Times of India — NEW DELHI: To counter Reliance Jio’s bid to capture the 4G services market with low cost bundled handsets, telecom major Bharti Airtel is planning to launch Airtel branded smartphones for Rs 4,000 by October-November. “Airtel is in advanced stages to finalise vendors to launch dual mode 4G handset in the price range of Rs 4,000-12,000. Negotiations are around if it should be only Airtel branded handset or co-branded handsets,” a industry source privy to the development said.
Digi Times — The Foxconn Group plans to establish 10-12 plants to create over one million job opportunities in India before 2020, according to chairman Terry Gou. The rise of the domestic market and clients’ demand for local production in India, including Apple, Microsoft and Xiaomai, has prompted Foxconn to consider building its production bases in the country, said sources at Taiwan’s handset supply chain.
Times of India — NEW DELHI: Foxconn Technology Group, the world’s largest contract manufacturer, is aiming to create at least a million jobs by setting up 10-12 manufacturing facilities across the country by 2020, its chairman said. Terry Gou, head of the maker of iPhones and iPads for Apple and Kindles for Amazon, told reporters on a short trip to India that Foxconn would look to set up the manufacturing plants, initially in five states including Andhra Pradesh, Gujarat, and Maharashtra and expand to other states across the country by 2020.
Want China Times — Taiwan-based Foxconn Technology Group, the world’s largest contract electronics maker, will assemble smartphones in India for Chinese brand Xiaomi, according to a report posted Wednesday by India’s technology website TeleAnalysis. The report cited an unnamed official from Sri city as saying that since early June, Foxconn, known in Taiwan as Hon Hai Group, has been moving production facilities from its plant in Chennai to a new base located in Sri city,
Digi Times — The Foxconn Group apparently has slowed down its investment in Vietnam as the group has continued to build up production lines in India and Indonesia in order to roll out products for emerging markets, according to industry sources. The Vietnam government has recently canceled a license it granted to Foxconn in 2008 to build a US$200 million plant for the production of handsets, PC systems and other electronics as the Taiwan-based EMS giant has so far failed to carry out the planned investment project.
Digi Times — China-based vendor Xiaomi Technology will soon its launch entry-level Hong Mi (Red Rice) 2 smartphone in the Brazil market and Taiwan-based vendor Asustek Computer will also launch its ZenFone 2 smartphone in the market in August, with the two models under production by a factory set up there by Taiwan-based EMS provider Foxconn Electronics, according to industry sources in Taiwan.
Times of India — NEW DELHI: Japanese electronics giant Sony is all set to make in India, though the products will be contract-manufactured at Taiwanese maker Foxconn’s upcoming facilities in the country. Sony looks at local sourcing for the second time after it stopped the practice in 2004 when it opted to only import.
Digi Times — Japan-based Nintendo is planning to launch its next-generation games console in 2016 and has recently asked its supply chain partners to start pilot production in October, at the latest. The console will be manufactured by Foxconn Electronics (Hon Hai Precision Industry), but Pegatron Technology is aggressively trying to snatch some of the orders, according to sources familiar to the plan.
Times of India — BENGALURU/MUMBAI: Foxconn plans to partner with the Adani Group to set up at least four electronics manufacturing facilities in India, sources told TOI. Top executives of Foxconn, the Taiwanese company best known for making Apple devices, are said to have visited Karnataka, Maharashtra, Andhra Pradesh and Gujarat earlier this month to look at possible locations for the facilities.
China Tech News — Alibaba Group announced that the company and Taiwan-based Foxconn have made strategic investments of JPY14.5 billion, which is about CNY732 million, into SoftBank Robotics Holdings Corporation. Under the agreement signed by the three parties, Alibaba and Foxconn will hold a 20% stake in SBRH, respectively; while SoftBank will own the remaining 60%.
