Foxconn Said to Target Wearables With New Startup Fund

Foxconn Technology Group, maker of iPhones and iPads, is launching an investment fund to finance startups developing new kinds of wearable computers, according to two people familiar with the project.

Syntrend Creative Park Co., a Foxconn unit, will administer the NT$200 million ($6.8 million) fund and select participants for a trial in the first quarter

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