly operate Mitsubishi Electric Mobility. Foxconn will acquire a 50% stake.

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Hon Hai Precision Industry Co., Ltd. (2317.TW, HNHAF), also known as Foxconn, and Mitsubishi Electric Corp. (6503.T) said they had finalized a strategic alliance to jointly operate a…