Foxconn shares slide to 6-month low in Shanghai after US launches probe
12/10/2026 02:44
BUZZ-Foxconn shares slide to 6-month low in Shanghai after US launches probe ** China-listed shares of Foxconn Industrial Internet 601138.SS slump after the company said it was targeted in a US patent infringement investigation
** The US International Trade Commission (ITC) launched a Section 337 investigation into the company over patent infringement claims brought by US company Vicor Corp, Foxconn said on Saturday
** The stock slides as much as 7% to a six-month low in early trade before covering some losses
** Foxconn said the US investigation has no material impact on the company’s current production, operations or performance
($1 = 6.3269 Chinese yuan)
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