14 DAY TRIAL // Longtime Apple partner Foxconn Electronics, a sub-division of the larger Hon Hai Precision Industry run by Terry Gou, has reportedly persuaded the Cupertino, California-based Apple to grant them exclusive rights for iPad 3 production.
It’s no mystery that Foxconn profits greatly from Apple’s iPad and iPhone orders.
The company’s CEO himself said it in an interview: “If our customers make money, then we can also make money”, Terry Gou said.
Recently, though, Apple was said to be looking for a second potential iPad manufacturer, as a result of the declining yield rates caused by an explosion at a Foxconn plant in Chengdu on May 20.
Pegatron Technology was reportedly first on the list of potential companies with the ability to assemble the next-generation of iPads.
A Digitimes report now reveals that although Pegatron is still on track to land orders for at least 10 million iPhone 5 units, the manufacturer is “unlikely” to score iPad orders as well.
According to industry sources, Apple’s efforts to take Pegatron on board have been muffled by Foxconn itself.
The company led by Terry Gou has reportedly exerted its efforts to protect iPad 3 orders by convincing Cupertino to hold its orders in their yard for now.
As a result of these last minute developments, Pegatron is said to be focused on winning orders for the iPad 4, as well as for notebooks and desktop computers in 2012.
As for the next Apple tablet, fall 2012 is said to be the time when the iPad 3 is ripe and ready for shipping.
The iPhone 5 is expected to land in the same timeframe, perhaps alongside the iPad 3 during a single illustrious and iconic Apple event featuring Steve Jobs and his fellow Apple executives.