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Brands & Merch Business News Legal
Will.i.am’s company sued over headphones deal
By Andy Malt | Published on Tuesday 28 November 2017
Will.i.am’s i.am+ company is reportedly being sued over allegations it failed to pay for millions of dollars of wireless headphones it ordered.
According to The Blast, FIH Mobile, a subsidiary of Chinese manufacturing firm Foxconn, has filed a lawsuit against i.am+. It claims that Will.i.am’s company hired FIH to manufacture a new line of headphones it had devised, putting in an order for $3.4 million worth of them.
However, says the lawsuit, i.am+ has failed to come forward with any of this money. FIH says it decided to go legal when it “became clear [that i.am+] did not have sufficient funding”.
FIH is seeking the full $3.4 million payment, pushing for the courts to sanction a payment plan in order to ensure that the money comes through.
It was announced earlier this year that FIH Mobile had made losses of $196.5 million in the first half of 2017. However, the company has said that it expects to return to growth when results for the latter half of the year are announced early next year.