Hon Hai announced today that its subsidiary Shenzhen Yuzhan Precision Technology spent RMB 250 million to acquire a 5.88% stake in Beijing Lingyun Optical Technology Group.
Hon Hai stated that Yuzhan Precision Technology has invested in Beijing Lingyunguang Technology Group with its own funds and according to market conditions, mainly for long-term investment considerations.
Beijing Lingyun Optical Technology Group was established in 1996. According to the official website, the group is mainly committed to the innovation and invention of the two major optical technology directions of visual images and fiber optics. At present, there are 1,300 employees, of which approximately 36% are R & D personnel.
Beijing Lingyunguang Technology Group said that based on the accumulation of more than 20 years of experience in precision imaging technology, vision software technology, machine vision system and automation technology, it will build a future industrial artificial intelligence system and promote rapid industrial progress and development.
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