Foxconn International Holdings, which is part of the Hon Hai Precision Industry Company and best known for its work producing the Apple iPhone and iPad, has confirmed that CEO Cheng Tien Chong has tendered his resignation.
Mr Cheng wishes to retire to spend more time with his family and to improve his health. No date for his retirement has been confirmed.
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Syniverse, which provides roaming, messaging and networking services to more than 900 mobile operators worldwide, has agreed to acquire MACH in a deal worth around €550 million (£440 million).
Luxembourg-based MACH offers similar services to a customer base of around 650 operators.
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Podcast - 4th July 2012
This week's edition of The Fonecast takes a look at the new Google Nexus 7 tablet, wonders what's next for RIM and awaits the arrival of the forthcoming Firefox mobile platform.
There's also talk about HTC's partnership with Pioneer, Vodafone's European reorganisation, the new BT WiFi brand, Ofcom complaints, tariff problems and international roaming.
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Google has introduced indoor maps for a number of UK venues on its Android map application.
More than 40 venues in the UK are already available, including museums, shops, railway stations and airports. Building owners can upload their own floor plans for inclusion in future updates.
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Juniper Research says in-app advertising spend across all mobile devices will reach $7.1 billion (£4.5 billion) by 2015.
That’s almost three times this year’s anticipated figure of $2.4 billion.
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