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On the evening of October 15, Hon Hai announced on the exchange that its subsidiary Foxconn Assembly Holding Corporation acquired shares in Q-Edge Corporation with an investment amount of 537 million US dollars. Hon Hai indicated that the purpose was long-term investment. In late August, Hon Hai announced a capital increase of its subsidiary Q-Edge Corporation by approximately US$188 million. According to the Hon Hai Annual Report, Q-Edge Corporation was established in Houston, Texas in May 2000.
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On the evening of October 15, Hon Hai announced on the exchange that its subsidiary Foxconn Assembly Holding Corporation acquired shares in Q-Edge Corporation with an investment amount of 537 million US dollars. Hon Hai indicated that the purpose was long-term investment. In late August, Hon Hai announced a capital increase of its subsidiary Q-Edge Corporation by approximately US$188 million. According to the Hon Hai Annual Report, Q-Edge Corporation was established in Houston, Texas in May 2000.
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