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Hon Hai Precision Industry Co., Ltd. (2317.TW)
| Previous close | 171.50 |
| Open | 173.00 |
| Bid | 170.00 x 0 |
| Ask | 170.50 x 0 |
| Day's range | 167.00 - 173.00 |
| 52-week range | 94.00 - 179.00 |
| Volume | |
| Avg. volume | 122,332,720 |
| Market cap | 2.377T |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 15.84 |
| EPS (TTM) | 10.73 |
| Earnings date | 12 Aug 2024 - 16 Aug 2024 |
| Forward dividend & yield | 5.30 (3.12%) |
| Ex-dividend date | 04 Jul 2023 |
| 1y target est | 196.33 |
- Reuters
UPDATE 3-Foxconn upbeat on AI demand, stands by Sharp following writedown
Apple supplier Foxconn said on Tuesday it remained confident about strong AI server demand this year driving revenue, and pledged to stand by Japan's Sharp after taking a large, profit-impacting writedown last year. Foxconn, the world's largest contract electronics maker and Apple's top iPhone manufacturer, said on an earnings call it expected flat consumer electronics demand, but reiterated it saw significant growth in 2024 revenue given the artificial intelligence (AI) applications boom.
ReutersFoxconn upbeat on AI demand, stands by Sharp following writedown
Apple supplier Foxconn said on Tuesday it remained confident about strong AI server demand this year driving revenue, and pledged to stand by Japan's Sharp after taking a large, profit-impacting writedown last year. Foxconn, the world's largest contract electronics maker and Apple's top iPhone manufacturer, said on an earnings call it expected flat consumer electronics demand, but reiterated it saw significant growth in 2024 revenue given the artificial intelligence (AI) applications boom. "The visibility for this year has improved compared to in March, mainly thanks to strong AI server demand," company spokesman James Wu told a post-earnings conference call, pointing to a better business outlook but without providing detailed numbers.
- Reuters
Apple supplier Foxconn's Q1 profit jumps 72% y/y, misses forecasts
Apple supplier Foxconn reported on Tuesday a 72% rise in first-quarter profit, boosted by strong demand for computer servers and coming off a low base from the period a year earlier. The Taiwanese company, the world's largest contract electronics maker, said net profit for the January-March quarter rose to T$22.01 billion ($679 million) from T$12.8 billion in the same period the previous year.
