Xiaomi along with Foxconn is in talks with a couple of state governments to set up handset manufacturing plants in India, according to a latest report from the Economic Times. The move comes from the Chinese smartphone manufacturer to boost production in order to keep up with the growing demand.
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Just yesterday, the Commerce Ministry rejected Apple’s proposal of selling refurbished iPhones in India. Now, the government has turned down Foxconn’s plans to import refurbished phones in India.
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It looks like Apple is the next international smartphone maker that will ‘Make in India’. The company’s manufacturer Foxconn is close to signing a deal with Indian government to set up a manufacturing plant for iPhones in the country. Continue reading “Foxconn nears deal to set up $10 billion iPhone manufacturing plant in India”
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”
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 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 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 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”
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 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 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.
Continue reading “Asus partners with Foxconn to manufacture smartphones 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 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 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 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.
Continue reading “Microsoft to partner with Foxconn to manufacture smartphones in India”
