Foxconn unit to buy Belkin for $866m in push for branded goods

Foxconn unit to buy Belkin for $866m in push for branded goods

REUTERS/Tyrone Siu/File Photo

FIT Hon Teng Ltd., part of the contract manufacturing giant Foxconn Technology Group, agreed to buy Belkin International Inc. in the latest move by billionaire Terry Gou to expand in branded goods.

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