Retail in Asia

In Trends

Foxconn assisting China smartphone vendors, looking to reduce reliance on Apple

Despite having strong performance thanks to iPhone sales, Foxconn Electronics (Hon Hai Precision Industry) has been aggressively helping its China-based smartphone clients such as Xiaomi, Meitu, Oppo and Meizu boost their sales and is looking to increase the revenue contribution from non-Apple players, according to sources from the upstream supply chain.

(Source: DIGITIMES)