Microsoft is selling the feature phone business it acquired from Nokia back in 2013 to a subsidiary of Chinese manufacturer Foxconn for $350 million, it announced today. At the same time former owner
Foxconn's proposed acquisition of Sharp, a deal that was sensationally put on hold last month after Sharp had announced it, has been completed today after both companies confirmed the agreement.
Foxconn's proposed acquisition of Sharp has hit a snag, just hours after Japan-based Sharp announced that it had agreed to the buyout, which is estimated at around $6.2 billion.
The Foxconn factory that handles most of the firm’s Apple iPhone manufacturing suffered damage today when a fire started in its central air conditioning system and spread to several floors. A repres
Apple has plunged billions of dollars into making its global operations more efficient with renewable energy. The bulk of that push, which has won praise from Greenpeace, has come in the U.S. and Euro
Available for pre-order today, Nucleus is a connected home device that lets families have two-way audio and video conversations in the home, between homes, or with any mobile device. Homes using Nu
Indian e-commerce platform Snapdeal has confirmed that it received $500 million of funding from three of Asia’s largest tech companies: Alibaba, Foxconn, and SoftBank. Returning investors Temasek, B
Xiaomi, the company that topped China's smartphone market in the last quarter, has begun manufacturing devices in India in another move to localize its brand in the South Asia country.
Lemonade Lab, which develops sensors for athletes, has scored $5.8 million led by a Foxconn subsidiary. The Boston- and Tokyo-based startup will form a strategic partnership with FIH Mobile, which pro
Snapdeal, one of India’s biggest e-commerce companies, has scooped up $500 million in funding from Alibaba, Foxconn and SoftBank, according to Re/code. The Wall Street Journal first reported in J
Remember Pepper, the intelligent robot that SoftBank unveiled in Japan last year? Pepper goes on sale in Japan this coming weekend, but in advance of that launch SoftBank has revealed that Alibaba and
Chinese manufacturing giant Foxconn, best known for being an Apple supplier, has made a strategic investment in the Cyanogen version of the Android mobile OS.
Apple was the subject of a recent investigative report by BBC's Panorama program, which presented as part of its findings various instances where suppliers of the Mac maker violated Apple's own stated
AirSig, a Taiwanese startup that makes authentication products for mobile devices, has received $2 million in investment from Foxconn Technology Group. In return, Foxconn will hold a 10 percent stake
Project Goth (PGI), the holding company of mig33, has received $2.2 million in funding from FIH, one of Foxconn’s handset manufacturing service providers in a deal that could preload the socia
BlackBerry announced today that it would be partnering with Foxconn to produce devices going forward, and CEO John Chen revealed a few details about the first fruits of that partnership on the company
BlackBerry announced its fiscal Q3 2014 results today, and the numbers aren't pretty. The company revealed a whopping $4.4 billion GAAP-adjusted loss for the quarter, which includes a write-down on cu
<a href="https://beta.techcrunch.com/tag/foxconn">Foxconn</a>, the gargantuan manufacturer of electronics, is experimenting in the hardware accelerator market by turning an underused Nokia campus in B
Hon Hai is planning to diversify its business away from producing Apple devices by signing an agreement with Indonesia to make and sell handsets in that country, reports Reuters. A Hon Hai spokesman s
Microsoft just scored a coup on the patent royalty front, with a new deal with Taiwanese phone maker, Hon Hai, which owns Foxconn. Under the terms of the deal, Microsoft will get paid a flat fee per A