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Hon Hai Looks Toward Indonesia's Promising Economy As Apple's Growth Slows

Hon Hai is planning to diversify its business away from producing Apple devices by signing an agreement with Indonesia to make and sell handsets in that country, reports Reuters. A Hon Hai spokesman said that the company, which derives about 60 to 70 percent of its revenue from manufacturing work for Apple, hopes to sign the agreement next month. Hon Hai, the parent company of Foxconn, is one of Apple’s largest suppliers. The Taiwanese company joins other manufacturers looking to make their business less dependent on Apple contracts as the Cupertino company’s growth slows. Earlier this month, Hon Hai reported a 19 percent in 1Q sales, due in large part to falling demand for iPhones. Another heavily Apple-dependent manufacturer, Cirrus Logic, has said that it is trying to diversify its customer base and is now shipping to several mobile phone manufacturers. Fellow Apple chip maker SK Hynix may start selling to Samsung, a deal that could help the Korean tech giant avoid supply disruptions ...

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Found 4 weeks ago on channel TechCrunch

Samsung Puts NFC Stickers In Coffee Bean In Singapore

Samsung and The Coffee Bean & Tea Leaf have placed Samsung-branded NFC stickers in all 51 outlets in Singapore. Their marketing campaign runs from 8 February to 7 March, and will reward Samsung NFC-device users with an upsized drink for tapping the poster and Liking Coffee Bean’s Facebook page after it pops up. Right now, that means the Galaxy S3 or Note 2 devices, and you still have to Like the page to complete the deal. I don’t see this one going too far in terms of helping the adoption of NFC stickers or even raising the number of Likes for Coffee Bean here, especially since the promotion only runs for a month. It’s interesting, though, to see NFC continue to be used in different ways by large vendors, although each brand not working with each other to move NFC forward is a huge bump in the road for the technology. Samsung claims that other NFC-enabled, Mifare-compliant Android phones should be able to work with its TecTile NFC stickers. The NFC ecosystem in Singapore is one which ...

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Found more than 1 month ago on channel TechCrunch