Business Intelliegence on Product Quality, Supply Chain, Outsourcing, Manufacturers, Suppliers, Import/Export and Trading In China


Foxconn On Menu To Manufacture Vizio's Next Smartphone

Taiwanese OEM Foxconn may produce the first smartphone product for Vizio, an American LCD HDTV provider, in 2013.

According to reports in Taiwanese local media, the development of this new product will expand the cooperation between Foxconn and Vizio, and the new product is expected to launch in the Chinese market in 2013. Fujiconn, a subsidiary of Foxconn, will be responsible for the production of the smartphone. Prior to this, Vizio cooperated with Foxconn in the launch of 60-inch and 70-inch large TVs in the U.S. in November and December 2012, respectively.

In 2012, Vizio achieved operating revenue of NTD75 billion, which was about USD2.54 billion. The company plans to increase its TV shipments to seven million units in 2013. Vizio said that Vizio's cooperation with Foxconn has been successful and they worked together to turn large-screen TVs from concept to reality in only three months.

At present, Vizio has over 60% share of the above 60-inch TV market in North America. It predicted that its TV shipments in 2013 will be over seven million units and its operating revenue will reach over NTD100 billion. Meanwhile, Foxconn predicted that its total operating revenue will be NTD4 trillion in 2013.



Be the first to comment on "Foxconn On Menu To Manufacture Vizio's Next Smartphone"

Leave a comment

Your email address will not be published.






  Other China News

ChinaTechNews.com:

CNNIC Report: 27.9% Of Chinese Netizens Live In Rural Areas

HTC Reported Net Losses Of USD261 Million In Q2 2015

Uniqlo Closes Chinese Internet Shopping Retail Site

How Does Alibaba's Data Pact Impact Chinese Retention Laws?


GreenChinaTech:

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

Hong Kong Now Requires Ships To Use Cleaner Fuel

Beijing Power Plant Works With American Firm To Reduce Emissions


ChinaRetailNews.com:

Italy's Antonia To Enter Chinese Market With First Store In Macau

Japanese Retailer Ends Online Deal In China With JD.com

Unilever Signs China Deal For Logistics And E-Commerce

China's Internet Retail Sales Up 39.1% In H1 2015