Foxconn Technological Group on October 25, 2012 signed a letter of investment intent with Chongqing Municipal Government to establish a hi-tech smart TV module & completed TV integration project.
The project will bring an annual production capacity of 3 million liquid crystal modules and TVs, with a sales revenue of over 12 billion yuan per year.
Guo Taiming, president of Foxconn Technological Group, expressed his gratitude to the support from the Ministry of Commerce, the CPC Chongqing Municipal Committee, and Chongqing Municipal Government.
Guo also said that Foxconn would bring more hi-tech projects to the city in the future, in order to boost the development of Chongqing’s hi-tech industry.
Liu Wei