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Foxconn could soon be making their own devices, wants to move away from contract manufacturing

Foxconn wants to move away from contract manufacturing, could be a competitor to both Apple and Samsung in the future

| Business, Financial & Legal News | Posted: May 28, 2013 10:29 am

Foxconn within a few years could be a completely different company, with unnamed sources talking to The Wall Street Journal saying that Foxconn is "is moving aggressively to add new clients and is looking at ways to diversify beyond contract manufacturing".

 

TweakTown image news/3/0/30635_01_foxconn_could_soon_be_making_their_own_devices_wants_to_move_away_from_contract_manufacturing.jpg

 

This move also includes "reviewing plans to sell its own brand of electronics accessories to improve profit margins". We don't know if the Foxconn made devices would compete with the likes of Samsung Apple, but this would definitely be an avenue I'm sure they're looking at right now.

NEWS SOURCES:Bgr.com

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