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Hon Hai’s Q3 revenue hits NT$1.85T milestone
Hon Hai Precision Industry Co. reports a 41% quarterly revenue increase, reaching NT$1.85 trillion. CFO David Huang credits operational scale. Chairman Young Liu is optimistic about Q4 growth.
8小時前
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Taiwan stocks open lower, TSMC faces early pullback
Taiwan’s stock market opened lower on Nov. 13, with TSMC pulling back and Largan Precision surging over 7%. Investors react to Trump’s election win.
1天前
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Taiwan approves TSMC’s US$7.5 billion investments
Taiwan’s Ministry of Economic Affairs approved TSMC’s $7.5 billion investment in its Arizona plant, boosting semiconductor production. Other major investments include Wiwynn, Orsted, Hon Hai, and Primax.
2024/09/24 10:00
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Tech leaders laud Hon Hai’s economic contributions at Gala
Discover the success story of Hon Hai Precision Industry Co at its 50th anniversary gala dinner, where founder Terry Gou highlighted the company’s impact on employees and the community. Special messages from tech leaders like Tim Cook and Jensen Huang added to the celebration.
2024/02/21 13:43
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Hon Hai anticipates growth amid global AI chip scarcity
Hon Hai Precision Industry Chairman Young Liu has stated that the AI server industry is facing a shortage of AI chips, which is expected to persist throughout 2024. Liu emphasized that the problem can only be resolved by increasing production capacity in new factories. He also highlighted that geopolitical and economic conditions may affect the demand for consumer electronic products this year. Despite holding a significant position in the global AI server industry, Hon Hai is facing a shortfall in the supply of AI chips from major manufacturers like NVIDIA. While some second and third-tier factories claim their AI server performance will be good in 2024, Liu expressed skepticism and confusion about this situation.
2024/02/05 10:21
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Hou Yu-ih seeks unity with Terry Gou for turnover
Kuomintang’s presidential candidate Hou Yu-ih has revealed his communication with Terry Gou, the founder of Hon Hai Precision Industry Co. The aim is to unite opposition parties and promote political turnover. This announcement follows a six-point consensus achieved between KMT and Taiwan People’s Party (TPP) in the presence of former president Ma Ying-jeou. In response to TPP presidential hopeful Ko Wen-je’s emotional reaction to the agreement, Hou asserts that both parties under Ma’s watch have reached a substantial consensus, and it will be executed as agreed. Hou appeals for support in their mission to expose the incompetent Democratic Progressive Party. He emphasizes that the final judgment regarding any comparison of poll results will be entrusted to a team of three poll experts. The joint effort among opposition parties to challenge the DPP has become a significant narrative in Taiwan’s ongoing political discourse, with a wait-and-watch attitude adopted for the upcoming poll results.
2023/11/19 16:11
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Foxconn audit is’ normal law enforcement action’: Beijing
China’s Taiwan Affairs Office (TAO) has stated that the audit of Foxconn, a subsidiary of Hon Hai Precision Industry Co. Ltd, is a "normal law enforcement action." TAO Spokesperson Chu Feng-lien emphasized that China will continue to support Taiwanese businessmen and companies investing in mainland China. Chinese authorities aim to create a favorable development environment and improve policies for Taiwanese compatriots and businesses.
2023/10/26 15:04
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Premier voices gov’t support for Hon Hai amid Chinese audits
The Taiwanese government maintains communication with Hon Hai Precision Industry Co., Ltd. amid Chinese tax and land audits. The inspections of Foxconn, a subsidiary of Hon Hai, have caused concern. The government emphasizes its commitment to supporting Taiwanese businesses.
2023/10/23 17:57
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Pre-IPO event highlights Foxtron’s tripling revenue
Foxtron Vehicle Technologies, a subsidiary of Hon Hai Precision Industry Co., Ltd., announced that its revenue has tripled compared to last year, indicating promising future growth. The company’s electric bus, Model T, has received overwhelming orders exceeding its production capacity, while its first passenger car, Model C, has been adopted by Luxgen Motor Co., Ltd. with orders surpassing 8,000 units. CEO Andy Lee envisions complete electrification of public buses by 2030, anticipating significant growth for Foxtron products in the coming years.
2023/10/23 17:34
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Foxconn to invest US$250M in Vietnam beyond iPhone assembly
Hon Hai Precision Industry Co., also known as Foxconn, announced plans on Tuesday (July 4) to invest approximately US$250 million in setting up two new component factories in northern Vietnam. One of the factories will specialize in producing components for electric vehicles (EVs), signaling Hon Hai’s continued diversification into the EV industry.
2023/07/04 11:03