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Manufacturing behemoth Foxconn (Hon Hai) has announced a record net loss of $226 million on turnover of $2 billion for the first half of the year. Unsurprisingly, it attributed the loss to the European debt crisis, global economic slowdown and its customers \"continuous struggle\" for market share. W

2 years ago 0 Comments
August 28, 2012 at 6:05AM
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Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just i-mate folding this time? So, the company that already laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yeste

5 years ago 0 Comments
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Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just i-mate folding this time? So, the company that already laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yeste

5 years ago 0 Comments
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We always knew that any company courageous enough to take a technology designed to help mega-corps monitor their inventory levels and make it mainstream would face an uphill battle, but we never envisioned Nabaztag caving entirely to the pressure. If a snippet in a recent issue of Les Echos (a Fren

5 years ago 0 Comments
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This whole global economic crisis, and its resulting massive loss of jobs got us thinking. We here at Engadget didn't want to stand helplessly by, announcing every new round of misery without giving anything back -- so we decided to take the opportunity to spread a little positivity. We'll be handi

5 years ago 0 Comments
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This whole global economic crisis, and its resulting massive loss of jobs got us thinking. We here at Engadget HD didn't want to stand helplessly by, announcing every new round of misery without giving anything back -- so we decided to take the opportunity to spread a little positivity. Today we've

5 years ago 0 Comments
Post Thumbnail

This whole global economic crisis, and its resulting massive loss of jobs got us thinking. We here at Engadget didn't want to stand helplessly by, announcing every new round of misery without giving anything back -- so we decided to take the opportunity to spread a little positivity. We'll be handi

5 years ago 0 Comments