HENAN, July 26 (Xinhua) -- Hon Hai Precision, a Taiwanese IT giant, has registered to build two factories in the central mainland province of Henan to produce cell phones and related devices, Henan commercial authorities said Monday.
"Registration work for Futaihua Precision Electronics (Zhengzhou) Co. Ltd. and Hongfujin Precision Electronics (Zhengzhou) Co. Ltd. was completed early this month," an official with the Henan Commercial Administration told Xinhua.
One factory involves investment of 100 million U.S. dollars while the other involves 120 million U.S. dollars.
The factories will produce 3G and new generation cell phones, base station systems, core network equipment and metal and non-metal moulds, according to the registration documents.
Hon Hai is the parent company of Foxconn, the world's biggest electronics contractor. It makes high-tech products like Apple's iPhone.
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