TAIPEI -- A Foxconn subsidiary is purchasing a majority share in PCE Technology de Juarez, an electronics manufacturing services company focused on consumer electronics, for $361 million.

ECMMS Precision Singapore has obtained a 84.5% stake in PCE Technology, Foxconn said.

PCE was founded in April 2008 and is located minutes south from the US border and El Paso, TX.

Just minutes east of PCE, Foxconn also operates a massive campus in Juarez and its FIH Co. subsidiary is expanding in Mexico this fall.

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