Hon Hai Precision, Taiwan's largest electronics parts maker, has signed a deal to buy Dell's factory in Poland to produce desktop computers, servers and other storage devices.

In a statement published late on Wednesday, Hon Hai said PCE Paragon Solutions Kft., one of its units, has signed a contract to buy the facility with Dell Global B.V. and Dell International Holdings VIII B.V., and that the parties would complete the sale late next year.

Hon Hai declined to provide financial terms or further details, but the Chinese-language Commercial Times reported on Thursday that Hon Hai could spend less than T$10 billion ($310 million) on the purchase.

Officials at Dell's Taipei office were not immediately available for comment.

Hon Hai is a key supplier to many of the world's top technology brands, which typically do their own design work but outsource the labour-intensive manufacturing process to contract makers.

Hon Hai shares were up 0.7 percent in early trade on Thursday, consistent with the broad market .

(Reporting by Ralph Jennings and Argin Chang; Editing by Jonathan Hopfner)

Electronics Foxconn Dell Poland