iPhone 5 will put Samsung's Galaxy S III to shame, says Foxconn CEO
The CEO's bold statement came during Hon Hai's annual stockholder's meeting where Gou mentioned a number of strategies that will allow the company to "beat" Samsung within the next three to five years, reports Focus Taiwan.
Apple's iPhone was only mentioned in passing with Gou saying that "the new model will put Samsungâs Galaxy III to shame," with the main thrust of the message being Foxconn's ambition to overtake Samsung in seemingly every electronics market the South Korean company competes.
To that end Gou noted a strategic alliance with Japanese electronics manufacturer Sharp which will mate cutting-edge technology with Foxconn's prodigious production capacity to yield a product that is three years ahead of anything Samsung can muster. It was revealed in March that Foxconn became Sharp's single largest shareholder after it purchased a 10 percent stake in the Japanese company for $808 million to boost demand for products coming out of the 10th-generation LCD plant in Sakai. That particular factory makes 60-inch and 80-inch class LCD panels and happens to have an exclusive deal with American firm Corning to use its Gorilla Glass in large format applications.
Foxconn will begin operating the Sakai factory on July 1 and the Taiwanese company is said to be in talks to buy more Sharp shares though no official statement has been made regarding the purchase. Gou said that he invested in the Sakai plant with his own money so as not to affect Hon Hai's stock and plans to list the Japanese factory on the Taiwan stock exchange within three years.
The Foxconn and Sharp collaboration fueled speculation that the companies were looking to vie for orders of Apple's http://www.appleinsider.com/articles/12/06/18/foxconn_may_buy_more_sharp_shares_fueling_apple_television_rumors.html">rumored HDTV
Foxconn CEO Terr Gou. | Source: Forbes
According to the China Times, it is Gou's lifetime goal to defeat Samsung, a company that he says has "a track record of snitching on its competitors." The chief executive is referring to the whistleblower role taken by Samsung in the European Commission's 2010 flat-panel price fixing investigation of four Taiwanese companies.
"I respect the Japanese and especially like their execution and communication styles," Gou said. "Unlike the Koreans, they will not hit you from behind."
Gou has been known to be quite outspoken and in May supposedly let slip that Foxconn was prepping its factories for an Apple television order but the report was later denied by the company's PR department.
134 Comments
Didn't know Foxconnalready had complete and working iPhone 5's to be able to compare against the S3? Or he was jst talking out of his ass. I think it's he later one. But this guy would say anything negative abot Samsung, regardless if it is true or not.
[quote name="Mac.World" url="/t/150828/iphone-5-will-put-samsungs-galaxy-s-iii-to-shame-says-foxconn-ceo#post_2131510"]Didn't know Foxconnalready had complete and working iPhone 5's to be able to compare against the S3? Or he was jst talking out of his ass. I think it's he later one. But this guy would say anything negative abot Samsung, regardless if it is true or not.[/quote] and why do you think that's the later one? because you are a hater and shouldn't be here (if you were normal)? samsung=mafia. burn them all.
samsung=mafia. burn them all.
Ahh you dont like Samsung? This means you are going to burn all your Apple products containing SAMSUNG components.
The iPhone 5 launch (and availability) is at the most probably 3 months away. Apple will likely require millions of handsets on launch date, so it is quite possible that hardware production has already started, and the software install will happen closer to launch date.
Ahh you dont like Samsung? This means you are going to burn all your Apple products containing SAMSUNG components.
I can't speak for the OP but this doesn't follow at all.
If I don't want to buy an American car because it's shite, it doesn't necessarily follow that I will only buy a car that doesn't even use parts from the USA. It's about the design and manufacture of the car/phone.