BRIEF-Hon Hai To Set Up JV With Fiat Chrysler On Electric Vehicles, Internet Of Vehicle

Jan 16 (Reuters) - Hon Hai Precision Industry Co Ltd :

* SAYS IT PLANS TO SET UP JV WITH FIAT CHRYSLER AUTOMOBILES NV TO DEVELOP AND PRODUCE ELECTRIC VEHICLES, INTERNET OF VEHICLE

* SAYS ITS DIRECT HOLDING IN THE JV WILL NOT EXCEED 40% Source text in Chinese: https://bit.ly/2TAyUTo Further company coverage: (Reporting by Hong Kong newsroom)