Foxconn, which assembles most of Apple’s iPhones, sees a world split into two markets – one dominated by China the other by the USA, reports the Nikkei.

“The global trend toward a G2 is inevitable. How to serve the two big markets is something that we’ve always been planning for,” said Foxconn chairman Young Liu (pictured) in Taipei yesterday.

Nearly a third of Foxconn’s manufacturing capacity is outside China and the proportion is expected to increase.

“The forming of two sets of supply chains in the world is an inevitable trend in the coming future,” said Liu, adding: “there will be no country to fully replace China as the global manufacturing powerhouse.”

Foxconn has production facilities in 16 countries including Vietnam, Brazil, Mexico, India and the USA.

By: DocMemory
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