Foxconn Spinoff Becomes Largest Tech Company In China As It Looks Beyond Apple
Foxconn recently spoke about some of its plans to become less dependent on iPhone assembly orders, and one of the company’s biggest initiatives is off to a good start … The company has gone public with its smart factory and cloud computing division, Foxconn Industrial Internet (FII). The company listed on the Shanghai stock exchange, and Bloomberg reports that its share price immediately soared to make it the most valuable tech company in China....