Foxconn expands its footprint into the mobile accessories and smart home markets by acquiring Belkin International, including the Linksys, Wemo, and Phyn brands, for nearly $866 million in cash.
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Reports suggest that Mozilla will jointly announce the first Firefox OS tablet on June 3 with Hon Hai, the parent company of Foxconn, which builds devices for Apple and numerous other tech brands.
Microsoft has announced it has entered a patent licensing deal with Foxconn's parent company. The company will now receive royalty payments for every Android and Chrome OS device manufactured there.
Foxconn has now issued an official statement that reponds to news reports that the CEO of Foxconn's parent company Hon Hai compared its workers to animals at a recent meeting
Terry Gou, the chairman of Foxconn's parent company Hon Hai, reportedly compared the large number of human workers at the company to animals at a recent year end meeting.
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