31 Oct '12, 8am
Foxconn cooperates with Japan-based Softbank BB to enter the IT accessory market in Taiwan:
Foxconn cooperates with Japan-based Softbank BB to enter the IT accessory market in Taiwan Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES [Wednesday 31 October 2012] Foxconn Electronics (Hon Hai Precision Industry) recently signed a cooperation agreement with Softbank BB through its retail subsidiary Cybermart and will become the major distributor for the Japan-based player in Taiwan, selling accessories for IT and consumer electronics products. However, since Softbank also has businesses such as telecom and technology information services in Japan, some market watchers expect the two's cooperation to benefit Foxconn in terms of expanding into the enterprise trading industry. SoftBank is one of the major telecom carriers in Japan and has one of the largest websites and e-commerce systems in the country. Since the company has been seeking a chance to expand its businesses to oth...