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.

@anthony256
Published Tue, May 28 2013 5:29 AM CDT   |   Updated Tue, Nov 3 2020 12:23 PM CST

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".

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

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 SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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