Global manufacturer of computer components and systems, Foxconn has announced their joint venture with China-based games developer Netdragon Websoft and investment firm Vision Knight Capital (China) Fund through its subsidiary Foxteq Holding. Foxconn will invest a total of US$33 million.
Foxteq will have a 45-per cent stake in the joint venture, Netdragon 49 per cent and Vision Knight 6 per cent.
The new joint venture will focus on developing education tablets. The products will initially target China and gradually expand to other countries in Asia.
Image Gallery
Foxconn to develop Tablets in Education Sector
