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Hon Hai’s Apple pie under threat from Pegatron

By Clare Jim TAIPEI (Reuters) – Hon Hai Precision Industry Co Ltd , the world’s largest electronics contract manufacturer, faces growing competition from cross-town rival Pegatron Corp , a company that is just a quarter of its size by revenue. Hon Hai, better known by its trading name Foxconn, draws an estimated 60 to 70 percent of its revenue from assembling gadgets and other work for Apple Inc . But it has been struggling to grow in a smartphone market increasingly dominated by Samsung Electronics Co Ltd . …

Quoted from Hon Hai’s Apple pie under threat from Pegatron on Gadgets News Headlines – Yahoo! News

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