Foxconn, which trades as Hone Hai Precision Industry Co, said its founder and chief executive officer, Terry Gou, would join GoPro's board.
Reuters reported in July that GoPro, which makes wearable cameras used by surfers and extreme sports enthusiasts, was planning a public offering of $300 million to $500 million next year, citing sources close to the matter.
Foxconn manufactures products such as Apple Inc's iPhone and Sony Corp's PlayStation.
(Reporting by Sinead Carew; Editing by Lisa Von Ahn)
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