From “simple” real-world smartphone maker to real-world mobile market: this is the fate that could touch Foxconn.
According to Terry Gou, founder and CEO of the Taiwanese company, Foxconn would be planning smartphone production with its own brand, confirming insistent rumors for several months.
The basis for that decision would be the ever-lowering gains that the saturated market is able to secure to the Asian giant, and it is in this light that the recent acquisitions by Foxconn (Sharp, part of Nokia Corporation and Short, even Toshiba), which allowed them to access know how and patents.
It remains to be understood how the Asian company intends to manage its own event in the smartphone market without “offending” Apple, one of its main customers, who will almost certainly not see the birth of a new, fearsome rival.