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NEWS TAGGED FIH
Wednesday 21 February 2018
FIH Mobile to swing to losses in 2017
FIH Mobile, a handset unit of the Foxconn Group, has said that it expects to swing to a net loss of up to US$525 million in 2017 due largely to losses arising from the impairment...
Tuesday 5 December 2017
Taiwan handsets – 3Q 2017
Shipments of Nokia-branded devices to HMD Global continued to buoy Taiwan's handset shipments in the third quarter of 2017. HMD's manufacturing partner, Foxconn, benefited most.
Tuesday 23 May 2017
FIH Mobile warns losses to expand in 1H17
FIH Mobile has issued a warning on its profitability, saying its net losses for the first half of 2017 are expected to more than double to US$240 million compared to US$110 million...
Wednesday 17 May 2017
Qualcomm files breach of contract complaint against Apple manufacturers for non-payment of royalties
Qualcomm has filed a complaint in the US District Court for the Southern District of California against FIH Mobile and Hon Hai Precision Industry (together known as Foxconn), Pegatron,...
Wednesday 5 April 2017
FIH issues profit warning for 1H17
FIH Mobile, a handset arm of the Foxconn Group, has issued a profit warning for the first half of 2017, anticipating that it is likely to incur a net loss of about US$110 million...
Monday 13 March 2017
FIH Mobile reports decreased earnings for 2016
FIH Mobile, the handset arm of the Foxconn Group, has reported net profits of US$136 million for 2016, declining 40.4% from a year earlier.
Tuesday 3 January 2017
FIH Mobile appoints acting chairman
Vincent Tong, chairman and executive director of FIH Mobile, a handset arm of the Foxconn Group, has resigned from the positions of chairman and director he held in the handset company...
Tuesday 4 October 2016
FIH Mobile warns net profits to fall 52% in 2016
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.
Tuesday 16 August 2016
India market: FIH Mobile to commence operations at new handset plant
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.
Monday 23 May 2016
FIH Mobile building handset production lines in Guizhou for Huawei
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...
Wednesday 18 May 2016
Microsoft to sell feature phone business
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...
Wednesday 18 May 2016
FIH Mobile suffers net losses for 1Q16
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.
Friday 6 May 2016
FIH Mobile issues earnings warning on weak demand
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...
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...