China-based channel retailer Sunning Appliance in response to questions whether the company has plans to cut into Taiwan's retail channel, chairman Zhang Jindong pointed out that it currently still maintains a good partnership with Taiwan-based players and has no intention of cutting into Taiwan's retail channel in the short term.
As for Foxconn Electronics (Hon Hai Precision Industry), which has been expanding its retail chains in China, Zhang pointed out that Foxconn has a smart strategy for its retail business and the company will not rule out the possibility of forming cooperation with Foxconn.
However, sources from channel retailers pointed out that Foxconn and Sunning already have some cooperation in China's retail channel.
Zhang Jindong, Sunning Appliance chairman
Photo: Terry Ku, Digitimes, February 2010
Article translated by Joseph Tsai
