Foxconn

Foxconn buys peripheral maker Belkin for $866M

Foxconn, best known for manufacturing practically everything in the world, has just announced the purchase of Belkin, the PC peripherals company, for $866 million in cash. That certainly makes it one

HMD/Nokia’s smartphones join Google’s Android One program ‘leading the charge’

Alongside HMD’s big bet on reviving the legendary Nokia brand and business through a licensing deal and a new wave of handsets that it is unveiling today at MWC in Barcelona, the company also an

Foxconn is working with RED to make cheaper and smaller 8K cameras

Foxconn, AKA Hon Hai Precision Industry, AKA the company that made your iPhone, is working with digital cinema pioneer RED to create affordable 8K cameras, the company announced. Chairman Terry Gou to

Foxconn to plug at least $340M into AI R&D over five years

Manufacturing giant Foxconn has said it will make a major investment in artificial intelligence-based R&D as it looks for new business growth opportunities in a cooling global smartphone market, 

Andrew Ng’s Landing.ai wants to bring artificial intelligence to the manufacturing industry, starting with Foxconn

AI pioneer Andrew Ng is probably best known for his work on the Google Brain project and for leading Baidu's AI group. After leaving Baidu earlier this year, it wasn't quite clear what exactly Ng was

Alibaba debuts ‘smile to pay’ facial recognition payments at KFC in China

China is streets ahead when it comes to digital payments. The latest leap is facial recognition technology that allows a customer to pay by literally flashing a smile. Alibaba’s Ant Financial af

Foxconn’s long con

The political press ate it up, alternatively excoriating the program for costing too much in tax breaks and crowing a win for Wisconsin’s conservative governor, Scott Walker. I wouldn’t en

Apple or Foxconn could be building factories in the US — or maybe not

President Donald Trump surprised everyone yesterday when he told the Wall Street Journal that Apple CEO Tim Cook told him Apple would build three factories in the U.S. It’s worth quoting Trump on th

Apple continues Asia expansion with its first retail store in Taiwan

Apple has continued to expand its retail footprint in Asia after the iPhone-maker opened its first store in Taiwan this weekend. The inaugural Apple Store is located in Taipei 101, a landmark skyscra

Gaming firm Razer seeks to raise over $600M in Hong Kong IPO

Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities. The U.S.-based company, which traces its origins back

China’s Mobike raises $600M to expand its bikes on-demand service worldwide

Mobike, one of two fast-emerging on-demand bike rental services, has landed $600 million in new funding as it seeks to expand its business outside of China. Bike rentals are shaping up to be the first

SoftBank’s Nvidia stake is reportedly worth $4BN

Bloomberg is today reporting the size of SoftBank's stake in Nvidia is $4 billion, for 4.9 per cent of the company, which it says would make it the fourth largest investor in the chipmaker.

China’s newest source of on-demand hype, rental bicycles, gets its first unicorn

There can be no hype without a unicorn. China’s newest startup money pit — bicycle rentals on-demand — now has its first billion-dollar valued company. The industry has sucked in m

Manufacturing giant Foxconn is taking over SoftBank’s investment fund in Asia

Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to

Temasek jumps into China’s bike-rental startup war with investment in Mobike

Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed Mobike. China’s ride-sharing war is last year’s news. The big ba

Chinese bike-sharing startup Mobike snags strategic investment from Foxconn

Just weeks after landing a $215 million Series D funding round, Chinese bike-sharing service Mobike has scooped up a strategic investor from prolific manufacturing firm Foxconn.

Report: Apple asked manufacturing partners to explore making iPhones in the U.S.

Foxconn, Apple’s key manufacturing partner, is among a number of supply chain companies that are said to be exploring the potential to relocate iPhone production facilities from Asia to the U.S

India’s WhatsApp rival Hike raises $175M led by Tencent at a $1.4B valuation

India has a new tech unicorn. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Tencent and Foxconn. The Series D round values the co

SoftBank’s Pepper robot goes on sale in Taiwan in first overseas launch

Pepper, the humanoid robot from SoftBank, is headed overseas for the first time after going on sale in Taiwan today.

Nokia confirms another 1,000 layoffs in Finland

As a late Friday coda to this week’s news of Nokia’s old feature phone business getting sold once again, today Nokia quietly confirmed it is laying off 1,032 employees in its home mark
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