According to Bloomberg News reports, Hon Hai Precision Terry Gou said Hon Hai shareholders meeting on Wednesday approved the Foxconn Industrial Internet in the Shanghai Stock Exchange listing plan.
He said Foxconn will raise funds for Internet technology after its listing on the Internet and set up artificial intelligence laboratories in Beijing, Shanghai, Nanjing and Shenzhen.
Terry Gou said Foxconn Industrial Internet will be the industry's largest Internet of Things in the world, while Foxconn will establish a global high-performance computing center.