Foxconn International Holdings picks 10% stake in MoMagic Technologies
Q. Foxconn has picked up a 10% stake in which company on 30th November 2015 for strengthening the Taiwanese company’s presence in India?- Published on 01 Dec 15
d. None of the above
Foxconn has acquired a 10 percent stake in MoMagic Technologies for an amount which has not been publicly disclosed. MoMagic is a mobile internet company backed by Mediatek offering analytics—driven marketing solutions to enterprises, startups and e-commerce players. FIH subsidiary Wonderful Stars has acquired the stake in MoMagic.