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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Foxconn said to build first Apple iPhone plant in India

Foxconn is eyeing to open its first Apple iPhone plant in India, as per a latest report from Reuters. The Apple manufacturing partner Foxconn is reportedly in talks with the Indian government officials for the same.

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Foxconn makes a strategic investment in Cyanogen

Foxconn has made a strategic investment in Cyanogen, company that makes an alternative version of Google’s Android mobile operating system. The Chinese company is one of the many lead investors in this latest $80 million Series C round of funding in Cynogen.

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Foxconn made BlackBerry OS 10.2 Smartphone gets certification

Foxconn would be manufacturing BlackBerry OS 10.2 smartphones and the company’s chairman Terry Gou announced that these smartphones will be showcased at the MWC 2014 which is three weeks away from now. Among the phones that could be showcased there, a phone by the model number STJ100-1 passed Bluetooth SIG certification yesterday.

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BlackBerry partners with Foxconn to produce affordable BlackBerry 10 devices

As sales plunge, BlackBerry has announced a new partnership with Foxconn to produce BlackBerry 10 devices. The five year partnership aims to launch the first device by March or April. The BlackBerry 10 based device will be introduced first in Indonesia. The company has also earmarked six or seven additional markets for the device.

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Foxconn to develop Firefox devices

As we had reported previously, The Foxconn Technology Group today announced a partnership with Mozilla to collaborate and create devices based on the Firefox OS. Hon Hai Precision Industry Co. as it is officially known has announced that is working on more than five devices ranging from smartphones to televisions based on the Firefox OS.

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The alliance with Mozilla comes at a time when the company is trying to grow beyond its original design manufacturing roots to a combination of software and hardware offerings. The partnership with Mozilla will let it carry out its own integration of hardware and open source software, content and services.  Continue reading “Foxconn to develop Firefox devices”

Apple supply chain to shift from Foxconn to Pegatron

In a move aimed at giving Apple greater supply chain balance, the company is expected to shift over a greater percentage of manufacturing to Pegatron. Historially, Foxconn has been responsible for the production of all iPhones and iPads. However starting 2011, Pegatron has been responsible for making a small segment of iPhones and has since graduated on to production of the iPad Mini.

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Apple supplier Hon Hai shows record profits

Hon Hai or Foxconn Technology as it is popularly known as has reported earnings for the year with a net income of $3.2 billion. The company is  known for being the primary partner for manufacturing Apple’s iPhone, iPads in addition to other products.

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Third Worker Dies In Foxconn Plant Explosion

Foxconn’s Chengdu plant was recently in the news because of an explosion resulting from combustible aluminum dust stuck in the ducts in the polishing section of the plant. Two workers were immediately reported dead with as many as 16 others critically injured. Today another worker succumbed at a local hospital due to injuries from the explosion. Hon Hai Chairman Terry Gou meanwhile issued a statement that the explosion would in no way affect production of the iPad 2 while adding that products scheduled for Quarter 3 production would also be on track.

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66% Performance Based Pay Rise for Foxconn Employees

Foxconn has made it to the headlines for all the wrong reasons till now especially for the suicide of one of its employees. Then Apple, forced Foxconn to open their factories to journalists so that they could know about the working conditions.

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Foxconn Employee Commits Suicide After Losing 4G iPhone Prototype

Mobile Phones are some of the consumer products with the greatest hype and thus most consumers love news, photos or any information regarding future phones and products. Many models of handsets are leaked to the public while some are kept secret till the moment of announcement.

One such example was the 1st Generation iPhone which was kept a secret till the last moment. Rumours were doing the rounds about the phone but nothing about the features or any photo leaked. Then when people began to write off the rumours, Apple made the announcement with a bang creating tremendous hype.

But today we hear the sad news and wonder whether all this secrecy is worth it. According to sources, 25 year old Sun Danyong, an employee at Foxconn committed suicide. The reason for this is because he lost a 4th Generation Prototype of the Apple iPhone which was entrusted to him to be shipped to Apple. Continue reading “Foxconn Employee Commits Suicide After Losing 4G iPhone Prototype”