2015-03-24

Foxconn Seeks Entrepreneurs

Hon Hai's China retail unit builds new brand for 'makers'
A retail subsidiary of Hon Hai Precision Industry, the world's largest contract electronics manufacturer better known by its trading name Foxconn, plans to open 20 stores in China for technology innovators known as "makers," by the end of the year, a company executive said on Sunday.

According to Wang Jung-ching, general manager of Big Cyber, a new retail brand under Hon Hai's Cybermart consumer electronics chain in China, his firm will open new stores in Beijing and Guangzhou in April and May after already a first store in Shanghai.

Wang said Big Cyber aims to offer a new platform for "makers," who are inspired to create innovative physical products, to build their own business, as well as a space to showcase their products to consumers.

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