Foxconn has started producing its own branded iphone accessories

Absrtact: October 25, Foxconn initially produced iphones for Apple Foundry. Now Foxconn has started producing its own branded iphone accessories. The move is a way for Foxconn to expand revenue growth as it faces increasingly fierce competition from rivals such as Heshuo

October 25, Foxconn initially produced iphones for Apple Foundry. Now Foxconn has started producing its own branded iphone accessories.

The move is the latest move by Foxconn to expand revenue growth channels as it faces increasingly fierce competition from rivals such as Heshuo. Most of the iphone 5 C and the ipad mini came from Heshuo, sources said.

With big customers like Apple and Microsoft considering handing out more orders to rivals, Foxconn's plan to diversify its business and customers is no secret. Foxconn chairman Terry Gou said in June that the company plans to boost growth and profitability through "high-value-added services", including E-commerce and proprietary branded electronic gadgets.

Foxconn launched its mobile phone accessories brand Coverbank in Taiwan in Friday to deliver iphone protection kits to Taiwanese operators selling iphones. Under the agreement, Tele-Telecommunications, China Telecom and Taiwan Mobile will sell Coverbank branded handset accessories to users, including the iphone 5S Protection kit.

"Our business model is flexible," said an unnamed executive at Foxconn. We will continue to manufacture mobile phone accessories for other clients. However, if customers like the design of coverbank accessories, we can sell them exclusive sales rights. We will not sacrifice the foundry business to expand their own brand mobile phone accessories business. ”

Foxconn plans to launch Coverbank brand accessories in mainland China and Hong Kong later this year, and will enter Singapore, South Korea and Japan next year. The Fuji Kanggou said that from next month, the company will be sold through the day Cat Mall for the iphone, as well as Samsung and millet mobile phone coverbank accessories.