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NEWS TAGGED FIH
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...
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 s...
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...