Posts Tagged ‘foxconn’

Coming Soon: 52-Megapixel Cameras in Smartphones

lightprototype

There’s a stealthy startup in Silicon Valley that’s working to revolutionize photography. It’s called Light, and one of its goals is putting 52-megapixel cameras in smartphones by next year.
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GoPro Sells 9% of Company to Foxconn for $200M, Now Valued at $2B+

goprohawaii

‘Tis the season of mergers, acquisitions, and investments. At around the same time Adobe announced its acquisition of Behance yesterday, Taiwanese gadget manufacturer Foxconn (officially known as Hon Hai Precision) announced that it has snatched up 8.88% of GoPro for $200 million. The deal values the California-based action-camera maker at a whopping $2.25 billion.
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