✉news TechnologyInternet first seen 6 h ago, last 32 min ago, peak #23
Foxconn Industrial Internet Delays Plan to Cut Digiwin Stake
Original: Foxconn Industrial Internet Holds Off on Digiwin Stake Reduction
Foxconn Industrial Internet has decided to hold off on reducing its stake in Digiwin, the software unit linked to Hon Hai's industrial arm. The move signals the company is keeping its current shareholding in place for now. Investors are watching the decision for clues about Foxconn Industrial Internet's strategy around its software and industrial services business.
Why now: The company's reversal on a planned stake sale affects investor expectations for its software arm.
Foxconn Industrial InternetDigiwinHon Hai
Evidence
- Foxconn Industrial Internet Holds Off on Digiwin Stake Reduction · marketscreener.com
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