Brief: Foxconn In Agreement With Yulon Motor's Unit To Form Auto JV

Yulon Motor Co

07/02/2020 11:39

Feb 7 (Reuters) - Hon Hai Precision Industry Co Ltd
 2317.TW :
    * SAYS IT IS IN STRATEGIC AGREEMENT WITH YULON MOTOR CO
LTD'S
 2201.TW  UNIT TO SET UP AUTO JV
    * SAYS IT WILL INVEST T$7.9 BILLION  ($262.01 million) IN
THE JV
WHILE YULON MOTOR'S UNIT WILL INVEST T$7.6 BILLION

Source text in Chinese: https://bit.ly/3blVTYP
Further company coverage:  2317.TW 

($1 = 30.1520 Taiwan dollars)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-28436901; Reuters Messaging:
meg.shen.thomsonreuters.com@reuters.net))