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Corporation
fih-foxconn.com

Investments

8

Portfolio Exits

2

Partners & Customers

1

About FIH Mobile

FIH (2038.hk) is a leading green manufacturing services provider offering a comprehensive array of services for leaders in the handset and wireless communications industries. From product development and design, to manufacturing and assembly, to after-sales services and repairs, FIH uses a customer-focused, highly integrated approach to ensure top-quality execution and rapid delivery of everything needed for partners to compete in a rapidly evolving marketplace. FIH employs over 75,000 people throughout operations spanning Europe, Asia, and the Americas.

Headquarters Location

Taiwan

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CB Insights Intelligence Analysts have mentioned FIH Mobile in 1 CB Insights research brief, most recently on Oct 17, 2022.

Latest FIH Mobile News

Azumo Partners with FIH Mobile to Create Efficient, Reflective LCD 2.0™ Devices

Sep 27, 2022

Chicago, Illinois, UNITED STATES CHICAGO, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Azumo , a display technology company that’s 10 times more energy efficient than traditional backlit LCDs and produces brighter, sharper screen resolution in sunlight, today announced a partnership with FIH Mobile (Ticker:2038.HK) , the leading electronic manufacturer in the worldwide mobile device industry, to design and manufacture the next generation of frontlit LCD 2.0™ reflective displays. As a subsidiary of Hon Hai Technology Group (Foxconn) (TWSE:2317), the world’s largest electronics manufacturer, FIH Mobile has accumulated extensive knowledge and decades of experience in delivering high-complexity and customized manufacturing solutions, which enable Azumo to scale existing manufacturing capabilities for its reflective frontlit technology at multiple facilities in Mexico and China. To extend the collaboration, the two firms have decided to co-develop the next generation of adaptable LCD 2.0™ products by leveraging their core strengths. “The future of display technology will be lightweight, battery-efficient, and visible in any light,” said Paul Hsiung, Vice President of FIH Mobile. “Through our partnership with Azumo, we provide access to a responsive supply chain that delivers the future at scale to new customers, new markets, and new battery-powered displays across the increasingly digital world, from smart wearables to automotives, electronic billboards, medical, military devices and beyond.” By using ambient light to conserve battery life and brighten displays in all lighting conditions, Azumo’s LCD 2.0™ technology helps device makers: Progress on environmental, social, and governance (ESG) initiatives: Azumo’s front lighting technology is 10 times more energy efficient than traditional LCD backlit systems. Easily incorporated into existing manufacturing processes, Azumo’s technology helps create more energy-efficient devices, including tablets, handheld electronics, industrial meters, smartwatches, and more. Make manufacturing supply chains more resilient: By supplementing Asia-based manufacturing centers with facilities in North America, American firms can diversify their supply chains and make the product development process more accessible to U.S.-based device makers. Create products suited for the future of work: Reflective LCD 2.0™ displays extend battery life, are lighter than traditional LCD modules and provide clear images day and night, across all lighting conditions. As people spend more time in front of screens than ever before, LCD 2.0™ light emissions are easier and healthier for their eyes. “Traditional LCD technology is battery-hungry, harsh on the eyes, hard to see outside, and not suited for how we use our devices in 2022,” said Mike Casper, CEO of Azumo. “Together with FIH Mobile, we’re creating displays for devices to go anywhere, last longer, and work better for people and businesses.” After securing $30 million in funding earlier this year, Azumo continues to grow its international sales and engineering teams, increase global manufacturing capabilities, and develop new LCD 2.0™ products. For more information about Azumo’s LCD 2.0™ display technology, visit www.azumotech.com . About FIH Mobile Limited FIH Mobile Limited was established in April 2002 and listed on Hong Kong Stock Exchange in February 2005 (Ticker: 2038.HK). As a subsidiary of Hon Hai Technology Group and a leader in the worldwide mobile device industry, FIH Mobile offers vertically integrated, end-to-end design, development, and manufacturing services spanning handsets, mobile and wireless communication devices and consumer electronics products. In recent years, FIH Mobile has leveraged its core strengths in hardware and software to enter the 5G, AI, IoT and IoV (Internet of Vehicle) fields, ultimately building a full internet and mobile ecosystem. To learn more, visit www.fihmobile.com . About Azumo Azumo is a breakthrough display technology company revolutionizing a $130 billion industry. Its LCD 2.0™ reflective technology is the first in a generation of high-performance displays that improve user experience and battery life for end-users in consumer, medical, industrial, educational, and automotive markets. Azumo’s ultra-thin light transmission technology has 47 patents and enables 10 times the battery savings compared to traditional LCDs. It combines high video rate capability with superior readability in bright sunlight conditions to eliminate glare. With a range of 1″-17″ in size, Azumo displays can easily integrate into any device. For more information on Azumo, visit www.azumotech.com. Media Contact:

FIH Mobile Investments

8 Investments

FIH Mobile has made 8 investments. Their latest investment was in Journey Technology as part of their Series B on March 3, 2022.

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FIH Mobile Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/9/2022

Series B

Journey Technology

Yes

3

9/28/2016

Series A

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$99M

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10

4/20/2016

Series D

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$99M

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10

11/30/2015

Corporate Minority

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10

11/24/2015

Corporate Minority

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10

Date

3/9/2022

9/28/2016

4/20/2016

11/30/2015

11/24/2015

Round

Series B

Series A

Series D

Corporate Minority

Corporate Minority

Company

Journey Technology

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

3

10

10

10

10

FIH Mobile Portfolio Exits

2 Portfolio Exits

FIH Mobile has 2 portfolio exits. Their latest portfolio exit was Light on May 17, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/17/2022

Acquired

$99M

3

12/9/2016

IPO

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$99M

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10

Date

5/17/2022

12/9/2016

Exit

Acquired

IPO

Companies

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Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

3

10

FIH Mobile Acquisitions

1 Acquisition

FIH Mobile acquired 1 company. Their latest acquisition was MobileDrive on October 26, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/26/2021

$99M

Acquired

1

Date

10/26/2021

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

FIH Mobile Partners & Customers

1 Partners and customers

FIH Mobile has 1 strategic partners and customers. FIH Mobile recently partnered with BlackBerry on December 12, 2013.

Date

Type

Business Partner

Country

News Snippet

Sources

12/24/2013

Partner

Canada

BlackBerry deal bolsters Foxconn's makeover gambit

`` A strategic partnership with BlackBerry Ltd is a recognition of Foxconn ` s capability and new business model as an IIDM as our chairman Terry Gou calls it , '' said Foxconn ` s Hsing .

1

Date

12/24/2013

Type

Partner

Business Partner

Country

Canada

News Snippet

BlackBerry deal bolsters Foxconn's makeover gambit

`` A strategic partnership with BlackBerry Ltd is a recognition of Foxconn ` s capability and new business model as an IIDM as our chairman Terry Gou calls it , '' said Foxconn ` s Hsing .

Sources

1

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