If a company plans to enter the automotive business, it should outperform its own rivals in different ways.

Foxconn Slovakia is gaining benefits thanks to its strategic European position, many years of experience in the production of consumer electronics and currently also with its own Research and Development Department (R&D).

“We want to be an active part of the transformation to a car production. We have the best prerequisites for that. With the pressure of the European Union on the car manufacturers to reduce emissions, it is clear that the demand for electronic components for electric cars will continue to grow. We can offer qualified employees, technology and proven processes,” explains Foxconn Slovakia’s plans, Jozef Bodis, Smart Factory director.

Read Forbes’ latest article on Foxconn’s ambitions in the future.

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