Foxconn shifts from contractor to branded televisions

CyberMart, the retail business unit of Taipei-based Hon Hai Precision Industry Co Ltd, the parent company of the electronics maker Foxconn Technology Group, began offering its branded television sets on the mainland on Thursday.

The 60-inch sets have been developed with the US-based electronics retail marketplace RadioShack Corp, according to CyberMart's website.

"CyberMart has its own marketing agenda. The rollout of the TV is closely related to CyberMart's collaboration with RadioShack," Foxconn spokesman Liu Kun said.