China Mobile likely to procure self brand smartphones from Foxconn
BEIJING, Aug 27, 2013 (Xinhua via COMTEX) --
China Mobile (CHL.NYSE; 00941.HK) was
very likely to join hands with the Taiwan-based Hon Hai / Foxconn
Technology Group in producing China Mobile's self brand smartphones,
the telecom news portal C114.net reported on Wednesday.
If the two sides reached an agreement, China Mobile would purchase
multiple million sets of such smartphones from Hon Hai / Foxconn,
said the company's vice president Li Zhengmao on Tuesday at a
cross-strait TD-LTE business interactive ceremony in Taiwan.
Li said that China Mobile's mobile phone procurement reached about
60 million sets last year and would hit 120 million sets this year,
and it planned to procure a huge amount of 4G terminals next year.
Hon Hai / Foxconn is a famous original equipment manufacturer that
produces self brand smartphones for Apple, Huawei and Xiaomi.
(Edited by Li Xiaoyu, Lixy@xinhua.org)
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