News

Foxconn buys a minor stake in U.S. based Camera maker GoPro

Taiwanese based manufacturer Foxconn, who manufactures iPhones, iPads and Sony’s Playstation, spent $200 Million to buy a minority stake of 9% in U.S. Camera maker GoPro and Woodman Labs.

To those who don’t know, GoPro manufactures point-of-view HD cameras that are mountable on bikes, helmets and also on surfboards, a choice that is preferred by many extreme sports enthusiasts for action filming. It was also used by Austrian skydiver Felix Baumgartner during his record breaking free-fall from 39 Kilometres in October. These cameras are priced between $200 and $400.


Since Foxconn has a minority share, Foxconn’s founder and Chief Executive Terry Gou will be on the board of GoPro.

Source: BBC

Roshan Ashraf Shaikh

Disqus Comments Loading...

Recent Posts

Electronic Arts Titles Played for Over 11 Billion Hours in 2024

Electronic Arts (EA) announced today that its games were played for over 11 billion hours…

3 days ago

Just 15% of Steam Gaming Time in 2024 Was Spent on New Releases

Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…

3 days ago

STALKER 2 Gets Massive 110GB Patch With 1800+ Fixes

GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…

3 days ago

Intel Unveils Core 200H Processors Based on the Previous Raptor Lake Refresh

Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…

4 days ago

Ubisoft Reportedly Developing a New Quadruple A Game

Ubisoft is not having the best of times, but despite recent flops, the company still…

4 days ago

STALKER 2: Heart of Chornobyl Update 1.1 Fixes 1,800 Issues and Revamps A-Life 2.0

If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…

4 days ago