According to foreign media reports, Foxconn has announced that Zhengzhou, Shenzhen, two factories have been sold to the value of 216 million dollars of machine tools, in this respect, Taiwan media speculated that the reason for the Foxconn resale Machine is due to the loss of a large number of orders from Apple. The Digitimes website said Foxconn today denied that the resale was due to the loss of Apple's orders and said the company has maintained a stable partnership with its customers.
According to the Digtimes website, Foxconn reported to the Taiwan Stock Exchange July 31 that two factories in Shenzhen and Zhengzhou have sold 6.5 billion NT dollars (216.3 million US $) of CNC machine tools (CNC), and the buyer is Apple.
The Chinese version of the Taiwanese media Business Week learned from sources that Foxconn sold its machine tools because it lost a lot of Apple orders, and that the machines bought by Apple will be transferred to the Nanjing Ren Bao Electronics company.
"Business Week" explains, typically, Apple will negotiate the price of equipment (such as machine tools) with a production equipment supplier (in this case, Foxconn), and then ask the Apple assembly plant (Nanjing Ren Bao Electronics) to buy assembly equipment (machine tools).
The analysis suggests that Business Week's explanation of why the "216 Million dollar machine tool buyers at Foxconn is Apple" seems confusing. The media seems to be saying that in this case, the Nanjing Ren Bao Electronics company is playing the role of Apple's other product assembler, while Foxconn is only the production equipment (machine tool) supplier role.
What is even more puzzling, however, is Foxconn's response today. As Foxconn said in its response today, Foxconn will continue to "use" These devices to provide services to its customers, rather than handing them over to other companies, although the machine has been sold out. (Xiao Feng)
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