HNHPF News and Press, Foxconn Technology Group Global Dep Rcpt Reg S From 11/11/22

Foxconn, also known as Hon Hai Precision ( OTCPK:HNHPF ), will increase the number of workers at its plant in India that builds iPhones for Apple ( NASDAQ: AAPL ) by a factor of four over the next two years, Reuters reported . The news outlet, citing two government o...

INDIEV and Hon Hai Technology Group has announced the signing of a MOU, paving the way for Foxconn Ohio to manufacture the first INDI One prototype vehicles. Partnering with Foxconn, the world's leader in consumer electronics, during this exciting time in their entry into electric...

INDIEV and Foxconn Sign MOU to Produce Prototype INDI One in Ohio PR Newswire LOS ANGELES and TRUMBULL COUNTY, Ohio , Oct. 5, 2022 /PRNewswire/ -- INDIEV, Inc. ("INDIEV") and Hon Hai Technology Group ("Foxconn") (TWSE: 2317) today announced the signin...

Summary Hon Hai delivered resilient Q2 numbers, as its supply chain resilience shines through. Forward guidance has been raised as well, signaling management's confidence in the outlook. With the stock trading at a very reasonable valuation relative to its growth potential, Ho...

Hon Hai Precision ( OTCPK:HNHAF ) reports June revenue of NT$526.2B, up 5.7% M/M and 31% Y/Y. Cloud and Networking Products, Computing Products, as well as Components and Other Products delivered double-digit growth. Smart Consumer Electronics Products declined MoM due to...

Apple's critical iPhone and Mac assemblers reported underwhelming revenue in April. The headwinds from China's COVID lockdowns and weaker consumer demand have been significant. Therefore, we think the market is pricing in the top end of Apple's estimated revenue impact of $4B to $8B i...

Lordstown Motors (NASDAQ: RIDE) stock is absolutely crushing the markets today. Shares of the embattled electric-vehicle (EV) manufacturer were trading up -- hold your breath -- a staggering 47% as of 12:50 p.m. ET Thursday. The stock had surged as high as 58.3% at its highest p...

Lordstown Motors and Foxconn Close Asset Purchase Agreement and Enter into JV Agreement for MIH Based EV Development PR Newswire $100 million Investment in Joint Venture Asset Purchase Agreement closing results in approximately $260 million in proceeds ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street doesn’t seem to be taking the latest news about Lordstown Motors Corp. (NASDAQ: RIDE ) stock well. Lordstown on Monday announced that it’s pushing back its deal to sell its Ohio factory...

Bloomberg reported that Apple is considering a hardware subscription strategy for its devices. We discuss why it could help Apple penetrate more effectively into Android's traditional strongholds and take share. We also discuss why AAPL stock is a Buy. For further details se...