Foxconn and Siam Cement team up for joint venture in southern China

The joint venture will tap into Asia’s growing e-commerce market

Taiwan News 
Date: 2018/06/27
By: Scott Morgan, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Taiwan’s Foxconn Technology Group and Thailand’s Siam

Foxconn signage. (By Associated Press)

Cement Group will set up a logistics and supply chain joint venture, connecting ASEAN to south China in a bid to tap into the region’s growing e-commerce market.

The Guangxi-based joint venture will specialize in high-tech electronics, fine food and e-commerce.

The partnership will make use of Siam Cement’s expertise in logistics and Foxconn’s wide-ranging business networks.

The joint venture will help Foxconn increase its presence in Southeast Asia and also help Siam Cement expand into China.    [FULL  STORY]

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