Apple iPhone supplier Foxconn said that its semiconductor strategy is to focus on specialty chips, instead of competing in the race for cutting-edge chips.
Foxconn, or officially known as Hon Hai, said that it will focus on "specialty chips" instead of competing in the high-tech chip race.
Specialty chips are known as semiconductors found in sectors such as automotive and internet of things. Chips for automotive uses are typically made using Hon Hai Technology Group is the world's largest contract electronics manufacturer that assembles consumer products like Apple's iPhones. But in the last couple of years, the Taiwanese firm has
"Our strategy is we attack all. Component module platform makes our cost very competitive. This is an area that makes traditional auto OEMs profitability very poor, he said referring to original equipment manufacturer, which are products sold to other companies as components.
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