Pegatron Corp. named after the flying horse Pegasus, will be the primary assembler of a low-cost iPhone expected to be offered later this year. Foxconn’s smaller rival across town became a minor producer of iPhones in 2011 and began making iPad Mini tablet computers last year.
Pegatron’s rise means an end to the monopoly that Foxconn Technology Group — the trade name for Hon Hai Precision Industry Co., the world’s largest electronics contract manufacturer — has held over the production of Apple’s mobile products.
Founded in January 2008, Pegatron is a worldwide leader in electronic and computing DMS (Design and Manufacturing Service) with extensive experience in product development and vertically integrated capabilities. With equity of US$2.7 billion, Pegatron boasts a diversified product line, including motherboards, desktop PCs, notebooks, broadband, wireless systems, game consoles, networking equipment, Set-top boxes, multimedia, LCD TVs, and more. At Pegatron, we take pride in our well-diversified product portfolio, unique designs, flexible manufacturing capabilities and reliable after-sale services.