According to a report in the Nikkei Asian Review, Foxconn Technology Group plans to work with RED Digital Cinema and enter the digital cinema market to produce “affordable” 8K cameras.
Production of the iPhone brings in more than 50% of Foxconn's revenue, and with demand weaking, the company is planning to diversify and move into other sectors, starting with the digital cinema.
Mr Gou said of working with RED: “We will make cameras that will shoot professional-quality films in 8K resolution but at only a third of current prices and a third of current camera sizes”.
Foxconn acquired Sharp's semiconductor business back in 2016 and that acquisition will play a critical role in making camera components.
If this works out, we could be seeing some interesting products in the future.