Bas Van Abel
Fairphone is a Dutch electronics manufacturer that designs and produces smartphones with the goal of having a lower environmental footprint and better social impact than is common in the industry. In particular, the company aims to minimize the use of conflict minerals in its devices, maintain fair labor conditions for its workforce and suppliers, and allow users to maintain their own devices. The company was founded in 2013 as a social enterprise with the support of the Waag Society, and is based in Amsterdam, the Netherlands. , the company's most recent model is the Fairphone 4, a modular smartphone which supports 5G connectivity, has dual 48MP cameras with optical image stabilization, an IP54 rating and MIL810G drop test certification. It's only being sold in Europe. The purpose of modularity is to make the phone easily repairable and customisable by the user, and therefore longer-lasting. According to the company, increasing the lifespan of a phone by two years reduces C ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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