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RE: LeoThread 2025-01-03 09:38

in LeoFinance5 days ago

Part 3/11:

Evidence points toward Foxconn potentially loosening its grip on mainland China. Reliable sources indicate that an undisclosed group has invested over 2 billion yen to acquire one of Foxconn's factories, putting into question the future of Foxconn’s presence in the Longi region. Once housing over 20,000 staff, the factory’s workforce has dwindled dramatically due to business difficulties, leading to significant reductions in local housing prices.