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Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd (OTC: HNHAF), also known as Foxconn, said Thursday that it was buying a semiconductors plant from Macronix International in a deal worth $91 billion. What Happened: The two Taiwan-based companies signed an Asset Transaction Agreement worth NT$ 2.52 billion, or $90.7 billion, — the deal is expected to be closed by the end of this year, as per a Foxconn statement.
...read full article on Benzinga
