Foxconn itself is a Taiwanese company famous as an assembler iPhone. Meanwhile, Belkin, headquartered in California, USA, is known as a manufacturer of computer and phone accessories, including wireless chargers, laptop docking, and mobile phone casings.
In 2013, Belkin acquired Linksys, which is famous for network devices like routers. While Wemo is a smart home system made Belkin has been circulating in the market for more than five years.
Foxconn paid US $ 866 million to acquire Belkin. However, the business agreements of the two cross-border companies must be approved by the Committee on Foreign Investment in the United States (CFIUS).
Surely this is of particular concern, considering the Broadcom process that wants to acquire the latest Qualcomm must run aground, with just one decree President of the United States, Donald Trump.