Foxconn invests $55.29 million in its Bengaluru-based Foxconn Precision Engineering Private Limited

According to a regulatory filing, Foxconn has invested $55.29 million in Bengaluru-based Foxconn Precision Engineering Private Limited.

Foxconn Precision Engineering was incorporated around six months ago.

However, the company has made the investment through its Singapore-based subsidiary Foxconn Singapore Pte Limited.