As it stands, Foxconn’s role in the production of Apple’s products is more or less in assembling. They receive the components from Apple’s suppliers and piece together the final product which they then ship back to Apple where the company then puts it on sale. However it seems that Foxconn wants a bigger slice of the Apple pie.
According to a report from The Wall Street Journal, their sources have informed them that Foxconn could be thinking about helping Apple build their displays as well. At the moment companies such as Sharp, LG Display, Japan Display, and Samsung are responsible for the creation of displays used in Apple’s products.
However if the rumors are true, Foxconn is said to be considering building a new factory in Zhengzhou, China, which would be used to help with the display production. This new factory is said to cost a whopping $5.7 billion which is why the company is said to be in talks with the local government to persuade them to invest in their project.
Now the production of displays is a pretty big role and we’ve seen how Apple has cut off suppliers when they don’t meet the yield rates required by Apple. Failure to produce in a timely manner will also lead to the delay or products, which is why we have to wonder whether Foxconn, with its lack of experience in this area, will be up for it.
However this isn’t the first time we’ve heard of Foxconn’s interest. Earlier this year there were rumors that Foxconn was interested in helping Sharp in producing iPhone displays.