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Foxconn rumored to be quitting branded motherboard market
Foxconn Electronics (Hon Hai Precision Industry) is planning to quit the branded motherboard market, according rumors circulating from sources at channel vendors in China. Foxconn responded in saying it has heard nothing regarding the speculation. With the growth Foxconn has had in recent years it would seem highly unlikely that Foxconn would get out now when they are seeing 30% growth year over year in an economy like this.
The sources commented that Foxconn recently told its sales department to stop taking orders for some motherboard models, and to stop gathering order volume forecasts for all new models, implying that the company is clearing out its inventory. The sources also added that Foxconn is making the adjustments with a very low profile and will not make an announcement since that could impact its inventory clearing.
Posted by | Thu, Oct 30, 2008 - 08:55 AM
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