BEIJING–A unit of Foxconn Technology Group has agreed to buy smartphone and electronics accessories maker Belkin International Inc. for $866 million. The move disclosed Tuesday comes as Taiwan-based Foxconn, known as the contract assembler of Apple Inc.’s iPhones, seeks to bolster its consumer-branded operations. Privately held Belkin also...
Source: Wall Street Journal March 27, 2018 11:48 UTC