US-based SunEdison signed a deal with Fox Energy – the solar division of Foxconn – to have the panels made at the latter’s plant in Juarez, Mexico.
Taiwan-based Foxconn – the world’s largest contract-manufacturer of electronics – has made increasing forays into the PV sector over the last few years, until now mainly in China.
Electronics industry analysts say it sees solar as an attractive growth market to compensate for a decline in revenues from its staple business of making consumer technology products, including the iconic iPhone and iPad for Apple.
Foxconn
