Tag «Foxconn»

India Says a Big Thank You to its brave soldiers

An overwhelming 20,845 “Happiness Boxes” sent to armed forces   New Delhi, 26 August, 2016: Snapdeal, India’s largest online marketplace, announced that the campaign ‘India Says Thank You’ received overwhelming response from well-wishers, with 20,845 ‘Happiness Boxes’ being sent to soldiers in the Indian Army and Navy. An initiative by 21Fools — an organization that …

Foxconn Ties Up with Mozilla to Develop Firefox 0S Tablets

Mumbai / Bangalore – January 9, 2013   Foxconn, world’s leading manufacturer of computer components and systems, today announced its tie up with Mozilla to develop tablets based on Firefox OS tablets. Taiwan-based chipmaker VIA Technologies will be joining the project.   This partnership is aimed at offering hardware, software and application designers opportunities to …

Foxconn to invest US$40 million in Pennsylvania

Mumbai / Bangalore- December 13, 2013 Foxconn, world’s leading manufacturer of computer components and systems, will invest US$40 million in Pennsylvania, the US, over two years, according to group president Terry Guo. “The investment is in line with the US government’s Advanced Manufacturing in America policy. Foxconn will invest US$30 million in Foxconn East America, …

Foxconn Ties-up with China-based Games Developer to Develop Tablets in Education Sector

Mumbai / Bangalore – November 11, 2013   Foxconn, world’s leading manufacturer of computer components and systems, has announced their joint venture with China-based games developer Netdragon Websoft and investment firm Vision Knight Capital (China) Fund through its subsidiary Foxteq Holding. Foxconn will invest a total of US$33 million. The new joint venture will focus …

Foxconn China Plants Continue Hiring Spree

China-based production sites in Shenzhen, Zhengzhou and Taiyuan hiring workers Mumbai / Bangalore – October 21, 2013 Foxconn, world’s leading manufacturer of computer components and systems, have been hiring additional workers in order to meet customers’ shipping schedules. The recruitment is meant to facilitate shipments for Apple’s new products that were released in September. Since …

Foxconn Enters the Supply Chain of Mercedes Benz and BMW

Mumbai / Bangalore – September 25, 2013 Foxconn, world’s leading manufacturer of computer components and systems, has entered into the supply chains of Mercedes Benz and BMW with its auto parts and components. Foxconn has also approached electric car vendors to negotiate possible orders. Foxconn’s development in the car product business is not limited to …

Foxconn Focuses on Developing New-Generation Automated Robots

Mumbai / Bangalore- August 29, 2013   Foxconn, world’s leading manufacturer of computer components and systems, is developing new-generation robots for the purpose of automation on its product lines. Foxconn breaks through the bottleneck in key technologies, its goal of building a million automation robots to be achieved shortly which is expected to be around …

Foxconn Witnesses 10% Revenue Growth in 2013

Mumbai / Bangalore – August 22, 2013   Foxconn, a leading manufacturer of computer components and systems, has reported consolidated revenues of NT$895.6 billion (US$29.91 billion) for the second quarter, up 10.7% sequentially with gross margin rising 0.12pp to 5.8%, net profits reaching NT$16.98 billion and EPS at NT$1.30. Although Foxconn only had consolidated revenues …