EL SEGUNDO -- Foxconn's (foxconn.com) share of the global contract electronics manufacturing market could reach 50% next year as demand for Apple (apple.com) products skyrockets.
Foxconn had a 44.2% share last year, research firm iSuppli (isuppli.com) said. But its revenues were up 54.1 % year-over-year through the first quarter.
"Foxconn's customers are some of the hottest companies in the electronics business today, most notably Apple," said iSuppli's Thomas Dinges in a press release. "As Apple and others have gained share, so has Foxconn."
A supplier to Hewlett-Packard, Dell, Sony and Nokia, Foxconn could benefit most from Apple's higher forecasts for the iPad, now pegged at 12.9 million this year and 36.5 million next year. Meanwhile, iPhone shipments...
