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Foxconn Expands Chip Business With White Knight Offer for SPIL

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By Tim Culpan

August 28, 2015 at 6:33 AM UTC

Updated on

August 28, 2015 at 11:49 AM UTC

This article is for subscribers only.

Foxconn Technology Group plans to acquire

21.2 percent of Siliconware Precision Industries Co., helping the chip company fend off a hostile bid while furthering the iPhone maker’s ambitions to diversify.