Foxconn Industrial Internet Co Ltd (FII, ????????) has invested 9.8 billion yuan (US$1.46 billion) in state-backed Chinese chip company Tsinghua Unigroup (????) through a private equity fund. The Shanghai-listed server and networking devices firm, which is 85 percent owned by Hon Hai Precision Industry Co (????), is planning to invest in the semiconductor industry. It now holds a 15 percent stake in Tsinghua Unigroup through the newly formed Xingwei (Guangzhou) Industrial Investment Partnership Ltd (????????) fund. Created in March along with Beijing Zhilu Asset Management Co (????????), the fund is one of 10 equity funds comprising Beijing Zhiguangxin Holding Co...