Foxconn Electronics recently recruited several senior executives for its motherboard division and expects to become the second largest motherboard brand worldwide within three years, according to a Chinese-language Economic Daily News (EDN) report, which cited sources at the company.

Since it will not be easy to displace Asustek Computer, which can ship over 20 million branded motherboards a year, from its number one position in the short term, Foxconn plans to first surpass first-tier makers Gigabyte Technology, Elitegroup Computer Systems (ECS) and Micro-Star International (MSI), in terms of annual shipments, added the paper.