Foxconn Hoping To Make Future Iphone Screens Get More Of The Apple Pie
iPhone assembler Foxconn is apparently hoping to move beyond its relatively low-margin work into more profitable high-end component manufacturing in order to take a bigger slice of revenue from Apple, reports the WSJ. Foxconn already manufactures some iPhone components, but currently only low-margin ones like metal casings and cables … Apple Inc.’s major assembler Foxconn is in preliminary discussions with a provincial government in northern China for an investment in a new factory that would make high-end screens for iPhones and other mobile devices, people familiar with the talks say....