5min chapter

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Foxconn Has a Plan to Upend the Electric Vehicle Industry

Odd Lots

CHAPTER

Components vs Assemblies

Fox can started making components in the 1990s. The company is now a major supplier of electronics to Apple, Samsung and other companies. Fox can makes its money from selling chips inside an iphone rather than assembling them. It's very high volume, but low price; with fat margins, you can be a very profitable company.

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