HNHAF News and Press, Foxconn Technology Group From 08/17/21

Hon Hai has disclosed some promising new developments in the EV space with its recent Macronix and Nidec transactions. While any earnings contribution will likely only kick in over the medium term, Hon Hai efforts to build on its competitive advantage in EVs is encouraging. Near-t...

Apple (NASDAQ:AAPL) suppliers in China including Foxconn (OTCPK:HNHAF) are reportedly raising their starting bonuses to attract more workers ahead of the iPhone 13 launch this fall. South China Morning Post sources say Foxconn has raised its new hires bonus to about $1,578 for workers who sta...

Hon Hai Precision (OTCPK:HNHAF) reports a July revenue of NT$418.02B, up 4.08% M/M and 3.64% Y/Y. Year-to-date revenue totaled NT$ 3,118.49 billion, up by 26.69% from the previous year. For further details see: Hon Hai Precision July revenue up 4% M/M

Scott Olson/Getty Images News Nidec (NJDCY) will establish a joint venture with Taiwan's Hon Hai technology group, known as Foxconn (HNHAF), for EV motor production, according to Nikkei Asia sources. Nidec is a Japanese manufacturer and distributor of electric motors. The company has the larg...

Scott Olson/Getty Images News Foxconn, formally known as Hon Hai (HNHAF) has disclosed it will invest in Singapore-based SES, a maker of Li-metal batteries, a move in line with its ambitious deployments in the electric vehicle sector, according to Digitimes. The Company did not specify the su...

Just_Super/iStock via Getty Images In an unusual arrangement, Taiwan will receive an additional 10M doses of the BioNTech([[BNTX]] +4.6%)/Pfizer ([[PFE]] +0.9%) COVID-19 vaccine thanks to Taiwan Semiconductor Manufacturing Company ([[TSM]] +2.3%) and Hon Hai Precision Industry Company ([[HNHA...

hapabapa/iStock Editorial via Getty Images Foxconn, formally known as Hon Hai (HNHAF), is in talks with the Wisconsin Economic Development Corporation about potentially using its factor in the state to produce electric vehicles. Earlier this year, Foxconn dialed back plans for its $10B Wiscon...

Foxconn, formally known as Hon Hai Precision (HNHAF), and Gogoro endorsed a Memorandum of Understanding to form a vital technology and manufacturing partnership.The companies will expedite Gogoro’s global expansion by using Foxconn’s manufacturing capabilities to advance new man...

Apple assembler Foxconn, formally known as Hon Hai Precision (HNHAF), announces plans to invest NT$1 billion (about $36.1 million) for new shares issued by PV conductive paste maker Giga Solar Materials through private placement, according to Digitimes.Foxconn will acquire a 10.54% stake...

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