ZF Group partners with Foxconn to develop passenger-car chassis systems

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M&A

Foxconn acquires 50% stake in ZF Chassis Modules GmbH

ZF Friedrichshafen AG (ZF Group) and Hon Hai Technology Group (Foxconn) announced a 50-50 partnership in passenger-car chassis systems with an aim of accelerating and expanding automotive and supply chain opportunities with top-tier customers, the company announced July 24.

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