The working partnership between Apple and Foxconn is becoming rocky as the two have a massive difference when it comes to profit margins
For years now, Apple has employed Foxconn as its primary assembler for a variety of products. After all, Foxconn is the largest assembler of electronics and has earned a solid reputation over time. However, when it comes to pricing, we can all agree that Apple cashes in on a premium that customers need to pay if they want to own the company’s product. This premium allows Apple to generate hefty profits per quarter and that might ultimately be the reason as to why the relationship between the iPhone giant and Foxconn is reportedly going through a rocky phase. Apple is reportedly raking in a 40 percent profit while Foxconn appears to be dangling at the single-digit mark, as it attempts to find new avenues to increase those margins, according to The Information.
