Eva Dou, The Wall Street Journal:
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. Foxconnâ€™s smaller rival across town became a minor producer of iPhones in 2011 and began making iPad Mini tablet computers last year.
Pegatronâ€™s rise means an end to the monopoly that Foxconn Technology Group â€” the trade name for Hon Hai Precision Industry Co., the worldâ€™s largest electronics contract manufacturer â€” has held over the production of Appleâ€™s mobile products.
Apple is no longer putting all its eggs in one basket; that’s good, but as far as I can tell a new low-cost iPhone remains a myth.