Foxconn Electronics (Hon Hai Precision Industry) on May 26 announced that its wholly owned subsidiary Ambit Microsystems, one of the six next-generation (4G) mobile communication licensees, signed a letter of intent with Asia Pacific Telecom, also a 4G licensee, for subscription of 582.888 million new shares from the latter at NT$20 (US$0.66) per share, accounting for 70.53% of 826.407 million of the new shares to be issued by Asia Pacific Telecom for private placement.
from DIGITIMES: IT news from Asia http://ift.tt/1hsLQ0R
via Yuichun
from DIGITIMES: IT news from Asia http://ift.tt/1hsLQ0R
via Yuichun
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