Retail in Asia

In Markets

Foxconn has high hopes of taking up Nokia handset manufacturing plants

Taiwan-based EMS firm Foxconn Electronics (Hon Hai Precision Industry), owning to its financial strength, has a better chance than rivals Elcoteq and Jabil to take up the handset manufacturing business from Nokia should the world’s top handset vendor decide to sell its handset plants in the future, the Chinese-languagequoted sources at securities houses as indicating.

(Source: Digitimes)