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home / news releases / HNHAF - Hon Hai Precision: iPhone Contract Manufacturer To Face New Competition

HNHAF - Hon Hai Precision: iPhone Contract Manufacturer To Face New Competition

Foxconn Technology Group
  • Hon Hai Precision is Apple's iPhone contract manufacturer, and Apple accounts for 50% of its revenue; a new entrant in the iPhone supply chain could lead to market share loss.
  • Hon Hai Precision's future growth prospects will be dependent on the company's diversification into new growth areas such as electric vehicles, digital health and robotics.
  • Hon Hai Precision trades at 9.0 times consensus forward FY 2021 P/E and 0.94 times P/B, and it offers a consensus forward FY 2021 dividend yield of 5.4%.

For further details see:

Hon Hai Precision: iPhone Contract Manufacturer To Face New Competition
Stock Information
Company Name: Foxconn Technology Group
Stock Symbol: HNHAF
Market: OTC
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