Foxconn ties-up with China-based games developer to develop tablets in education sector

11th November 2013 | By Mouseworld Now Correspondent |

Bangalore, India, November 11, 2013: Foxconn, world’s leading manufacturer of computer components and systems, has announced their joint venture with China-based games developer Netdragon Websoft and investment firm Vision Knight Capital (China) Fund through its subsidiary Foxteq Holding. Foxconn will invest a total of US$33 million.

The new joint venture will focus on developing education tablets. The products will initially target China and gradually expand to other countries in Asia.

Foxteq will have a 45% stake in the joint venture, Netdragon 49% and Vision Knight 6%.

 

© Mouseworld Now News Service

Tags: , , , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 2 + 14 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • Rashi Peripherals Kick-Starts SI Training Program For Partners more...
  • Toshiba Sends its Storage Partners to Bali Under its Foreign Trip Scheme more...
  • Cloudera Awards Top APAC Partners at annual Partner Summit more...
  • Rashi Peripherals Bags Indywood IT Excellence Award more...
  • Rashi Peripherals Conducts Multi-City Enterprise Partner Meet more...
Subscribe via email

Enter your email address:

Follow us on Facebook
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration