HNHAF News and Press, Foxconn Technology Group From 06/07/21

Formally known as Hon Hai Precision Industry (HNHAF), Foxconn reports a May revenue of NT$455.03B, down 9.08% M/M and up 17.59% Y/Y.YTD revenue totaled NT$2298.85B, up by 35.42% from the previous year.Source For further details see: Foxconn May revenue falls ~9% M/M

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. ...

Apple assembler Foxconn, formally known as Hon Hai Precision (HNHAF), will announce a new strategic partnership with automaker Stellantis (STLA) in a conference call on Tuesday. Stellantis was born when Fiat Chrysler merged with Peugeot maker PSA earlier this year, which created the world's f...

Foxconn, officially known as Hon Hai Precision (HNHAF), tops Q1 profit estimates with T$28.2 billion ($1 billion) versus the T$24.41 billion consensus.Revenue hit a new Q1 record at T$1.34 trillion, up 45% compared to last year's pandemic-impacted quarter.Consumer electronics sales were ...

BlackRock’s premier Taiwan-focused ETF continues to reap the rewards of the growing chip crisis. The fund covering a wide range of mid-to-large tier businesses has capitalized on the increased dependency of micro-electronics in all consumer goods. Since my last post, EWT ha...

Foxconn, formally known as Hon Hai (HNHAF), is teaming up with Yageo Corp on a semiconductor joint venture called XSemi Corporation, which will focus on making small integrated circuit products with average selling prices lower than $2."XSemi‘s key product focus, small ICs, will become...

Hon Hai Precision (HNHAF) reports consolidated revenue of NT$500.49B for April 2021.The figure is up 13.43% M/M and up 31.39% Y/Y.YTD revenue totaled NT$1843.82B, up by 40.68% from the previous year.Source For further details see: Hon Hai Precision April revenue jumps 13.4% M/...

Hon Hai Precision (HNHAF), Foxconn Technology (FXCOF) is the sole manufacturer of Apple's newly launched 11- and 12.9-inch iPad Pros; this will boost the manufacturer's April revenues.As per Digitimes Research's data, iPad shipments reached 20.09M units in Q4 while new devices are expect...

Foxconn, formally known as Hon Hai Precision Industry (HNHAF), has signed a new contract with the state of Wisconsin that lowers its taxpayer subsidies from nearly $3B to $80M.Democratic Gov. Tony Evers, a vocal critic of the facility deal signed by his Republican predecessor, says the n...

Apple assembler Foxconn, formally known as Hon Hai Precision Industry (HNHAF), has renegotiated the terms of its investment plans in Wisconsin, an heralded agreement that originally revolved around building an LCD chip fab.Foxconn chairman Young-Way Liu says the company plans to adjust the bu...