Foxconn

Foxconn Interconnect Technology this week signed a definitive agreement to take over Belkin International, the company that controls such brands as Belkin, Linksys, Wemo, and Phyn. Foxconn will pay $866 million in cash for Belkin’s assets. Under the terms of the agreement, Belkin will become a subsidiary of FIT, and all the brands will be preserved. Chet Pipkin, CEO and founder of Belkin, will remain at the head of the subsidiary. As part of the announcement, Foxconn promises that it will increase R&D spending of Belkin and grow the company’s portfolio of products. Belkin and Linksys are primarily known for their PC/mobile accessories and network equipment, whereas the Wemo and Phyn brands are used to market smart home equipment. Foxconn believes that all of the product...

Nokia 6 to Hit U.S. Market on July 10: 5.5-inch LCD, Snapdragon 430, $229

HMD Global has announced that it would begin sales of its Nokia 6 smartphone in the U.S. in early July. The product will be available in two colors and...

27 by Anton Shilov on 7/3/2017

Nokia 6 Announced: Qualcomm Snapdragon 430, 5.5-Inch Display, Android 7

On the day CES 2017 closed its doors, HMD Global introduced its first Nokia-branded smartphone that will be available exclusively in China in the coming weeks. The Nokia 6...

36 by Anton Shilov on 1/9/2017

HMD Closes Nokia Brand and Patents Deal with Microsoft, Smartphones Due in 2017

HMD Global and FIH Mobile on Thursday announced that they had completed their buyout of Nokia assets from Microsoft which opens a way for return of Nokia branded smartphones...

28 by Anton Shilov on 12/2/2016

BlackBerry Stops Development of Smartphones, Set to Outsource Hardware Development

BlackBerry on Wednesday said it would cease internal development of its hardware and will transfer that function to its partners. While the BlackBerry-branded devices will remain on the market...

35 by Anton Shilov on 9/28/2016

Nokia Is Set to Return to Smartphones and Tablets: What to Expect?

For several months now, the management of Nokia has been talking about the possible return of the brand to the smartphone market, but emphasized multiple times that the corporation...

37 by Anton Shilov on 5/25/2016

Foxconn Takes Control of Sharp

Foxconn Technology Group, the world’s largest contract maker of consumer electronics, announced on on Wednesday that they have officially acquired Sharp, a major maker of LCD panels and various...

7 by Anton Shilov on 3/30/2016

Nokia Announces N1 Tablet: 7.9” & Powered By Android

Since selling their mobile device division to Microsoft, much contemplation has been had over the future of Nokia. As it slowly turns out, their future is not all that...

54 by Ryan Smith on 11/18/2014

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