Taipei, Sunday, October 23, 2016 00:31 (GMT+8)
News tagged FIH
  • Last update: Tuesday 4 October 2016 [116 news items]

FIH Mobile warns net profits to fall 52% in 2016

Newswatch - Oct 4, 15:42

FIH Mobile has warned that its net profits for 2016 will be lower than US$110 million, decreasing 52% from the US$229 million recorded a year earlier.

India market: FIH Mobile to commence operations at new handset plant

Aug 16, 22:04

FIH Mobile's new handset plant in Maharashtra, India will kick off production in the second half of 2016, one year after commencing operations of its plant in Andhra Pradesh.

FIH Mobile building handset production lines in Guizhou for Huawei

May 23, 14:04

FIH Mobile, an OEM handset arm of the Foxconn Group, is building new production lines in Guizhou, China in order to produce handsets for Huawei, according to Japan-based Nikkei...

Microsoft to sell feature phone business

May 18, 21:34

Microsoft has announced it has reached an agreement to sell its entry-level feature phone assets to FIH Mobile, a subsidiary of the Foxconn Group, and HMD Global, Oy for US$350 mil...

FIH Mobile suffers net losses for 1Q16

May 18, 11:03

Hong Kong-listed handset ODM FIH Mobile, a member of the Foxconn Group, has announced revenues of US$1.083 billion for the first quarter of 2016, dropping 46.22% on year.

FIH Mobile issues earnings warning on weak demand

May 6, 12:01

FIH Mobile, an OEM handset unit of the Foxconn Group, has issued an earnings warning, expecting its net profits for the first half of 2016 to reach only US$10-20 million, a decline...

FIH Mobile nets US$229 million in earnings for 2015

Mar 17, 22:08

Handset ODM FIH Mobile, a member of the Foxconn Group, has reported 2015 revenues of US$7.451 billion, up 9.09% on year, as net profits surged 35.06% to US$229 million.

Xiaomi to unveil Mi 5 in Barcelona and Beijing, says report

Newswatch - Feb 19, 12:41

Xiaomi Technology will unveil its new smartphone, the Xiaomi Mi 5, at MWC 2016 in Barcelona, Spain and in Beijing on February 24, according to a Chinese-language Economic Daily...

Foxconn increases presence in second-hand handset market

Dec 3, 11:08

Foxconn Electronics has stepped up its investments in the second-hand smartphone market as part of its efforts to promote environmental protection globally, according to industry...

China market: FIH Mobile sets up electric car rental service company in Hangzhou

Newswatch - Dec 2, 21:54

FIH Mobile, a mobile device maker under the Foxconn Group, has invested CNY1.2 billion (US$187.57 million) to set up an electric car rental service company in Hangzhou, China, according...

Lenovo to step into OEM handset business

Sep 10, 10:44

Lenovo has decided to ramp up the capacity utilization rates of its handset production facilities by stepping into the OEM handset business, in a move to revive its dwindling handset...

South Korea market: SK Telecom to launch Luna produced by FIH Mobile

Sep 1, 15:46

Korea-based SK Telecom will start marketing a smartphone with high specifications but a low price tag, the Luna, in the Korea market on September 4, according to a Korea-based Yonhap...

FIH Mobile to invest US$200 million in India e-commerce platform

Aug 19, 15:45

FIH Mobile, a smartphone manufacturing subsidiary of Foxconn Electronics (Hon Hai Precision Industry), has recently announced it will invest US$200 million via its Singapore-based...

Sony Mobile to have Arima, FIH produce mid-range smartphones

Aug 3, 15:17

Sony Mobile Communications will have Taiwan-based ODMs Arima Communications and FIH Mobile produce mid-range smartphone models Xperia C5 Ultra and Xperia M5 respectively, according...

FIH Mobile likely to set up new production base in India

Mar 24, 22:17

FIH Mobile is likely to set up a new production base in India in order to produce handsets for local brand vendor Micromax as well as for China's Xiaomi Technology, according to industry...

FIH Mobile net profits up 118% in 2014

Mar 20, 15:27

FIH Mobile has reported revenues of US$6.83 billion for 2014, increasing 36.7% from a year earlier. Net profits for 2014 reached US$169 million, up 118% from the previous year.

Arima Communications may be hit by Sony Mobile decreasing orders

Mar 20, 15:09

Taiwan-based handset ODM Arima Communications is expected to face mounting pressure on its operations as its major client Sony Mobile Communications is likely to further reduce its...

Sony Mobile to use more MediaTek smartphone solutions, say sources

Feb 12, 11:47

Sony Mobile Communications will increase its purchases of handset solutions from MediaTek for production of entry-level and mid-range smartphones in 2015, according to sources at...

