0
General

Foxconn expands in CE market with acquisition of Belkin for USD 866 mln

Tuesday 27 March 2018 | 08:36 CET | News
Foxconn Interconnect Technology (FIT) has agreed to acquire Belkin International for USD 866 million in cash. The takeover will see the cable-making company expand into the consumer electronics market with brands such as Belkin, Linksys, Wemo and Phyn. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Belkin / Foxconn / Linksys
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Foxconn mulls building 12-inch fab plant

Published 05 May 2018 08:07 CET | China
Foxconn Electronics created a semiconductor subgroup, which is considering a 12-inch fab construction, according to DigiTimes.com ...

Foxconn stapt in consumentenelektronica met overname Belkin voor EUR 866 Mln

Published 27 Mar 2018 09:01 CET | World
Foxconn Interconnect Technology (FIT) neemt Belkin International over voor 866 miljoen dollar in cash. Door de overname verbreedt ...

Foxconn gets regulatory approval for USD 4.3 bln IPO launch

Published 09 Mar 2018 09:03 CET | China
Foxconn Industrial Internet has received approval from China's securities regulator to raise capital through an initial public ...

Foxconn to invest USD 340 mln for AI apps at manufacturing sites

Published 05 Feb 2018 18:58 CET | World
iPhone assembler Hon Hai Precision Industry (Foxconn) plans to invest USD 342 million in artificial intelligence applications, ...

Alibaba, Foxconn invest in electric car manufacturer

Published 29 Jan 2018 10:30 CET | China
Chinese electric-vehicle manufacturer Xiaopeng Motors has raised CNY 2.2 billion in a funding round led by Alibaba, Foxconn and ...

Foxconn to build display screen factory in Wisconsin

Published 09 Oct 2017 13:16 CET | United States
Taiwanese manufacturer Foxconn plans to locate a display screen factory in the southeastern Wisconsin village of Mount Pleasant. ...

Fujitsu planning to sell mobile phone business - report

Published 22 Aug 2017 10:07 CET | World
Japanese IT giant Fujitsu is planning to sell off its mobile phone operations after struggling to compete with global rivals in ...





Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Elisa Q4 2021
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
::: More Calendar Items