Foxconn Technology Co., Ltd. (2354) May Launch A Smartphone Or Tablet Of Their Own

There are reports that the parent company of Foxconn Technology Co., Ltd. (TPE:2354), Hon Hai Precision, will be launching a branded mobile device of their own.  Hon Hai’s first branded device will be powered by the Firefox OS on June 3rd, according to a report by Reuters.  There is a chance that Hon Hai’s first branded device could be a tablet also.

Foxconn is generally known for manufacturing consumer electronics for Apple, Microsoft, and Google.  Hon Hai receives around 60% of their revenue building gadgets for Apple, but they are noticing that there has been less demand for iPhones and iPads.

Mozilla announced back in February that they are working with Alcatel, LG Electronics, and ZTE Corp. to build devices powered by Firefox OS.  Huawei Technologies will build Firefox devices later this year also.

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