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MoMagic Receives Investment From FIH Mobile Ltd

NEW DELHI, November 30, 2015 /— MoMagic Technologies, a key player in the mobile Internet market, today announced that FIH Mobile Limited (‘FIH’), a global technology company, has made an investment to acquire a 10% stake in MoMagic. A subsidiary of Foxconn Technology Group (‘Foxconn’ or ‘the Group’), FIH is investing in MoMagic, a MediaTek-invested technology company, to further strengthen FIH’s ...

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