Taipei --  EMS provider Foxconn Electronics may buy two desktop PC assembly plants in Australia and India from Hewlett-Packard, an Asian news source reported.

Under the agreement, Foxconn (the registered trade name of Hon Hai Precision Industry) will take over design and manufacturing management at the two plants, and may eventually take over HP plants in Europe, according to a report originally published in the Chinese-language Commercial Times. 

In an article on Forbes.com, Foxconn affirmed the Australia takeover but denied the Indian acquisition.

HP is one of Hon Hai's largest costumers; earlier this year, the two companies announced a technology cooperation deal.