Taiwan’s Foxconn plans to invest in Czech Republic
Taiwanese electronics supplier Foxconn plans to invest “billions” of crowns in the Czech Republic, the country’s industry ministry said on Monday.
Foxconn’s investment should include a research and design centre, its only such facility in Europe, the ministry said. It did not specify the exact investment amount.
The Czech government and Foxconn will sign a memorandum on cooperation on July 21 at a meeting of Czech Prime Minister Bohuslav Sobotka and Foxconn founder Terry Gou.
(Reporting by Robert Muller; editing by Susan Thomas)