Foxconn buys minority stake in U.S. camera maker GoPro December 21, 2012 - 13:03 AMT PanARMENIAN.Net - Taiwanese manufacturer Foxconn has bought a minority stake in U.S. camera maker GoPro for $200 million, according to BBC News. The deal values the whole of Woodman Labs, the maker of GoPro, at about $2.25 billion. GoPro manufactures a point-of-view camera used mainly for action filming by extreme sports enthusiasts. Foxconn, which trades as Hon Hai Precision Industry, manufactures products like Apple’s iPhone and iPad as well as Sony's PlayStation. Foxconn founder and chief executive Terry Gou will be joining the board of GoPro.A Foxconn spokesperson told Bloomberg that the image-capture technology complemented the existing display technology owned by the company.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
