Like several other Taiwanese firms that operate factories at home and in China, Foxconn churns out electronic devices on behalf of a number of Western companies. By tapping into cheap Asian labour, Apple, Samsung and other consumer-electronics giants have been able to drive down the prices of their phones and other gadgets, broadening their appeal to consumers. A handful of insurgent Asian firms, including China’s Huawei and Taiwan’s HTC, which make devices that run on Google’s Android mobile operating system, are using their cost advantage to build their own global brands.
via economist.com
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