Foxconn builds cloud computing technology base focused on content creation

This is the latest move by Foxconn to enter the upper value chain after acquiring 4G licences in Taiwan. "Soft and hardware integration is the way forward," said Foxconn's chairman, Terry Gou, in a media interview at the Kaohsiung Software Technology Park. Taiwan is the first step in our 4G business, and in the future we will work with global operators to help us design a better next-generation smartphone. ”

Foxconn announced in June this year that it will work with Mozilla to launch handsets running the latter's Firefox operating system. Foxconn wants to reduce its reliance on apple.

Mr. Gou said future content will be based on images and video, and Foxconn plans to launch game applications and surveillance services using cloud computing technology. The Foxconn content creation business will recruit about 3,000 employees. In June, Mr. Gou said Foxconn would work to develop new technologies, intellectual property and E-commerce to phase out lower-margin foundry operations.

Foxconn received two 4G licences in Taiwan in Wednesday. A fund manager said it would help Foxconn enter a high-margin industry.