Sony Mobile Xperia E4

FIH Mobile to close India plant

Dec 15, 12:16

FIH Mobile, the handset arm of Foxconn Electronics, will officially close its handset assembly plant in Chennai, India on December 24, 2014, according to the company.

FIH investment in CExchange targets China market

Sep 10, 15:37

FIH Mobile, a Hong Kong-listed smartphone ODM belonging to the Foxconn Group, has made a strategic investment of US$10.5 million for a 30% stake in CExchange, a US-based provider...

FIH Mobile invests in CExchange

Sep 9, 11:24

FIH Mobile, a smartphone ODM under the Foxconn Group, has made a strategic investment of US$10.5 million for a 30% stake in CExchange, a US-based provider of consumer electronics...

Taiwan handset ODMs losing orders from regional brands to China rivals

Jun 26, 22:47

Taiwan-based handset ODMs are losing orders from regional brands in Southeast Asia, Latin America, the Middle East and Europe to China-based rivals due to price competition and concerns...

Sony Mobile may release ODM orders for 20-25 million smartphones to Taiwan makers

May 19, 21:18

Japan-based vendor Sony Mobile Communications has set target shipments of 50 million smartphones for fiscal year 2014 (April 2014-March 2015) and the vendor is likely to release orders...

Nokia tax dispute to affect FIH Mobile deployments in India, say sources

May 16, 16:08

A dispute over taxes between Nokia and the India government is likely to bring some adverse impacts to the related supply chain, including a plant of FIH Mobile, in Chennai, India,...

FIH turns profitable in 2013

Mar 24, 11:10

Hong Kong-listed FIH Mobile, a handset ODM belonging to the Foxconn Group, saw its 2013 operations swing from a net operating loss of US$218 million for 2012 to net operating profit...

MWC 2014: BlackBerry unveils Z3, Q20 smartphones

Feb 26, 13:54

BlackBerry has unveiled two new smartphones, the BlackBerry Z3 and BlackBerry Q20, at Mobile World Congress (MWC) 2014. The Z3 packs a 5-inch touchscreen and target markets in Southeast...

Foxconn chairman Terry Gou with a BlackBerry Z3

Motorola, LG to release new ODM smartphone orders to Taiwan-based suppliers

Jan 6, 13:28

Motorola Mobility and LG Electronics reportedly will release new ODM smartphone orders to Taiwan-based handset makers, a move which help Taiwan handset suppliers ease their over reliance...


FIH/BlackBerry cooperation may help activate Foxconn Indonesia investments

Dec 23, 21:32

Foxconn International Holdings' (FIH's) recent cooperation with smartphone vendor BlackBerry is expected to help resume Foxconn's investment plans in Indonesia, which have not been...

FIH Mobile pushing mobile accessory products

Nov 1, 12:09

FIH Mobile, a smart mobile device making subsidiary of Foxconn Electronics (Hon Hai Precision Industry) has started a new business to develop accessories for mobile devices and will...

More handset ODMs likely to become targets for acquisition

Oct 1, 15:12

Taiwan-based handset ODMs including Arima Communications, Wistron NeWeb and FIH Mobile are likely to be the targets for acquisition after Compal Electronics announced its plans to...

Sony Mobile aims to ship 65 million smartphones in fiscal 2014

Sep 30, 15:22

Sony Mobile Communications aims to ship 65 million smartphones in its fiscal year 2014 (April 2014-March 2015), up 55% from the 42 million units projected for the current fiscal year,...

FIH Mobile swings back to profitability in 1H13

Newswatch - Aug 13, 20:07

FIH Mobile (formerly Foxconn International Holdings) has reported net profits of US$17.66 million for the first half of 2013, compared to a net loss of US$226 million a year earlie...

Taiwan market: InFocus launches 2 smartphones for mid-range segment

Jul 31, 16:24

US-based InFocus has launched two smartphones, the IN610 and IN810, in the Taiwan market, with unlocked prices set at NT$11,900 (US$398) and NT$13,900, respectively.

FIH Mobile to launch a series of customized smartphones for clients

Jul 19, 15:41

FIH Mobile, formerly known as Foxconn International Holdings (FIH), a handset subsidiary of Foxconn Electronics (Hon Hai Precision Industry), has recently started developing a series...

China-based BYD strengthening presence in global OEM/EMS smartphone, tablet markets

Jul 10, 11:39

China-based BYD Electronic has strengthened its presence in the global OEM/EMS smartphone and tablet markets, posing increased competition to Taiwan-based handset ODMs and component...

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Trends and forecasts for the China FPD industry, 2014-2017

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