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Tag: Foxconn

Nokia Android smartphone likely to be manufactured by Foxconn

nokia android smartphone 1
The Nokia brand was recently bought by Foxconn from Microsoft for a considerable $350 million and now the company is planning to release two new smartphones into the market based on the Nokia mobile phones brand but from the house of HMD global Oy. Both...

Nokia Android smartphone P1 press renders leak online

Since Nokia's official announcement of re-entry in the smartphone market back in May, rumours of a forthcoming Nokia smartphone have been doing rounds on the web. As early in July, leaked images of a handset emblazoned with the Nokia logo, deemed to be called...

Xiaomi, Foxconn in talks to open new manufacturing units in India

Last year, Xiaomi and Foxconn collaborated with each other to manufacture smartphones in India. The Redmi 2 smartphone was the first Xiaomi smartphone which was manufactured at the facility in Sri city, Andhra Pradesh. Now about a year later, both the companies are trying...

Foxconn ‘Make in India’ smartphone production to start by 2016-end

After almost 11 months of signing the Memorandum of Understanding (MoU) with the Indian government, Foxconn is yet to make a major move on their $5 billion investment plan in Maharashtra. Reportedly, the company is yet to apply for land for its R&D facility,...

Foxconn replaces 60,000 workers with robots in China!

According to a South China Morning Post article dated 25th May, Foxconn fired 60,000 employees and employed robots instead. The factory strength has been reduced to 50,000 people. This is a part of a makeover that the company is undergoing since the industrial explosion...

Microsoft to sell Nokia Feature Phone Business to HMD Global for $350 million

Earlier today, Microsoft announced that its feature phone assets had been sold to FIH Mobile, a subsidiary of HMD Global, and HMD Global. The deal is estimated to be worth $350 million. As a result of this deal, the Microsoft Mobile Vietnam manufacturing facility...

Oppo to set up manufacturing unit in Noida under ‘Make in India’ initative

Oppo, a Chinese smartphone manufacturer is gearing up to establish a manufacturing unit in Noida under 'Make in India' initiative. By pumping an investment of Rs. 100 crore, the unit, expected to start operations in August 2016 and will have an initial capacity to...

OnePlus ties-up with Foxconn to Make OnePlus X in India

OnePlus Make In India Foxconn
Chinese smartphone maker, OnePlus, has entered into a business partnership with Make in India, a famous bandwagon, to manufacture its products in India. OnePlus has selected Foxconn for the production of smartphones at Sri City in Andhra Pradesh. The first assignment of made in...

Snapdeal snaps $500 million funding from Alibaba, Foxconn and SoftBank

India’s fastest growing online portal, Snapdeal has revealed that China`s Alibaba Group Holding, Japan's SoftBank Group Corp. and Foxconn will together invest $500 million as Snapdeal is poised to expand in the fast-growing e-commerce sector. The move once again signifies the importance of India and...

Foxconn Bags 50% of HP’s AIO PC Orders for 2014

Foxconn, established in 1947 is world's one of the leading PC components and systems manufacturers. Foxconn today announced that it has received 50% of Hewlett-Packard's (HP) AIO PC orders to work upon in 2014 year. HP has already closed working on all-in-one PC orders from...

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