Tag Archives: huawei

Foxconn to Invest $5 Billion in India, to Match China Factories in Production

Riding on high turnout in China, thanks to iPhone boom for over a decade, Foxconn is now eyeing Indian manufacturing base to be set up at about $5 billion (Rs.6,300 crore), including a research and development facility in Maharashtra. Subash Desai, Maharashtra’s industries minister, said the largest electronics centre in India would provide jobs to about 50,000 employees and an ...

Read More »

Blackberry Buyout: Microsoft, Xiaomi and Others Consider Possible Acquisition

  Blackberry is once again in the news for possible acquisition. The Canada-based telecommunication had showed profitability from December 2014 to February 2015 following its recent corporate restructuring. The DigiTimes reported that Microsoft, Xiaomi, Lenovo, Huawei and other Chinese handset vendors are being named as possible investors. The Chinese companies are planning to expand their business in the US and ...

Read More »

Lenovo Laptops’ Adware Superfish Opens up to Cyber Hackers: Errata Cyber Security Firm

China’s Lenovo has some pre-installed adware that was found to be vulnerable to hackers and users complained about it in June 2014 with no response still, alleged security group Errata Security. The software called superfish automatically displays advertisements but was malicious enough to be hijacked with encrypted versions opened up to eavesdropping malware known as man-in-the-middle attack, said Robert Graham, ...

Read More »

Xiaomi Registers 135 % More Revenue in 2014, Reveals CEO Lei Jun

Now that the figures are out, Chinese mobile maker Xiaomi Technology Ltd Co. said its pre-sales revenue stands $11.97 billion, an increase of 135% compared to its revenues in 2013, confirmed its CEO Lei Jun. Just three months ago Xiaomi was declared the third largest mobile maker in the world after Apple and Samsung, surpassing the Huawei, another Chinese firm ...

Read More »