Foxconn to help its Chinese clients expand smartphone sales in emerging markets

According to industry sources, Foxconn wants to help its Chinese handset clients expand their sales in emerging markets. The contract assembler counts as clients such expanding manufacturers as Xiaomi and Meizu. The former saw its smartphone shipments more than triple in 2014. Last year, it expanded to a number of emerging markets like Brazil, India, Indonesia, Russia and Turkey. But so far, results have been disappointing.



In India, the company sold 1 million phones in 2014, starting back in July. But Xiaomi has been banned from selling any handsets in the country until February. Ericsson ...