US VC firms link with Foxconn holder Hon Hai
Three California-based venture capital firms have linked with Taiwan’s Hon Hai Precision Industry Co. - the world’s largest electronic manufacturing company and owner of the embattled Foxconn International Holdings - to aid the development of new products in the future, Hon Hai Chairman Terry Gou announced.
Hon Hai has specifically signed an MOU with DCM, New Enterprise Associates and Onset Ventures, Gou said, that enables the firms' portfolio companies and Hon Hai to share access to new technology products,...
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