Foxconn embiggens footprint with nearly a BEEELLION for Belkin Hon Hai Precision Industry's Foxconn Interconnect Technology (FIT) subsidiary has announced a deal to slurp Belkin International for US$866 million in cash. As well as Belkin's range of own-branded network, cable, cases, wireless networking, and other accessories, the acquisition will also bring the Wemo home automation, …
How is it "screwing over" companies to choose another supplier? If you owned a business where one client was responsible for 75% of your revenue, is the client screwing you over if they decide they don't need you anymore, or did you screw yourself by not finding more clients so you weren't so dependent on the one?
Anyway, Foxconn assembles stuff for many companies other than Apple, including many of the big names plastered on the side of PCs, games consoles, TVs and other consumer gear, so even if Apple decided they were going a different way after whatever their current contract is expires it wouldn't make much of a dent in Foxconn.
Torygraph story about opening a GPU R&D office a few miles from former supplier Imagination Technologies would also back up the OP.
I did read a story a few months ago detailing about 10 times Apple had opened up a new office near their suppliers which are then used as a base to poach employees. Unfortunately I can't find it but they do have form in that game.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
