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Foxconn reportedly to launch startup fund for wearable tech

Foxconn, best known for assembling Apple’s iPhones and iPads, is launching an investment fund to support startups focused on developing new kinds of wearable computers, Bloomberg reports. Foxconn unit Syntrend Creative Park will administer the $6.8 million fund and select candidates for trial in the first quarter of the new year, Bloomberg reported, citing unidentified sources. However, an associated incubator …

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Samsung sells 10m Galaxy Note 3 ‘phablets’

Since its late September launch, the Galaxy Note 3 has sold over 10 million units, making it a member of a surprisingly non-exclusive Samsung club. (Credit: Sarah Tew/CNET) Both the original Note and the Note II both sold over 10 million, but the Note 3 has done so in a shorter time period than its predecessors. It’s not too surprising, …

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