HNHAF News and Press, Foxconn Technology Group From 02/16/21

Amazon (AMZN) is partnering with Foxconn (HNHAF) subsidiary Cloud Network Technology to produce Fire TV Sticks on its first device manufacturing line in India.The line will be housed in Cloud Network's Chennai plant with an annual capacity of "hundreds of thousands" of units. The facilit...

BlackBerry (BB) stopped selling its namesake phone in 2016, but U.S. startup Onward Mobility with Apple assembler Foxconn (HNHAF) are planning to bring out a BlackBery headset for the 5G era this year for the North American and European markets.The new BlackBerry-branded handset wil...

Comparing revenue numbers of these tech names during December, AU Optronics ([[AUOTY]] +16.2%) faired highest with revenue up 11.2% compared to November to NT$28.86B.ChipMOS Technologies ([[IMOS]] +1.4%) reported December revenue was $78.0M, +6.8% M/M, the company benefitted fr...

Hon Hai Precision (HNHAF) reports a December revenue of NT$713.78B, up by 4.76% M/M and 32.3% Y/Y.Q4 revenue totaled NT$2.0T vs. a consensus of NT$1.8T.Shares +13% premarket. For further details see: Hon Hai Precision December revenue rose 32% Y/Y

A Reuters source says Foxconn ([[HNHAF]],[[HNHPD]]) will move some of its Apple (AAPL) iPad and MacBook assembly from China to Vietnam to ease the impact of U.S.-China trade tensions.Foxconn, also known as hon Hai, is setting up assembly lines at its facility in Vietnam’s northeastern ...

In 2018, Foxconn ([[HNHAF]],[[HNHPD]]) and President Trump announced plans for a Wisconsin plant that would create 13,000 jobs and earn the Apple supplier $3B in incentives over 10 years.The focus of the plant has shifted over time from making advanced LCD panels to serving as an R&D...

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 growt...

Hon Hai Precision Industry (HNHAF): Q3 Net Profit of NT$30.85BRevenue of NT$1.29T (-6.9% Y/Y)Q3 operating profit margin improved to 2.51% compared with 2.41% a year earlier.Source For further details see: Hon Hai Precision Industry reports Q3 results

Hon Hai Precision (HNHAF) reports September revenue of NT$466.36B, up by 10.89% MoM and down 20.66% y/y.YTD revenue totaled NT$3348.35B (-7.03% y/y).Previously: Hon Hai Precision reports revenue growth in August (Sept. 7) For further details see: Hon Hai Precision reports revenue for Se...

Apple ([[AAPL]] +1.1%) contract manufacturers Hon Hai/Foxconn ([[HNHAF]],[[HNHPD]]), Wistron (WICOF), and Pegatron (PGTRF) will invest nearly $900M in India over the next five years, according to Reuters sources.The companies are taking advantage of India's new $6.7B production-linked initiat...