Foxconn Posts

Foxconn is in talks with Sharp to produce iPhone displays

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Foxconn, the large Asia-based electronics manufacturing company that builds iPhones and iPads, is reportedly in talks with Sharp to use their technology to help produce displays for the new iPhone. Apple also works with suppliers like LG Display, Samsung, and Japan Display.

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Foxconn acquires $390 million stake in Asia Pacific Telecom

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Foxconn Technology Group, one of Apple’s largest suppliers, has acquired a $390 million stake in Taiwanese mobile telecommunication operator Asia Pacific Telecom for T$11.6 billion ($390 million) as part of a deal that would expand its presence in Taiwan’s 4G telecommunications market. Foxconn is going to pay T$20 a share for 582.9 million shares in Asia Pacific through a private placement.

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Foxconn is investing up to $9.6 million into Mig33

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Foxconn has announced it is planning to invest up to $9.6 million into mobile social network Mig33 through the Foxconn International Holdings (FIH) business. Mig33 started off as a phone-based social network, but revamped into a microblogging platform. Mig33 hits around 3.8 million monthly active users and then expanded into focusing on celebrity and musician fan engagement by acquiring Deadoralive.com.
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BlackBerry Ltd (BBRY) announces Z3 and Q20 QWERTY smartphones

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BlackBerry Ltd (NASDAQ:BBRY) has announced a couple of new smartphones: the Z3 and the Q20. The Z3 was sourced from BlackBerry’s strategic partner, Foxconn.
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Foxconn plans to encourage employee startups

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Foxconn, one of the largest consumer electronics manufacturers in the world, is planning to encourage entrepreneurship. Terry Guo, the CEO of Foxconn, wants to change the company’s negative image for overworking and underpaying employees.
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Google Inc (GOOG) is working with Foxconn on robotics projects

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Google Inc (NASDAQ:GOOG) is reportedly working with Foxconn on various robotics projects, according to sources with The Wall Street Journal. Foxconn is best known for being the manufacturing company behind iPhones and iPads. Foxconn has been working with former Android head Andy Rubin since last year to help build out his vision for robotics.
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BlackBerry CEO says that Foxconn-made phones will cost less than $200

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BlackBerry may release two smartphones this year, according to CEO John Chen. BlackBerry is working with Foxconn to build the smartphones and it will cost under $200. BlackBerry is still heavily focused on the enterprise market under Chen.

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Hon Hai Precision Industry Co., Ltd. (2317) puts together new fund for wearable startups

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Hon Hai Precision Industry Co., Ltd. (TPE:2317), also known as Foxconn Technology Group, is well-known for manufacturing Apple iPhones and iPads. Hon Hai is launching a new investment fund to finance companies that are focused on wearable computers, according to sources with Bloomberg.
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