Streetbeat News

HNHPF

Hon Hai Precision Industry

https://www.foxconn.com.tw/

Industry

Electronic Computer Manufacturing

Open

11.18

Mkt cap

77B

Volume

690

High

11.18

P/E Ratio

15.97

52-wk high

14.16

Low

11.18

Div yield

0.03

52-wk low

6.04

Foxconn, a major electronics manufacturer and Apple's largest iPhone assembler, reported a 3.47% year-on-year increase in November revenue, reaching T$672.6 billion ($20.75 billion). The company also expressed a strong outlook for Q4.

Portfolio Pulse from

December 05, 2024 | 8:00 am

Foxconn, a major electronics manufacturer, announced that its global manufacturing footprint will help mitigate the impact of potential tariffs imposed by U.S. President-elect Donald Trump. The company expects to be less affected by these tariffs compared to its competitors.

Portfolio Pulse from

November 27, 2024 | 3:30 am

Foxconn, an Apple supplier, has instructed its recruitment agents in India to remove age, gender, marital status, and the manufacturer's name from job advertisements for iPhone assembly workers.

Portfolio Pulse from

November 18, 2024 | 4:15 am

Foxconn, a Taiwanese contract manufacturer, has reiterated its forecasts with improved visibility following record earnings and profits.

Portfolio Pulse from

November 14, 2024 | 10:45 am

Foxconn, a major electronics manufacturer and Apple's largest iPhone assembler, reported an 8.59% year-on-year increase in October revenue, reaching a record T$804.8 billion ($25.20 billion). The company also has a positive outlook for Q4.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

The article highlights key developments in the AI sector, including OpenAI's efforts to combat election interference, Foxconn's plan to build a superchip factory for Nvidia, AMD's upcoming MI350 chip, Cathie Wood's prediction of a trillion-dollar opportunity for Tesla, and Palantir's AI deployment strategies.

Portfolio Pulse from Benzinga Neuro

October 13, 2024 | 1:00 pm

US stock futures indicate a marginally lower opening, with Nvidia gaining in premarket trading. Traders are focused on the Federal Reserve's meeting minutes and upcoming economic data. Nvidia's rise is attributed to positive demand commentary for its chips. The bull market is nearing its second anniversary, with expectations of continued gains.

Portfolio Pulse from Shanthi Rexaline

October 09, 2024 | 11:29 am

Foxconn is set to build the world's largest Nvidia superchip factory to meet the growing demand for AI technology. This move aligns with Nvidia's strategic goals amid U.S. sanctions against China and positions both companies for growth in the AI market.

Portfolio Pulse from Benzinga Neuro

October 08, 2024 | 6:19 am

Apple shares rose by 1.80% following the Federal Reserve's unexpected 50 basis points rate cut, which signals a shift in economic policy. Meanwhile, Foxconn, a key Apple supplier, is advancing in the EV market with new investments and prototypes.

Portfolio Pulse from Vaishali Prayag

September 18, 2024 | 9:20 pm

Sharp and Foxconn have unveiled an innovative electric vehicle prototype, the LDK+, at Sharp Tech-Day in Tokyo. This collaboration marks Foxconn's strategic entry into the EV market, diversifying from its role as a key Apple supplier. The LDK+ features a room-like interior and advanced AI technology, highlighting the growing importance of personal space in vehicles. Foxconn's investment in Vietnam for EV parts production further underscores its commitment to becoming a major player in the EV industry.

Portfolio Pulse from Benzinga Neuro

September 18, 2024 | 12:22 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.