Foxconn's CEO hit back at Samsung, referencing a widespread Asian TFT-LCD price-fixing scheme that was unveiled by Samsung several years ago under a US Department of Justice amnesty program for whistle-blowers. He blasted Samsung saying that, “unlike the Koreans, [the Japanese] will not hit you from behind."
Thus Foxconn confirms: you really don't know what's going on behind their closed doors, and that they support noncompetitive markets.
I'm also curious if Foxconn's CEO placed Apple in an unenviable position of having to possibly defend themselves against stockholder lawsuits? In addition to stating a hatred for Samsung, Foxconn's CEO made the bold assertion that the expected iPhone5 would "shame" the Galaxy S-III, at a Foxconn stockholder meeting, no less. Presumably he has extensive insider knowledge in order to make such bold statements. But what if sales do not measure up to Samsung's -- will Apple stockholders sue, claiming that Foxconn, with insider knowledge, misled investors?
Egos as big as their pocket books.
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