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Foxconn buys Belkin for $866M

411 pointsby Rifuabout 7 years ago

16 comments

luhnabout 7 years ago
&gt; You probably know Belkin for its various lines of accessories, peripherals, and assorted consumer electronics; Linksys, surely the most recognizable router brand, is a subsidiary.<p>Apparently Cisco sold Linksys to Belkin in 2013. That&#x27;s news to me.
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walrus01about 7 years ago
The only good Belkin product I have ever seen is their 12 outlet power strip. As a network engineer everything they make with an Ethernet&#x2F;wifi interface is complete shit. But this is not really news, D-Link, Netgear, many of their competitors are also junk.
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siruncledrewabout 7 years ago
Damn, I didn&#x27;t know Foxconn was the 4th larges IT company with 726k employees: <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;List_of_the_largest_information_technology_companies" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;List_of_the_largest_informatio...</a>
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spiderPigabout 7 years ago
It is a little disconcerting that Foxconn (subject to deep Chinese government overreach) will now own Linksys
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kbutlerabout 7 years ago
Just today I contacted Belkin live support for a usb-c gigabit Ethernet adapter that stopped working 1 month in. They are shipping me a replacement.<p>My previous experience was with a router that would occasionally fail under load (e.g., torrents), requiring a restart. They sent a replacement for that, too, but I never found a use for an unreliable router.
bhoustonabout 7 years ago
Neat. Belkin was pretty crap about 7 years or so ago but they raised their game I find in the last couple years. They are pretty solid with decent prices now.<p>I think there is a pretty good market for smart home accessories, various wifi enabled devices like powerstrips, lights, cameras, locks, alarm systems, etc. With Belkin&#x27;s Walmart distribution network and their low costs, I think it may be something they could target well.
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peebtkxsabout 7 years ago
Was it Foxconn that was blocked from acquiring an American company earlier this month? Is this acquisition a order of magnitude smaller?<p>Is it strange that this wasn’t blocked as well?
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bsimpsonabout 7 years ago
Duplicate of <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=16684316" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=16684316</a>
JohnnyConatusabout 7 years ago
According to sources, Foxconn really didn&#x27;t want to buy Belkin but that&#x27;s all they had at the store.
ausjkeabout 7 years ago
foxconn makes routers for all the vendors I think, e.g. dlink.netgear,belkin...now Belkin might push its competitors away from Foxconn&#x27;s assembly lines
ajinkyaxabout 7 years ago
Just confirmed with my relative who works ta Belkin, Dubai. They just finished call with them.. and news is already leaked.
thrownaway954about 7 years ago
i honestly would think that Belkin would be worth something in the billions. they are the qtip of computer cables.
shmerlabout 7 years ago
Hm. I wonder what will happen to Linksys supporting open source WiFi drivers now for their WRT&#x2F;ACS routers.
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reiichirohabout 7 years ago
Does Belkin own Kensington and former joystick brand Gravis too?
a-fried-eggabout 7 years ago
Good thing for Netgear
erikbabout 7 years ago
&gt; best known for manufacturing practically everything in the world<p>Huh? I thought they manufacture iPhone chips and that&#x27;s it. Now they buy peripherals because iphone itself won&#x27;t make enough profit growth anymore to give top management the multi-million-dollar bonuses they are used to.