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Hon Hai Precision Industry Co acquired the wireless telecommunications unit of Arqana Technologies BV to expand into RF semiconductors for electric vehicles and 5G applications. The unit will be merged with AchernarTek Inc to form iCana Ltd.
Hon Hai Technology Group (Foxconn) completed the acquisition of arQana's Wireless Telecommunications business, merging it with AchernarTek Inc. to form iCana, a global RF semiconductor component supplier.