Foxconn Electronics (Hon Hai Precision Industry) reportedly plans to establish 10 new subsidiaries within the next five years and is set to list them all on the Taiwan Stock Exchange (TSE) to allow its employees to purchasing stock and keep talent, according to market watchers.
In comment, Foxconn pointed out that all the investments will need the approval of board members as well as meet related government policies; however, market watchers believe the plans will give Foxconn a fierce challenge from both inside and out.