According to a published report on Monday, Foxconn is looking to branch out to provide content and software for the devices it assembles. Foxconn has already bolstered its R&D center in south Taiwan by hiring software engineers to develop mobile applications, server based cloud-computing technology and apps for the upcoming smartwatch explosion. The company is also planning on producing cables, keyboards and headphones under the Foxconn brand.
Trying to capitalize on the higher margins at retail,Foxconn will work on developing an online platform to sell the products it creates. Foxconn will also open stores in China that will allow customers to test the products it sells online.