Taiwan fines Foxconn for unauthorised China investment

TAIPEI (Reuters) - Taiwan's economy ministry said on Thursday it had fined Foxconn, the world's largest contract electronics maker, T$10 million ($329,088) for making an unauthorised investment in embattled Chinese chip conglomerate Tsinghua Unigroup.

Taiwan's government, which needs to clear all outbound investments, had not approved the deal.

($1 = 30.3870 Taiwan dollars)

(Reporting by Meg Shen and Ben Blanchard; Editing by Jan Harvey)