News Snapshot:
A hot potato: Taiwan-based corporation Foxconn is the world's largest contract manufacturer of electronics products and one of the industry's biggest employers. The company founded by Terry Gou has so far collected the majority of its revenues from Chinese assets, but things could be much different a few years down the line. A new report by the Wall Street Journal (WSJ) highlights the seismic change the electronics manufacturing world is undergoing right now. Foxconn and other major Taiwanese corporations have been asked by Western (mostly US) clients to move a big part of their production outside China, and Mexico is...