“Foxconn, a subsidiary of the Hon Hai Precision Industry Company, is being forced to find more efficient means of manufacturing Apple devices if it is to increase profit and increase its annual sales growth forecast, says company chairman Terry Gou,” The Next Web reports.
“Despite Apple’s extraordinary revenues over the past year, Foxconn has found it difficult to increase profit gains due to the fact that Apple devices are ‘very difficult to make,'” TNW reports. “However, the company has worked on making its processes more efficient and will positively begin to impact the company in the second half of this year, moving on into 2011.”
Read more in the full article here.
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[Attribution: Fortune. Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]