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home / news releases / HNHAF - Hon Hai Precision: Market's Focus On Component Shortage And New Partnerships

HNHAF - Hon Hai Precision: Market's Focus On Component Shortage And New Partnerships

Foxconn Technology Group
  • Hon Hai Precision's 1Q 2021 earnings beat market expectations, which is largely attributed to stronger-than-expected iPhone sales.
  • The company's 2Q 2021 outlook is dimmer, considering that the component shortage situation has further deteriorated in 2Q 2021 as compared to 1Q 2021.
  • Hon Hai Precision continues to plan for the future by establishing new partnerships for both the semiconductor and automobile businesses.

For further details see:

Hon Hai Precision: Market's Focus On Component Shortage And New Partnerships
Stock Information
Company Name: Foxconn Technology Group
Stock Symbol: HNHAF
Market: OTC
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