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Thursday 17 March 2016
FIH Mobile nets US$229 million in earnings for 2015
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.
Friday 19 February 2016
Xiaomi to unveil Mi 5 in Barcelona and Beijing, says report
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...
Thursday 3 December 2015
Foxconn increases presence in second-hand handset market
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...
Wednesday 2 December 2015
China market: FIH Mobile sets up electric car rental service company in Hangzhou
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...
Thursday 10 September 2015
Lenovo to step into OEM handset business
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...
Tuesday 1 September 2015
South Korea market: SK Telecom to launch Luna produced by FIH Mobile
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...
Wednesday 19 August 2015
FIH Mobile to invest US$200 million in India e-commerce platform
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...
Monday 3 August 2015
Sony Mobile to have Arima, FIH produce mid-range smartphones
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...
Tuesday 24 March 2015
FIH Mobile likely to set up new production base in India
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...
Friday 20 March 2015
FIH Mobile net profits up 118% in 2014
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.
Friday 20 March 2015
Arima Communications may be hit by Sony Mobile decreasing orders
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...
Thursday 12 February 2015
Sony Mobile to use more MediaTek smartphone solutions, say sources
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...
Monday 15 December 2014
FIH Mobile to close India plant
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.
Wednesday 10 September 2014
FIH investment in CExchange targets China market
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...
Tuesday 9 September 2014
FIH Mobile invests in CExchange
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...
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