TAIPEI -- Foxconn Electronics will spend some $300 million toward acquisitions and investments in component-related businesses, according to published reports.

DigiTimes is reporting the contract electronics manufacturer's investments include $135 million to acquire various China-based OEMs of power adapters, PCBs handsets and servers.

Ed.: This article, quoting DigiTimes, originally called Foxlink a Foxconn subsidiary. It is not.

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