22 April 2019

Hon Hai telecom unit seeks strategic partners, report says

Terry Guo, chairman of Taiwan’s Hon Hai Precision Industry Co. Ltd., said Thursday that the group’s telecom subsidiary Ambit Microsystems Corp. is seeking strategic partners after winning a 4G telecom license in Taiwan, Taipei Times reported Friday. The strategic partners could be overseas entities, he was quoted as saying. The company is developing software, operating systems and cloud-computing-based services which will be delivered on the high-speed network. Meanwhile, it plans to upgrade its software development center in Kaohsiung into a digital convergence center, the report said.

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