If you have not heard of Foxconn, this is something really easy to remember: Foxconn assembles iPhone for Apple. In fact, Foxconn is also OEM suppliers for many other products. For example, the 17-inch LCD display screen in the Tesla Model S, is build by Foxconn too.
Now, Foxconn is not satisfy with just building electronic gadgets – it also want some shares in the automobile industry, which means it wants to manufacture whole cars too. More specifically speaking, electric cars.
Foxconn has been working on this for some time, here are something it has done recently:
– An investment of $814 million to building a battery factory in Shanxi province, China;
– A contract with...
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