Foxconn confirms they will set up plant in Russia
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Foxconn Electronics (Hon Hai Precision Industry) spokesman Edmund Ding has confirmed that the company will set up a PC assembly plant in Russia, according to a Chinese-language Economic Daily News (EDN) report.
The planned joint venture (JV) will help upgrade the relationship between Foxconn and HP to a strategic alliance level which in return, could undermine HP’s business relationship with other Taiwan-based OEM providers, including Asustek Computer and Elitegroup Computer Systems (ECS), the paper noted.
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