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" ... Asian companies like Foxconn are used to working with a much more fluid planning and decision making style than most American or European firms. One could argue that this is consistent with the business they are in. As a contract manufacturer, they are primarily an assembler, and they sign agreements to manufacture things on a product by product basis. Their customers usually seek bids for every new product that comes along, and willingly switch suppliers if they can get a better price. Thus flexibility is key. A factory that was assembling a product for one customer one month might be completely reconfigured and doing something different a month later. ... "
" ... Foxconn Technology Group, the world’s largest contract assembler of consumer electronics including Apple’s iPhones, will invest in a British developer of digital, wearable medical devices as part of a longer-term diversification effort. ... "
" ... Microsoft and Foxconn Technology, the world’s biggest contract assembler of consumer electronics, said this week they had settled litigation over patent royalties in the United States and pledged new relations that suggest the American software giant plans to scale up its hardware business. ... "
" ... With the 5G era, we can imagine more possibilities when the food leaves the factory. Whether products are destined for a wholesaler or a supermarket, a restaurant chain or an assembler of recipe boxes, they would again be tracked and logged along the journey. And if shortages are detected in certain areas, developing 5G technologies could support rapid redirecting. ... "
" ... “The company likely views the EV space as a significant opportunity, given electric vehicles still make up a small fraction of total vehicle sales,” says Chris Robinson, Boston-based senior analyst with the market analysis firm Lux Research. “The company already manages complex supply chains as an assembler of many of the world's consumer electronics. It is also likely taking note many of those companies are forming strategies in the automotive space.” ... "