BlackBerry Hires Former HTC, Sony Exec as Device Lead
BlackBerry has hired Ron Louks to serve as president of devices and emerging solutions. Louks has worked for both HTC and Sony Ericsson in the past. Louks is being tasked with reviving BlackBerry's flagging smartphone division. The company recently announced that it will co-develop a new low-cost smartphone with Foxconn as it hopes to kickstart a comeback.
Sharp Leaning Toward Foxconn's $5.5B Bid
Feb 4, 2016
Sharp is favoring an acquisition offer from Foxconn over a potential rescue from Japanese investors. Sharp has lost market share in the consumer electronics business over the last few years while prices for its display panels have sunk.
Foxconn to Buy Belkin for $866 Million
Mar 27, 2018
Foxconn says it has agreed to acquire Belkin International for $866 million in cash. Foxconn, a unit of Hon Hai Precision, is most widely known for manufacturing iPhones for Apple.
T-Mobile and Sprint Agree to Merge and Unite Under T-Mobile Brand and Leadership
Apr 29, 2018
T-Mobile and Sprint today announced plans to merge in an all-stock deal that will create a "New T-Mobile" worth $146 billion. The new company's combined radio spectrum assets will allow it to accelerate deployment of 5G technology.
Foxconn Commits to Building Wisconsin Factory
Jul 26, 2017
Foxconn today said it will build a manufacturing facility in Wisconsin, where it will make LCD panels and employ up to 3,000 people. The company previously announced it might invest up to $10 billion in the U.S.