Times Of India — NEW DELHI/CHENNAI: An old Pepsi building in Sri City in Andhra Pradesh will soon start humming with activity again. That’s where Foxconn Technology Group, the world’s largest contract manufacturer, will make phones for Chinese brand Xiaomi. Foxconn had begun work on the site across from the Tamil Nadu border two months after shutting down the third and last of its plants in that state in February. The Sri City unit won’t be too big — it will make about 10,000 phones a day — but Foxconn has ambitious plans for India that could eventually make the country a key manufacturing base for the company, comparable with China.
NEW DELHI: Japan-based telecom and Internet major SoftBank Corp and Taiwan-based Foxconn Technology Group are in talks to form a joint venture for electronics manufacturing in India, as Prime Minister Narendra Modi’s ‘Make-in-India’ push helps the country to become an attractive alternative to China as a manufacturing base. Foxconn, the world’s largest contract electronics manufacturer and maker of the iconic iPhones, will lead the new joint venture while SoftBank will support the former for the same, Masayoshi Son, Chairman & CEO of SoftBank told ET.
Foxconn Electronics will team up with Japan-based Softbank to form a joint venture for manufacturing robot products, according to Japan-based Nikkei Asian Review. Foxconn and Softbank have been cooperating on the production of robots since June 2014, and Foxconn has rolled out a bunch of ‘Pepper’ robots developed by Softbank’s subsidiary, Aldebaran, said the report.
NEW DELHI: Taiwanese electronics maker Foxconn Technology Group is scouting for the best deals in the Indian startup market — with help from two of India’s top entrepreneurs Kunal Bahl and Rohit Bansal — joining a growing list of global corporations looking for a share of the action in one of the world’s most dynamic startup hubs. Over a dozen Indian startups met Wen-Hsin (Vincent) Tong, chairman and director of investments at FIH Mobile Limited, an investment arm of Foxconn, at the New Delhi office of Snapdeal last weekend, according to two people with direct knowledge of the initiative.
Startup activity in France around Internet of Things continues to heat up. Following yesterday’s news that Samsung had taken an investment in Sigfox, today another IoT startup, Actility, announced that it has raised €22.5 million ($25 million), led by Ginko Ventures, the European investment arm of Foxconn. Others in the round include the carriers Orange (which has disclosed a €3 million stake), Swisscom and KPN, as well as Fonds Ecotechnologies managed by Bpifrance Investissement, Idinvest Partners, and Truffle Capital.
MUMBAI: Foxconn Technology is in talks to manufacture Apple’s iPhone in India, government officials said, in a move that could lower prices in the world’s No.3 smartphone market where the US firm trails Samsung Electronics and local players. India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones, and base production sites closer to markets where its key clients want to grow.
Apple will work with Foxconn Technology Group–known as Hon Hai Group in Taiwan–to promote its Asia-Pacific data center located in China’s Guizhou province, Chinese media reported Thursday. Lisa Jackson, Apple’s vice president of environmental initiatives, said the company attaches great importance to big data industry, with emphasis on data security and the values of data mining concepts.
[MUMBAI] Foxconn Technology is in talks to manufacture Apple’s iPhone in India, government officials said, in a move that could lower prices in the world’s No 3 smartphone market where the US firm trails Samsung Electronics and local players. India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones, and base production sites closer to markets where its key clients want to grow.
Foxconn Electronics will continue to expand the Big Data center it built in Guizhou, China in order to accelerate its development of Industry 4.0 and smart products, according to company chairman Terry Gou. Gou made the remarks on the sidelines of Guiyang International Big Data Expo 2015 and Global Big Data Era Guiyang Summit held recently in the China’s northwestern Quizhou province.
It might not matter where your iPhone comes from, but given Foxconn’s past when it comes to manufacturing and staff treatment, it might be interesting to know the primary manufacturer for the iPhone and iPad is planning a move to India. It could be Foxconn’s fallen for the ‘Make in India’ initiative billed by the Indian government to get companies to manufacture goods in the country. The government claims it has an active workforce capable of providing solid performance, alongside excellent business laws and taxes.