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Gadget assembler Foxconn harbors big-brand ambitions

Taiwan's largest company aims to move up the value chain; will it succeed?

Foxconn Chairman Terry Gou speaks at a press conference after the company's annual shareholders meeting in New Taipei City, Taiwan on June 22. (Photo by Nozomu Ogawa)

TAIPEI Terry Gou, founder and chairman of Hon Hai Precision Industry, seemed caught off guard and unprepared to talk outside his hotel in Osaka in early June when approached by a Nikkei Asian Review reporter.

But Gou soon loosened up, taking the opportunity over a 30-minute stroll to elaborate on the ambition of his company, better known as Foxconn Technology Group, to acquire the memory-chip unit of embattled Japanese industrial conglomerate Toshiba.

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