Monday, July 16, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Windows 10 Upgrade to Bring Changes to Notepad, Edge
YouTube Copyright Match Tool Fights Content Stealing
Amazon to Compete With Cisco in Networking Equipment: report
Twitter, Facebook, Alphabet to Testify at U.S. House hearing
Google's Head Chip Designer Moves to Facebook
U.S. DoJ Indicts 12 Russian Intelligence Officers for Hacking Offenses Related to the 2016 Election
PC Shipments Grew For the First Time in Six Years During the 2Q of 2018
ZTE Expects Losses Due to U.S. Penalty
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Foxconn...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 27, 2018
Foxconn Buys Belkin International


Foxconn Interconnect Technology Limited (FIT), a subsidiary of Hon Hai Precision Industry Co., Ltd., has acquired Belkin, which also owns the Linksys, Phyn and Wemo brands, the company announced on Tuesday.

The US$866 million transaction will create a global consumer electronics leader.

Leveraging Belkin's strength in research and development capabilities and the consumer products channel, FIT is expected to further tap into premium accessories and the smart home market. The transaction would also fuel the growth of Belkin's portfolio of brands and products and supports further investment in research and development and engineering to expand FIT and Belkin's presence in the U.S. and key markets globally.

Belkin International and its family of brands will continue to operate as a subsidiary of FIT under the leadership of CEO and founder Mr. Pipkin and his executive team. Mr. Pipkin is expected to join FIT's management team.



Previous
Next
Toshiba Memory to Make New Investment in Production Equipment for Fab 6 at Yokkaichi Operation        All News        Xiaomi Unveils Mi MIX 2S Smartphone, Mi Gaming Laptop
VIZIO Launches Its 2018 TV and Sound Lineup     Consumer Electronics News      Pioneer Releases 80th Anniversary TAD-ME1 "Micro Evolution One" Speakers

Get RSS feed Easy Print E-Mail this Message

Related News
Foxconn to Further Expand in the U.S. Market Though Vizio
Foxconn's Q1 Profit Declined
Foxconn to Focus On Display and 8K Camera Manufacturing
Foxconn to Invest $340m in AI venture
iPhone Assembler Hon Hai to Get OLEDs from Sharp
Apple Confirms Student Personnel Worked Overtime For Hon Hai on iPhone X plant
Delay of iPhone X production Had an Impact in Foxconn's Earnings
Foxconn, Apple, and SoftBank Pursue Acquisition of Toshiba Memory Unit
Foxconn Announces U.S. Manufacturing Plant in Wisconsin
Foxconn Confirms US Investment Plan
Apple, Dell, Kingston, Amazon, Could Join Foxconn In Bid for Toshiba Chip Business
Foxconn, Apple and Amazon to join Bid for Toshiba Chip Business: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .