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Foxconn, Mitsubishi Electric finalize alliance for automotive equipment business
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Foxconn, Mitsubishi Electric finalize alliance for automotive equipment business
Under the agreement, Mitsubishi Electric will transfer to Lin Yin 50% of its stake in Mitsubishi Electric Mobility, which handles Mitsubishi Electric’s automotive equipment business, after which the two co-owners will jointly operate Mitsubishi Electric Mobility.
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