TAIPEI/SAN FRANCISCO (Reuters) - Foxconn's BlackBerry Ltd (BB.TO) deal marks the Taiwanese firm's biggest step up the value chain - a chance to not just assemble smartphones, but help design them, too. The agreement to design and market phones starting in Indonesia, the world's fourth-most populous country but an under-penetrated market, is a boon to a mega-manufacturer trying to grow its margins while making a play for a bigger slice of the global mobile devices market. Best known for putting together iPhones, Foxconn honed its skills by meeting Apple Inc's (AAPL) exacting standards and supply chain rigor. It boasts a workforce of more than 1 million and the scale to negotiate cheaper component prices than BlackBerry could obtain on its own.
via Business News - Yahoo Finance http://finance.yahoo.com/news/blackberry-deal-bolsters-foxconns-makeover-020138791.html
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