Technology Jul 24, 2020 03:25 PM (GMT+8) · EqualOcean
Chinese display maker BOE Technology Group will become unprofitable affiliate Electronics Holding Industry Investment's second-largest shareholder, purchasing a 17 percent stake in the Beijing-based industrial investment platform for CNY 100 million (USD14.3 million) to have a total of 33 percent of its equity. EHII will help BOE find merger and acquisition opportunities in upstream and downstream IoT supply chains to boost its core competitiveness and profitability, the company addressed.
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