Foxconn euphemism denied that the company spin-off rumors
Against the company earlier about Foxconn might be split into three groups rumors of a subsidiary, Foxconn executives said the plan also require careful study, so the company has not yet formulated any plans to split. Earlier rumors that the company will split into three Foxconn Group, a subsidiary, which is three subsidiaries will be covered by a holding company’s total control. However, in 17 Foxconn report submitted to the Taiwan Securities and Futures Commission, they tactfully denied this claim, saying the media interest in the company of Foxconn was “grateful.” Foxconn rumored this is the attitude of rather dubious, according to their previous style, generally cold response to that rumor is not true.
According to “Next” magazine reported earlier, Foxconn Group, after the split, in which a group subsidiary will be responsible for the motherboard and connecting parts manufacturing business, while fully automated production line dedicated to the development of R & D team will also be included in this group, The group will stay in Taiwanese.
Another group will be responsible for Foxconn the company’s consumer electronics products, as well as networking equipment products in the mainland’s retail business and OEM business channels. The group will be mainly for the mainland market, so the group’s headquarters will be located in the mainland.
The third group will be key for the optical as well as the display business, in addition to LCD TV OEM business as well as LED display device R & D operations. Group was first formed, will remain in the Taiwanese development.
According to another report, Foxconn Group is also involved in plans to invest green energy industry, medical industry and bio-pharmaceutical industry.
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