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Apple iPhone and iPad Manufacturer Foxconn Invests Big In Camera Maker GoPro

Foxconn buys $200 million worth GoPro

Dec 21 2012, 12:22pm CST | by

11 Updates
Apple iPhone and iPad Manufacturer Foxconn Invests Big In Camera Maker GoPro
 
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Apple iPhone and iPad Manufacturer Foxconn Invests Big In Camera Maker GoPro

Foxconn has announced that it has made a significant investment in the small digital camcorder maket GoPro. GoPro has been around for a long time and makes some of the most popular ruggedized digital cameras on the market. The scammers often used for action sports such as auto racing, mountain biking, and lots more.

Foxconn has invested $200 million in GoPro to purchase 8.88% of the company. The $200 million purchase will also get Foxconn founder and CEO Terry Gou a seat on the GoPro board. The investment made by Foxconn values GoPro at $2.25 billion.

It would be no surprise if Foxconn also gets to start building the GoPro cameras considering Foxconn's manufacturing prowess. However, that has not been confirmed. Terry Gou added, "I saw a great opportunity in investing in GoPro, not only the company's product lines but also the man who is running the company. The first time I saw Nick Woodman, I immediately knew he was an outstanding entrepreneur who has the caliber to be very successful in this business. And together with Foxconn, the outlook of this company is even brighter as we commit to helping it achieve its fullest potential."

 

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This Dad Captured His Baby's Curbside Birth on a GoPro Camera—Watch!

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Man uses GoPro to record wife in labor, rush to hospital

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Why GoPro Inc. Shares Could Pull Back 30%

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GoPro Camera Maker Goes Public On The NASDAQ Exchange
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Update: 6

Tech Five: Microsoft's wearable, GoPro rebounds

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GoPro Camera Maker Goes Public On The NASDAQ Exchange
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Update: 5

Stocks to Watch: GoPro, Best Buy, Cooper are stocks to watch

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Among the companies whose shares are expected to see active trade in Thursday’s session are GoPro, Best Buy, and Cooper. ...
Source: MarketWatch   Full article at: MarketWatch Jul 3 2014, 4:50am CDT
 

Update: 4

Third-person Oculus Rift hack delivers a true out-of-body experience

Source: Engadget

GoPro Camera Maker Goes Public On The NASDAQ Exchange
Who says VR needs to be experienced in the first-person? Using a stereo pair of GoPro cameras, mounted to a tall antenna carried in a backpack, some obscenely intelligent makers in Poland have discovered that it's possible ...
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Update: 3

Tech Five: GoPro win streak threatened

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GoPro Camera Maker Goes Public On The NASDAQ Exchange
Shares down early in pre-market trading following four-day win streak.      ...
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Update: 2

GoPro mania won't stick around: Analyst

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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