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News about Hon Hai Precision Industry
Republicans say a proposed plant will bring jobs, critics say it's rushed and could be damaging.
Along with its supplier Foxconn.
A failure to complete the sale, approved today, could wipe out shareholder equity.
The company is backed by Tencent and Hon Hai Precision Industries.
It would be the first time the tech giant had sold bonds in Taiwan, the home to its supply chain.