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Foxconn to invest US$1 billion in Japan

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Foxconn to invest US$1 billion in Japan

Foxconn has expressed the desire to establish R&D centers in Japan, with an estimated investment of at least US$1 billion in 2013. Foxconn is planning to establish the R&D centers in the cities of Tokyo and Osaka. These centers will focus majorly on the development of display, optical and touch screen technologies.

 

 Foxconn has been aggressively investing in display, optical and touch screen technologies. Foxconn has recently invested in China-based Shenchao Photoelectric and Tianyi Display Technology and Taiwan-based Wcube in order to acquire R&D related technologies for the production. Foxconn has been aggressively developing its business model towards vertical integration, from the manufacture of components to finished products, and therefore Foxconn's investments in developing key technologies will continue to increase in the future. Foxconn also previously signed contracts with Japan-based NEC to acquire the use of its patents related to LCD panel technologies.

 

 Foxconn's investment plans in Japan are partly due to the country's leadership in display technology R&D. By establishing R&D centers, Foxconn hopes to build cooperation with companies in Japan and gain the chance to learn their technologies