LOS ANGELES – TBC – Phyn, the industry leader in intelligent water solutions, has been acquired by a powerhouse group of investors led by entrepreneur and television personality Jonathan Scott. This strategic acquisition transitions Phyn from Belkin’s ownership to a newly independent company backed by a high-profile group of investors with deep experience in technology, real estate and entertainment – united in their vision to make Phyn’s category-defining solutions a standard in every home and building.
San Jose, California – May 13, 2025 – Foxconn Interconnect Technology (FIT), a global leader in precision interconnect solutions, is proud to announce its continued support for Broadcom’s co-packaged optics (CPO) initiative. FIT is now delivering key hardware components that are integral to the success of Broadcom’s Tomahawk 5 (TH5) Bailly platform, including advanced solderless LGA-to-LGA sockets and Remote Pluggable Laser Source (PLS) I/O cages, alongside specialized connector assemblies.
Following the joint venture announcement in October 2024 witnessed by the Saudi Minister of Energy, Hon Hai Precision Industry Co., Ltd. (2317-TW) and its subsidiary Foxconn Interconnect Technology (FIT, 6088-HK), together with Saleh Suleiman Alrajhi & Sons (Alrajhi), today officially launched the joint venture company **Smart Mobility** at the “EV in Saudi” exhibition in Riyadh.