Foxconn says no ‘definitive agreements’ for new India investment

Foxconn said in a statement on Saturday that no deals had been finalised during chairman and CEO Young Liu’s visit to India from February 27 to March 4. “Foxconn has not entered into binding, definitive agreements for new investments during this trip,” the statement said. “Negotiations and internal review are ongoing. Financial investment sums discussed in media are not information being released by Foxconn.”

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