News this week: Leading contract electronics manufacturer, Hon Hai
Precision Industry Co. which
trades under the name Foxconn Technology Group, will reportedly launch a new B2B
trading platform in March.
According to media
reports, the company’s B2B e-commerce platform will be named “B2B Foxconn.com”
and will focus on the trade of semi-finished electronics products. The
manufacturer’s diversification into e-commerce is reportedly part of its
strategy to provide more value-added services to clients.
Foxconn’s revenues
in the fourth quarter of 2013 grew 45% over the previous quarter to reach
US$43.9 billion (NT$1.33 trillion). The company’s major client, Apple
Inc., accounts for more than
40% of its total sales.
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