Breaking Kenya News Forum

Topics

Foxconn to switch to cars making

Foxconn, or Hon Hai Technology Group as it is officially known, started off in 1974, making knobs for TVs. Now it is one of the world’s most powerful technology companies, with an annual revenue of $200bn (£158.2bn). It is best known for making more than half of Apple’s products  from iPhones to iMacs  but it also counts Microsoft, Sony, Dell and Amazon among its clients. iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations. The scenarios could include attempts by Beijing to blockade Taiwan, which it claims as part of China, or worse, to invade the self-ruled island. Is the US-China soar relationship going to unprecedented levels ?

Leave a Reply

Your email address will not be published. Required fields are marked *.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>