An arm of Taiwanese manufacturing giant Foxconn Technology Group has agreed to buy Los Angeles-based Belkin International Inc. in the latest move by Foxconn’s billionaire chief executive, Terry Gou, to expand into branded goods.
FIT Hon Teng Ltd. will pay $866 million in cash for Belkin, a maker...
from Technology - Los Angeles Times https://ift.tt/2pIRyrZ
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