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The news is part of a broader Foxconn effort to branch out from smartphones, a market it says has become stagnant. Foxconn currently relies on Apple for around 50 percent of its sales, manufacturing iPhones, MacBooks and other products. The company recently purchased Sharp, and plans to drastically ramp up its production of displays, having recently announced a $10 billion investment in the US. "Not only displays, Sharp controls important chip technologies for various image sensors that go into digital cameras and televisions. We will definitely make good use of them and make more of them," Gou explained. "And we will make these [chips] much more cheaply. That's our important goal and project for this year." Full story

13 February