With disappointing iPhone X sales, and the overall reduction in iPhone sales, it seems Foxconn are branching out. And they’re brancing out into the 8K prosumer video market, if Nikkei Asian Review’s report is accurate. They say that Foxconn are teaming up with cinema camera manufacturer RED to make professional quality and affordable cameras available for the general public.
Given that RED’s current 8K Weapon systems cost somewhere in the region of $50K once you buy all the associated bits, that’s one heck of a goal. Nikkei say that Foxcon are “seeking new revenue sources to compensate for weakening smartphone demand”, and that they want to “reduce its business dependence on Apple”. Apple currently accounts for more than 50% of Foxconn’s sales.