Terry Gou

RED and Foxconn Team Up to Make 8K Cameras at 1/3 the Price

Cinema camera maker RED and Foxconn (best known for manufacturing the iPhone) have announced that they’re teaming up to create affordable …

Foxconn

Photo FOMO: Cheap 8K cameras, shooting at 3B miles, and a 15-hour action cam

<i>Afraid of missing out on the latest photo industry news while you’re out, well, actually taking pictures? Photo FOMO is all the news you might have</i> …

Fujifilm FinePix

Foxconn’s promised $5 bn investment in Maharashtra may not happen

Foxconn not setting up a plant near Talegaon won’t make any difference to Maharashtra, says state industry minister Subhash Desai. Photo: HT<p><b>Mumbai:</b> …

India

RED is Talking With Foxconn – Are we Ready For Affordable 8K Cinema Cameras?

<b>“We will make cameras that will shoot professional-quality films in 8K resolution but at only a third of current prices and a third of current camera</b> …

Cinematography

Foxconn wants to make RED cameras $20,000 cheaper

RED, one of the biggest names in digital cinema cameras, may end up working with a huge and high-volume manufacturer to bring the cost of its usually very pricey cameras way down. According to <i>Nikkei</i>, manufacturer Foxconn is trying to partner with RED to produce high-quality 8K cameras that are much …

Cameras

Foxconn seeking partnership with RED for manufacturing of cheaper 8K cameras

Foxconn is best known as a contract manufacturer for iPhones, and rightly so. Producing Apple devices accounts for over half of its sales for the …

Foxconn

RED teaming with Foxconn on smaller, cheaper 8K cameras

Foxconn plans to build smaller, cheaper 8K cameras in collaboration with cinema company RED, <i>Nikkei</i> reports. "We will make cameras that will shoot professional-quality films in 8K resolution but at only a third of current prices and a third of current camera sizes," CEO Terry Gou told reporters. RED …

Technology (UK)

Foxconn earmarks $4B for 5G, AI, IoT projects - Mobile World Live

Hon Hai Precision, the world’s largest contract electronics manufacturer and a major Apple supplier, plans to invest CNY27.3 billion ($4.3 billion) …

Stock Markets

Data Sheet—The Most Stunning Thing About the Uber-Waymo Settlement

NEWSWORTHY<p><b>Aiming high</b>. After pushing out studio head Price amid sexual harassment allegations last fall, <b>Amazon</b> hired NBC Entertainment president …

MIT Media Lab

Even underpaid Foxconn workers are losing their jobs to robots

Chinese iPhone manufacturer Foxconn plans to slash more than 10,000 jobs this year as part of an aggressive robot takeover. Innolux, Foxconn’s LCD-display arm is said to bear the brunt of the lost jobs. According to Honorary Chairman Tuan Hsing-Chien:<p>We will reduce our total workforce to less than …

Technology (UK)

RED and Foxconn Rumored to Partner on Affordable 8K Cameras

RED Digital Cinema and chip-maker Foxconn (a famous maker of iPhones) are rumored to be teaming up to launch an 8K prosumer camera.Read More

Cinematography

Foxconn Parent Applies for Shanghai Listing of Internet Unit

<b>Hon Hai Precision Industry Co. Ltd.</b>, which trades as Foxconn, has applied to list one of its major units in Shanghai, tapping into the mainland’s …

News (China)

Foxconn is working with RED to make cheaper and smaller 8K cameras

Foxconn, AKA Hon Hai Precision Industry, AKA the company that made your iPhone, is working with digital cinema pioneer RED to create affordable 8K cameras, the company announced. Chairman Terry Gou told reporters in Taipei, the Nikkei’s among them, that the goal is to reduce both the price and the …

Technology (UK)

Foxconn eyes digital film sector as smartphone demand weakens

TAIPEI -- Major iPhone assembler Hon Hai Precision Industry, better known as Foxconn Technology Group, said on Sunday that it plans to team up with …

Filmmaking

It's Foxconn's Gou That Must Change

Terry Gou wants to transform his empire. First, he'll need to reform his approach.<p>As chairman of Foxconn Technology Group, Gou gets half his revenue …

Business

Tom Still: Foxconn showing all signs they’re in Wisconsin to stay

There are still plenty of people in Wisconsin who think the Taiwan-based Foxconn Technology Group is giving the state a giant head fake.

