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Thailand's PTT to reduce stake in joint venture with Foxconn

Joanna Gao, Taipei; Jingyue Hsiao, DIGITIMES Asia Tuesday 26 November 2024 0

Credit: Foxconn

Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint venture company Horizon Plus, established in 2021 with Foxconn Technology...

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