Foxconn Articles

BlackBerry signs deal with Foxconn amidst reports of $4.4 billion loss

  • 20/12/2013 at 17:44 by It's a Gadget Staff
  • News

BlackBerry LogoBlackBerry has announced that it has signed a five year contract with Taiwan electronics manufacturer Foxconn, following a reported $4.4 billion dollar loss in its third quarter.

The plummeting sales is an astonishing increase in what was already a failing profit margin, making the dire circumstances for the brand positively catastrophic.

For the past several months, BlackBerry has been looking for buyers to take over the failing company. Among those who were believed as potential buyers was former Apple CEO John Sculley, though no official bid was ever made.

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Foxconn Robots will make iPhones in the Future

RobotsThe Chinese electronics manufacturing giant, Foxconn, generated revenue of almost $60 billion in 2010. Without a doubt, this is possible due to their wide portfolio of high-paying clients. Among their clients you will find Apple, Microsoft, Nintendo, Acer, Dell and Nokia, just to name a few.

Certainly, Foxconn has been making several devices for Apple in the last years. The company has been in the news several times due to their less-than decent working environment.  Their plants happen to be located in Shenzhen, and their employees are allegedly forced to work long hours.

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