JF Technology to partner with a Chinese smartphone giant to set up plant in China, sources say

JF Technology to partner with a Chinese smartphone giant to set up plant in China, sources say

The Edge Markets - Malaysia·2020-10-23 23:28

KUALA LUMPUR (Oct 23): JF Technology Bhd, whose share price soared to a record high today, will be partnering with a Chinese smartphone giant to set up a manufacturing plant in China, according to sources familiar with the plan.

The new investment is for the ACE Market-listed company to set a foothold in China. It is understood that the rationale to invest in a manufacturing plant in the mainland is to get a chance to be part of the supply chain in China's semiconductor industry.

……

Read full article on The Edge Markets - Malaysia

Business

Comments

Leave a comment in Nestia App