Foxconn
Spotlight
In a first, Google to start Pixel smartphone production in TN, says CM Stalin
PTI -
The decision to start its production unit was a result of negotiations initiated by the state government with Google managementNew Delhi: Google will partner with Foxconn to produce its Pixel smartphones for the first time in Tamil Nadu, Chief...
Consumer Durables & IT
Foxconn to set up electronic manufacturing plant in Telangana, to provide 1 lakh jobs
PTI -
Taiwanese electronics giant, Foxconn will generate employment for over one lakh people by establishing a manufacturing facility in Telangana
Hyderabad:Â Taiwanese electronics giant, Foxconn will establish a manufacturing facility in Telangana which will create employment generation potential for over 1,00,000 people.
A...
Retail
Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision
Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart.
According to a PTI report: Glass, a former Microsoft executive, has written an email...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
International News
Apple to set up $7 bn manufacturing plant in US
IANS -
Taiwan technology giant Foxconn is teaming up with Cupertino, San Francisco-based Apple to set up a display-panel manufacturing facility in the US with an investment of $7 billion, the media reported on Monday.
"The facility could create between 30,000 and...
International News
Apple partners with Foxconn for expansion in Southeast Asia
IANS -
In an effort to expand its market to Southeast Asia, technology giant Apple has partnered with Taiwanese electronics major Foxconn, media reports said.
According to a report on DigiTimes on Monday that cited a Chinese-language Economic Daily News report, Apple...
Retail
Apple yet to submit proposal to make iPhones in India
Apple CEO Tim Cook during his visit met Prime Minister Narendra Modi and spoke of possibilities of manufacturing, but the company has not submitted any proposal with the IT Ministry to set up its plant in India, Parliament was...
Latest News
Asus to launch smartphones in India
During the last few years, Indian retail market has seen the entry of many international players who are eyeing at establishing themselves in this booming market. Following suit is Taiwan's Asus, which is counted among the world's largest personal...
Retail
Foxconn to takeover Sharp Corp, gains a big discount
After a long tussle and contemplation, Taiwanese multinational Foxconn has finally agreed to acquire Japan's Sharp Corp. Through this endeavour, they are achieving a big discount to the original offer.
Both the companies have held separate board meetings on Wednesday...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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