Foxconn to suspend share trading on July 30 pending major announcement

TAIPEI (Reuters) -Foxconn, also known as Hon Hai Precision Industry, said it will suspend share trading on July 30 pending a major announcement.

In Taiwan, companies typically halt trading ahead of announcements, including investments, asset sales and mergers or strategic partnerships, that could affect share prices.

(Reporting by Wen-Yee Lee; Editing by Kirsten Donovan)