Foxconn to maintain research spending despite falling iPhone demand

Jamie McKane

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Foxconn to maintain research spending despite falling iPhone demand

Terry Gou, the chairman of Foxconn Technology Group, said the biggest assembler of iPhones isn’t cutting research and development spending as demand for the smartphones cools.

“No matter how stupid we are, we are certainly not cutting research and development expenses” Gou said in an interview outside a polling station in Taiwan, where electors are voting in local elections.

[Bloomberg]
 

Milano

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“No matter how stupid we are, we are certainly not cutting research and development expenses”
Yeah coming up with the latest innovations five years after android doesn't come cheap.
 
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