“I can’t put my finger on why, but this acquisition seems weird to me,” writes John Gruber, describing Foxconn’s decision to buy Belkin for $866 million. It is not that weird, especially when you take into account the competitive landscape.
TL: DR version: Foxconn needs to boost margins. Belkin has a great brand but faces an increasingly competitive landscape. It is weirdly about Taiwan vs. China.