Madison

Hon Hai Plots Move Beyond iPhone Assembly to AI, Big Data

Hon Hai Precision Industry Co. Chairman Terry Gou, best known for assembling Apple Inc.’s iPhones, plans to increase its focus on artificial …

China

Foxconn Unit Planning $4 Billion Investment After IPO

Foxconn Industrial Internet Co., is seeking to use proceeds from an initial public offering in China to bankroll 27.3 billion yuan ($4.3 billion) …

Business

$4 Billion Foxconn Chairman Invests in Cryptocurrency Merchant Bank

<b>Mike Novogratz is extremely bullish on Bitcoin and other cryptocurrencies. He is convinced this new form of money has a bright future ahead in the</b> …

Bitcoin

Foxconn, Facebook Lead Offers of Support After Taiwan Quake

Foxconn’s Terry Gou has led a procession of corporate support as Taiwan sizes up the scale of damage following the deadly earthquake that struck its …

Business

Novogratz Nets $250 Million For New Crypto Investment Venture

Billionaire and former Wall Street fund trader Mike Novogratz has reportedly raised $250 million for his come-back – a cryptocurrency investment …

Venture Capital

Novogratz Raises $250 Million for Crypto Merchant Bank

Mike Novogratz, the former Wall Street macro trader, raised about $250 million for his cryptocurrency merchant bank during one of the biggest routs …

Cryptocurrency

Farmers, happy or not, reap millions from Foxconn purchases

Buy Photo<p>MOUNT PLEASANT – A few months back, Thomas Fliess Jr. was harvesting field corn and soybeans. Now, in the dead of winter, his land has …

Foxconn's downtown Milwaukee office building will help draw and keep younger workers

Foxconn Technology Group's decision to buy a Milwaukee office building marks yet another business coming to the downtown area, where it can better …

Foxconn package cost Wisconsin eight times as much per job as similar 2017 jobs deals

MADISON - To land the massive Foxconn factory, Gov. Scott Walker has committed the state to paying more than eight times as much per job as Wisconsin will provide under similar job creation deals struck last year, a Milwaukee Journal Sentinel analysis has found.<p>At more than $200,000 in state …

Business

Foxconn to plug at least $340M into AI R&D over five years

Manufacturing giant Foxconn has said it will make a major investment in artificial intelligence-based R&D as it looks for new business growth opportunities in a cooling global smartphone market, Nikkei reports.<p>“We will at least invest some 10 billion New Taiwan dollars ($342M) over five years to …

Technology (UK)

Gov. Scott Walker: Give Kimberly-Clark Foxconn-style deal to keep paper plants open

MADISON - Wisconsin Gov. Scott Walker called Monday for giving paper maker Kimberly-Clark some Foxconn-sized job incentives to avoid the closure of plants in Neenah and Fox Crossing.<p>As Democratic lawmakers were announcing their own Kimberly-Clarke plan, the GOP governor called for passing …

Money

iPhone assembler Foxconn aims to invest US$342m in AI, industrial Internet

HONG KONG: Foxconn, one of Apple's main suppliers, formally known as Hon Hai Precision Industry, said on Friday it aims to invest TUS$10 billion …

Hong Kong

Foxconn provides details on first environmental permit request submitted to Wisconsin officials

Buy Photo<p>Foxconn Technology Group’s request for an air emissions permit from the Department of Natural Resources details plans for three …

Katerra, a Construction Start-Up, Raises $865 Million

LONDON — Over just three years, Katerra has grown from a start-up with an unusual approach to the construction industry into a company with $1.3 billion in bookings.<p>Now it has drawn support from one of the biggest and most disruptive backers of start-ups around.<p>Katerra plans to announce on …

Business