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Is Hon Hai Precision Industry Co., Ltd. a state-owned enterprise?
No, according to official website of the State Administration for Industry and Commerce, Hon Hai Precision Industry Co., Ltd. is a private enterprise in Taiwan Province Province, not a state-owned enterprise. Hon Hai Precision Industry Co., Ltd., full name Tengzhou Hon Hai Precision Machine Tool Co., Ltd., was established in August 2006. It is a high-tech enterprise specializing in the production and sales of R&D CNC machine tools.
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