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[$$] Foxconn Pursues Chip Ambitions With Plans for China Plant

BEIJING—Foxconn Technology Group is making a new push into semiconductors, teaming up with a local government in China’s Pearl River Delta to build a chip fabrication plant, people familiar with the matter said Friday. The city of Zhuhai announced on its website Friday that Foxconn would work with it in the field of chip and semiconductor equipment design, but gave no further details. Foxconn said it is developing plans within the partnership, which includes “other stakeholders” in the city.