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Foxconn wants to become the Android for electric cars

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The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019.

Sam Yeh | AFP | Getty Images

GUANGZHOU, CHINA — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars.

The technology giant is best-known for being a major assembler of consumer electronics products such as smartphones. But the latest announcement pushes Foxconn into a market which could be worth over $800 billion by 2027, according to Allied Market Research, as it looks to diversify its business.

William Wei, an executive at Foxconn, said the company’s aim is to be come the Android of electric vehicles, in a reference to Google’s…



Source cnbc.com

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