June 30, 2014 / 2:05 AM / in 3 years

Hon Hai buys 4.9 pct stake in South Korea's SK C&C

TAIPEI, June 30 (Reuters) - Hon Hai Precision, the world’s biggest electronics component maker, said on Monday it has bought a 4.9 percent stake in SK C&C for 381 billion won.

Hon Hai, the major supplier of iPhones and iPads, paid 155,500 won per share for the stake, which was for “long-term investment”, according to a company statement.

Reporting by Faith Hung; Editing by Paul Tait

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