Apple Shifts Supply Chain Away From Foxconn to Pegatron
Source: Wall Street Journal
TAIPEIFor years, nearly all of the world's iPhones and iPads rolled off the assembly lines of a single company: Foxconn.
It was a famous partnership between two outsize personalities Steve Jobs, Apple Inc.'s intense and mercurial co-founder, and Terry Gou, the Taiwanese manufacturer's equally demanding chairman.
But under current Chief Executive Tim Cook, Apple is dividing its weight more equally with a relatively unknown supplier, giving the technology giant a greater supply-chain balance.
Pegatron Corp., named after the flying horse Pegasus, will be the primary assembler of a low-cost iPhone expected to be offered later this year. Foxconn's smaller rival across town became a minor producer of iPhones in 2011 and began making iPad Mini tablet computers last year.
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Apple is also shifting away from Samsung, who's infamous corruption has forced them to have three CEOs, to have a greater power to cover up... I mean 'suppress' illegal activities.