Foxconn is a huge company, but given their affiliation with Apple, many have associated them to be mainly the manufacturers of Apple’s iOS products. Perhaps hoping to break away from that image and reducing their reliance on Apple for business, Foxconn has entered into other ventures, and according to a report by Bloomberg, the Chinese company is looking to start up an investment fund in which it will focus on developing new kinds of wearable technology. Foxconn’s foray into wearable technology is not new as the company has demonstrated their own brand of smartwatch earlier this year.
Foxconn unit, Syntrend Creative Park, will be administering a $6.8 million fund and will be selecting candidates for trial come Q1 2014. It is unclear what sort of products or innovations that would be a result of this investment, so we guess we’ll just have to keep our eyes peeled for more info. This is not the first time Foxconn has reportedly ventured into other areas of business. We had also heard that the company was looking to bid for 4G spectrum in Taiwan, and will also be working with the folks at Mozilla at creating Firefox OS devices.
We have heard not only does the iPhone account for 76% of all smartphones in Japan, but they are leading the US in terms of app revenue as well. Now it turns out that not only are Apple’s iPhones popular in Japan, but it turns out that Apple’s tablets are just as popular too. According to Japan’s BCN, they have revealed that out of the top 10 tablets in Japan, Apple’s iPads are taking six of those slots, with the iPad Air taking four slots, and the iPad mini taking the remaining two. Interestingly enough the streak was broken at third place by none other than the Nexus 7 tablet, making it Japan’s most popular non-iOS tablet.
While one could argue that the Nexus 7’s price could have played a part, it should be noted that Apple’s iPad lineup is more expensive compared to the Nexus 7. Of course this does not paint a complete picture as the numbers originate from BCN alone, and BCN only counts sales from about 2,400 stores in Japan, which reportedly only accounts for 16% of the sales channel. This also does not take into account sales from the Apple Store. Will Apple be able to maintain their dominance? We guess only time will tell, but so far so good.