Foxconn is a Taiwanese multinational electronics manufacturing company. The company is the largest contract manufacturer for Apple Inc. Apart from Apple, Foxconn also manufactures smartphones for companies like Xiaomi, Nokia and Gionee. The company has two manufacturing plants in India which are located in Chennai and Tamil Nadu. Out of the two, the Chennai plant was dedicated to manufacturing Nokia smartphones. But, that plant has remained shut since 2015 after Nokia’s acquisition by Microsoft. The Chennai plant was left out of this deal due to some tax disputes with the Indian government. However, the company plans to revive operations at this location which will be used to [...]
Telecom Minister of India, Ravi Shankar Prasad on Saturday revealed that mobile phone production in India had crossed the 100 million mark while also telling the media that many leading companies also want to set up their manufacturing units in the country in the coming year. This favourable news comes in at a time when there is an increased push from the country’s government for its pet project, “Make in India”.
“Today, I am happy to announce that in December, Rs 1.14 lakh crore investment has come in electronic manufacturing in India. We have attracted around 15 new mobile plants. Earlier in 2014, 68 million (mobile phones) were being manufactured and [...]
In line with the enthusiastic ‘Make in India’ initiative that was kickstarted by Narendra Modi in September 2014, the latest to join the bandwagon is Asus. The Taiwanese Smartphone manufacturer has declared that they will start manufacturing smartphones locally, in Sri City, Andhra Pradesh.
This is a great move by the company as it will christen them into the highly competitive Indian Smartphone market. They ambitiously aim to produce 1.5 lakh phones by the end of this financial year, thereby contributing to 80% of the sales in India, as per reports.
Asus India Country [...]
The smartphone landscape in India is rapidly flourishing. Previously Xiaomi expressed its view to build a manufacturing unit in the country and now, Microsoft is mulling over the same thought. The US-based firm Microsoft is pondering over establishing a local manufacturing unit in India after the government’s decree on import. The company says that post the Indian government’s rigorous take on international organizations, it would be expensive to bring phones to the country.
Corporate Vice-President at Microsoft Mobile Device Sales, Chris Weber reiterated the same, “We’re evaluating local manufacturing in terms of [...]
Foxconn, one of the biggest contract manufacturing firms based in Taiwan, is most popular for being the manufacturer of Apple’s iPhone. The company is now planning to set up manufacturing the Apple iPhones at its units in India.
It was reported by Economic Times that Foxconn will be manufacturing the Apple iPhone in India. The locations selected for setting up the manufacturing units include Gujarat, Noida, and a small trial unit in Andhra Pradesh. Foxconn had to previously suspend production at three units on the Chennai-Bengaluru highway due to the Microsoft-Nokia deal. The closure of those three plants resulted in [...]
China is the biggest manufacturing hub in the world. State provided incentives, low wages and the lack of strict labour laws have helped the country become a formidable force in the field of manufacturing. The country is slated to become the biggest employer for robots by 2017.
To give a boost to its automotive and electronics production the country is in an active automation-drive. The wages have grown over the years and hence the companies are being forced to invest in robots.
The trend has started with automobile production, but specialists believe it will soon be seen in the [...]
Royal Enfield, India’s oldest maker of motorcycles, is looking at doubling its sales at 150,000 units during the next year (2013) as against 75,000 units sold in 2011. For the year 2012, the company is aiming at selling 100,000 bikes.
In order to meet the growing demand for its high performance motorcycles, the company is setting up second manufacturing unit at Oragadam near Chennai at an investment of Rs 150 crore. It has bought 50 acres land for the purpose. The plant will commence production during the first quarter of 2013, Shaji Koshy, senior vice president, sales and [...]
The big split is finally, final. Sony and Ericsson have finally spilt up, to name the new company Sony Mobile Communications. Sony has finally taken over Telefonaktiebolaget LM Ericsson’s 50-percent stake in the pair’s former joint venture, reported to have cost €1.05 billion ($1.37 billion). The reports of this split started to appear in the last months of 2011.
PRESS RELESE :The previously announced divestment of Ericsson’s share of Sony Ericsson to Sony, including the broad IP cross-licensing agreement, completed on February 15, 2012 Ericsson’s gain on the transaction will be approximately SEK 7.5 billion and reported as [...]
Rumors are all out, and put to an end. Sony has confirmed that it will buy out its stake from the JV of Sony Ericsson for a whopping €1.05 billion in exchange for its 50 percent. This will give Sony full ownership of the company soon to be rebranded worldwide. This will also enable the company to have a more systematic alignment with the arsenal of tablets and PCs it plans in the future.
The buyout will also give IP cross-licensing agreement and ownership of “five essential patent families” to ensure they stay in the mobile phone business. The separation will be finalized in Jan 2012.
Apple’s recent trade agreement with Simplo Technology Co. and Dynapack International Technology Corp. if for the supply of batteries to the next generation of iPad expected from the company later this year. The new battery is thinner and lighter than the ones used in the iPad 2, but still supply a longer battery life. Due to this the cost of batteries to Apple is expected to rise by about 30%
A thinner and lighter iPad could mean serious trouble for business for competitors who are already struggling against the existing iPad 2.
Now that the iPhone 5 is set to launch soon , Apple’s manufacturing partners have reportedly begun assembling the iPhone 5 according to a new report from Macotakara.
Foxconn, who handle 85% of iPhone 5 production, and Pegatron, which has picked up a contract for the remaining 15%, have begin manufacturing parts for the expected jesus phone. Citing information from an anonymous source, the report also notes that finished devices are not yet being packaged, as the release build of iOS 5 has not yet been finalized.
A the heat begins to mount for the impending launch for the next big iOS device, reports are pinging to a cheaper 8GB iPhone 4 this september itself, that could also means an end September release for the the upcoming iPhone 5.
Reports are also mentioning that Apple has warned their manufacturers that the demand of 45 million iPhones need to be shipped when the lower price is announced. The rumors of an early october launch are also shunted to show a end-september Launch of the iPhone 5