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Hon Hai Unit to Spend NT$47 Billion on China Stores, Daily Says

July 11 (Bloomberg) -- Hon Hai Precision Industry Co.’s unit Cybermart International plans to spend NT$47 billion to open electronics retail stores selling Apple Inc. products in China, the Economic Daily News reported, citing the unit’s Chairman Steve Chang.

Link to Company News:{2317 TT <Equity> CN <GO>} Link to Company News:{AAPL US <Equity> CN <GO>}

To contact the reporter on this story: Andrea Wong in Hong Kong at awong268@bloomberg.net

To contact the editor responsible for this story: Janet Ong at jong3@bloomberg.net

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