Foxconn Electronics (Hon Hai Precision Industry) reportedly has entered into the supply chains of Mercedes Benz and BMW with its auto parts and components. Foxconn has also approached electric car vendors to negotiate possible orders, according to industry sources.
The sources pointed out that Foxconn's development in the car product business is not only limited to infotainment devices, but also high-technological systems related to car electromechanical, central control security and car electronics, which generate high profits.
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