|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||6.53 - 6.66|
|52-week range||6.03 - 7.93|
|Beta (5Y monthly)||0.62|
|PE ratio (TTM)||11.39|
|Forward dividend & yield||0.35 (5.26%)|
|Ex-dividend date||13 July 2022|
|1y target est||N/A|
Taiwan's main opposition party has snubbed Foxconn founder Terry Gou for a second election in a row. The group chose the New Taipei City Mayor Hou Yu-ih instead as the presidential candidate for next years' polls over the tech billionaire. Samson Ellis reports on Bloomberg Television.
(Bloomberg) -- Foxconn Technology Group will be able to make good use of its electric-vehicle factory in Lordstown, Ohio, no matter how its dispute with Lordstown Motors Corp. is resolved, Chairman Young Liu said.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffGoogle Billionaire Sergey Brin Gifts $600 Million in S
(Bloomberg) -- Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed to a persistently weak Android phone market.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersMichael Burry Doubles Alibaba Stake in Big Bet on China TechTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Set for Runo
(Bloomberg) -- India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed, including billionaire Anil Agarwal’s $19 billion plan, are taking time to get off the ground.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His Dea
(Bloomberg) -- Lordstown Motors Corp. may be forced to cease operations and file for bankruptcy after manufacturing giant Foxconn told the electric-vehicle company that it’s prepared to pull out of a production partnership.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jobs That AI Co
(Bloomberg) -- Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysOne Tesla Deal Propels Little-Known Family to $800 Million FortuneApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldChatGPT Can De
(Bloomberg) -- Billionaire Anil Agarwal’s plan to build a $19 billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeJPMorgan Calls Managing Directors to Office Five Days a WeekFed Leans Toward Another Hike, Defying Staff’s Recession OutlookI Bonds Lose Their Luster With Yield Set to Pl
(Bloomberg) -- Hon Hai Precision Industry Co. increased revenue by only 3.9% last quarter, underscoring how fears of a recession are crimping demand for iPhones and other consumer electronics.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonUS Core CPI Jumps Again While Show
(Bloomberg) -- Apple Inc. is seeking changes in India’s labor laws as part of its effort to expand local production, and regional governments are yielding to its request as they are eager to snatch iPhone assembly from China.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsJack Dorsey’s Wealth Tumbles $526 Million A
(Bloomberg) -- Hon Hai Precision Industry Co. said it expects to multiply its sales of electric vehicle components this year while weathering cooler consumer spending on technology.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesSVB’s Loans to Insiders Tripled to $219 Million Before It FailedSwiss Are On the Hook for $13,500 Each on Cr
(Bloomberg) -- Hon Hai Precision Industry Co.’s February sales fell 11.7% from a year earlier, despite a boost for the iPhone assembler from China’s reopening.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Your Next Holiday Flight Will Cost a FortuneGlobal Investors Contemplate Fallout From US Rates Reaching 6%Deepest Bond Yield Inversion Since Volcker Suggests Hard LandingThe Apple Inc. supplier, also k
(Bloomberg) -- Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed U
(Bloomberg) -- Foxconn Technology Group named former Nidec Corp. boss Jun Seki the chief strategy officer of its electric vehicle venture, making the first high-profile hire for a business the iPhone-maker hopes will carve out new markets.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Plenty of Americans Are Drinking Bleach, Still for Sale on Amaz
(Bloomberg) -- Key Apple Inc. manufacturing partner Foxconn Technology Group has appointed a new boss for its iPhone assembly business after a tumultuous year in China, highlighting the company’s efforts to ready a new generation of leaders to help it navigate a post-Covid world.Most Read from BloombergMore Young Americans Are Dying, But Not From VaccinesNew Zealand Prime Minister Ardern Announces Shock ResignationTreasury Taps Retirement Funds to Avoid Breaching US Debt LimitBiden Revives Housi
(Bloomberg) -- Apple Inc. partners Foxconn Technology Group and Pegatron Corp. included Southeast Asia in their expansion plans for 2023, in a sign major global contract electronics manufacturers will continue to add production capacity outside China to mitigate geopolitical and economic risks. Most Read from BloombergApple Delays AR Glasses, Plans Cheaper Mixed-Reality HeadsetMicrosoft to Cut Engineering Jobs This Week as Layoffs Go DeeperAmazon Kicks Off Round of Job Cuts Affecting 18,000 Peop
Even Nostradamus couldn't have predicted the events of 2022. Let's see if the coming year will be any easier.
(Bloomberg) -- Apple Inc. exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the US tech giant is accelerating a shift from China with geopolitical tensions on the rise.Most Read from BloombergUS Inflation Cools Again, Putting Fed on Track to DownshiftT-Mobile Considers Buying Ryan Reynolds’s Mint MobileUniversal Plans New Family Resort in Texas, Las Vegas Horror AttractionUS Safety Agency to Consider Ban
NVIDIA (NVDA) and Taiwan's Foxconn enter a strategic partnership to develop automated platforms that will get featured in tier-1 electronic vehicles manufactured by Foxconn.
Foxconn to Manufacture NVIDIA DRIVE Orin Computers for Global Automotive Market, Integrate NVIDIA DRIVE Hyperion Sensor Architecture for EV Fleets NVIDIA DRIVE Orin Foxconn will produce electronic control units based on NVIDIA DRIVE Orin for the global automotive market. SANTA CLARA, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- CES—NVIDIA and Hon Hai Technology Group (Foxconn), the world’s largest technology manufacturer, today announced a strategic partnership to develop automated and autonomous v
(Bloomberg) -- Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity, suggesting Apple Inc.’s biggest main production partner has secured enough workers despite a Covid resurgence and recent staff upheaval.Most Read from BloombergMcCarthy’s Speaker Deal Could Stymie Defense Spending Next YearSalesforce Guts Tableau After Spending $15.7 Billion in 2019 DealTrump’s Troubles Mount as Special Counsel Gets New 2020 EvidenceMorphe Brand Once Va
(Bloomberg) -- India and Vietnam are emerging as Apple Inc.’s next manufacturing hubs as assembly partners seek to add resilience to a supply chain heavily centered on China and shaken by its geopolitical and health challenges.Most Read from BloombergElon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’Power Outages, Flight Delays as US Storm Leaves Trail of ChaosBest Nonfiction of 2022: Great Books That Will Make You ThinkRussia May Raise Crude Oil Exports if EU Ban Cuts RefiningUk
(Bloomberg) -- Foxconn Technology Group, the primary assembler of iPhones for Apple Inc., is easing most anti-Covid restrictions at its factory in Zhengzhou, China — a facility that had become a flashpoint in the country’s efforts to contain infections.Most Read from BloombergI’ve Seen Trump’s Tax Returns and Now You Can, TooDonald Trump’s Taxes Reveal Big Losses: What We Learned So Far, in ChartsMusk Lashes Out at Unhappy Investor as Tesla Shares RetreatMusk Will Resign as Twitter CEO and Focus
(Bloomberg) -- Hon Hai Precision Industry Co. reported sales for November were down 11.4% from the prior year after some shipments were affected by a Covid outbreak in the Chinese city of Zhengzhou, where the company operates the world’s largest iPhone assembly complex.Most Read from BloombergElon Musk Steps Up Attacks on Twitter’s Former Safety HeadFed’s Message That Rates Will Stay on Hold for ‘Some Time’ Clashes With 2023 Rate-Cut BetsChina’s Top Medical Adviser Says Omicron’s Risks Same as F
Sales at Apple supplier Foxconn have fallen by nearly a third amid a shut down and violent protests at its iPhone plant in China promoted by Beijing’s strict Covid lockdowns.