When a company is doing well, it is natural that those around it also benefit. This is the case of Apple, which yesterday released its best fiscal quarter in history and saw its stocks skyrocket. No wonder that Foxconn's results have also become quite positive, closing 8.4% higher than normal in mid-Tuesday in China.
Photo: Bert van Dijk (via Flickr)According to MarketWatch, Hon Hai Presicion Industry, Foxconn's largest shareholder, plans to soon build a $ 1 billion factory in the land of spring rolls most likely to meet growing demand from customers like Apple.
Considering that it is the main manufacturer of the iPhone, it is probably responsible for not being able to meet the current avalanche of orders for the product and that it may also be responsible for the alleged iTablet, the rumors make a lot of sense. As much as it is legal for Apple to say that the demand for a certain product exceeds its offer, the ideal is that we, consumers, do not have to face difficulties to make purchases due to lack of stock.
(via 9 to 5 Mac)
