After a delay of a month, Foxconn has finally agreed to buy Sharp at a price lower, as expected. The Taiwanese contract maker confirmed that it is paying close to 389 billion yen ( $3.5 billion approx.) for a majority 66 percent stake in Sharp. Continue reading “Foxconn agrees to acquire Sharp for $3.5 billion”
Tag: foxconn
Foxconn to reportedly ink Sharp takeover deal this week
At the beginning of this year, it was reported that Foxconn has offered $5.1 billion to buy Sharp. However, the deal was delayed over the negotiation of the the bailout. Now, new reports are suggesting that both the companies are ready to ink the deal this week.
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Foxconn offers $5.1 billion to buy Sharp
Foxconn has offered a whopping $5.1 billion (600 billion yen) to acquire Japanese electronics maker Sharp Corp, according to a new report from Bloomberg. Sharp is expected to respond to the popular contract manufacturer’s offer by the end of this month.
Nokia C1 renders indicate Android and Windows 10 versions
Nokia is coming back to the smartphone game in 2016 and the rumors have indicated that they plan to do so with the C1 smartphone. A new render that has been leaked, reveals that the smartphone might come in both Android as well as Windows 10 variants.
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InFocus M812 Review
InFocus introduced the M812 smartphone in India back in July and said that it will go on sale in September. Later company announced that the availability from October 1, which then again got postponed and the device finally became available from last week. The InFocus M812 can be purchased from Snapdeal at Rs. 19,999, but is it worth your money? We find out. Continue reading “InFocus M812 Review”
Gionee’s first ‘Made in India’ smartphone F103 launched
As announced earlier, Gionee has launched F103 as the first ‘Made in India phone’ by Foxconn in SriCity. The phone from the F series was launched last month in the country.
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OnePlus teams up with Foxconn to manufacture phones in India
OnePlus is the latest international company that has joined the ‘Make in India’ initiative. The Chinese smartphone maker has partnered with the popular contract manufacturer Foxconn for local production of smartphones in the country.
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Asus partners with Foxconn to manufacture smartphones in India
Asus is the latest international smartphone maker that is joining the ‘Make in India’ initiative. The Taiwanese company has announced that it will start the local manufacturing of smartphones in Sri City, Andhra Pradesh.
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Gionee teams up with Foxconn and Dixon for mobile handset production in India
Gionee had announced in July that it will foray into contract manufacturing of smartphones in India. Today, the Chinese smartphone maker has teamed up with Foxconn, the Taiwanese contract manufacturer and Dixon technologies for the same.
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Asus may partner with Foxconn to manufacture smartphones in India
Asus is all set to join the “Make in India” initiative by starting manufacturing of smartphones in the country. The Taiwanese smartphone maker will foray into contract manufacturing for its mobile phones in India, as per a latest report from IANS.
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Snapdeal secures $500 million in funding from Alibaba, Foxconn and SoftBank
Snapdeal has secured $500 million in latest round of funding from Alibaba, Foxconn and existing investor SoftBank, according to a latest report from Re/Code. The news comes after a WSJ report from June said that Alibaba and Foxconn are looking to invest in Snapdeal.
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Microsoft to partner with Foxconn to manufacture smartphones in India
Microsoft could enter into a deal with Foxconn to manufacture phones in India, as per the Economic Times. The Taiwanese contract manufacturer will start manufacturing smartphones locally for Microsoft in Sri City, Andhra Pradesh.
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InFocus M350 Review
InFocus recently launched two smartphones in India – the InFocus M350 and InFocus M530 priced at Rs. 7,999 and Rs.10,999 respectively. If you are thinking it as another Chinese brand, we would like to tell you that it is an American company that’s making smartphones since 2013, but the smartphones are manufactured in China. Continue reading “InFocus M350 Review”
Foxconn to manufacture Xiaomi phones in Andhra Pradesh
Another day another foreign company has announced its plans to kick start smartphone manufacturing in India. This time it is the Taiwanese contract manufacturer, Foxconn who will make Xiaomi phones in the country.
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Alibaba and Foxconn looking to pump $500 million in Snapdeal
Snapeal is about to secure a major round of funding. Chinese e-commerce giant Alibaba Group Holding Ltd and Foxconn Technology Group are in advanced talks to jointly invest about $500 million in Snapdeal.com, according to Wall Street Journal report.
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