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NEWS TAGGED HON HAI PRECISION INDUSTRY
Tuesday 7 September 2021
Foxconn posts decreased August revenue
Foxconn (Hon Hai) Technology Group has reported revenues of NT$400.05 billion (US$14.5 billion) for August 2021, down 4.3% sequentially and 4.9% on year.
Friday 13 August 2021
Foxconn expects EV to bring in revenues by 2023
EMS provider Hon Hai Technology Group (Foxconn) expects its electric vehicle (EV) business to generate revenues substantially in 2023 when production at its EV factories in the US...
Monday 9 August 2021
India may increase incentives for foreign investments in IT products
India plans to ramp up its production linked incentive scheme (PLI) for IT hardware as suppliers criticized the current budget is too low to satisfy domestic demand, according to...
Friday 6 August 2021
Foxconn gears up for automotive power IC boom
Foxconn (Hon Hai) Technology Group, through its NT$2.52 billion (US$90.67 million) acquisition of Macronix International's 6-inch wafer fab and equipment, will be able to meet a market...
Wednesday 28 July 2021
Foxconn installs advanced packaging equipment at China plant
Foxconn Technology (Hon Hai Precision Industry) has started installing equipment including lithography systems for high-end IC packaging at its chip plant in Qingdao, northeast China,...
Monday 26 July 2021
Subverting and transforming the mobility market
COVID-19 has prompted many people to rethink life and work, and many industries to accelerate their development. Vehicle electrification has been picking up pace, and the car industry...
Tuesday 6 July 2021
Foxconn posts flat revenue growth in 2Q21
Foxconn (Hon Hai) Technology Group saw its revenues amount to NT$1.36 trillion (US$48.65 billion) in the second quarter of 2021, up a slight 0.7% sequentially.
Thursday 1 July 2021
Six-inch fabs become acquisition target
Six-inch wafer fabs have become acquisition targets of automotive power semiconductor companies, as well as Foxconn Electronics (Hon Hai Precision Industry) and Tesla, both of which...
Thursday 24 June 2021
Foxconn plowing deeper into semiconductor and EV
Foxconn (Hon Hai) Technology Group has recently acquired a 5.03% stake or 120 million shares in Malaysia-based Dagang NeXchange (DNeX) for around NT$720 million (US$25.78 million)...
Friday 18 June 2021
Yageo to enhance product mix through mergers, partnership
Passive component manufacturer Yageo, which used to have commodity products account for the majority of revenue, has managed to improve its product mix through several mergers made...
Friday 18 June 2021
ShunSin gearing up for 400G transceiver module packaging services
Backend house ShunSin Technology, a subsidiary of Foxconn Technology (Hon Hai Precision) specializing in system-in-package (SiP) modules, is poised to reap handsome income by rendering...
Thursday 3 June 2021
Foxconn to form electric vehicle JV with Thailand's PTT in 2H21
Foxconn Technology Group (Hon Hai) will form a joint venture with PTT, Thailand's majority state-owned oil and gas company, in the second half of 2021 as part of their memorandum...
Friday 28 May 2021
Foxconn reportedly eyeing stake in DNeX
Foxconn (Hon Hai) Technology Group is reportedly in talks for taking a certain stake in Malaysia-based Dagang NeXchange (DNeX), which owns a 60% share of 8-inch foundry house SilTerra...
Thursday 27 May 2021
Foxconn to soon reopen COVID-hit plants in Vietnam
Foxconn Technology Group (Hon Hai Precision Industry) will soon reopen its factory sites in Bac Giang, Vietnam that have been closed due to COVID-19.
Friday 23 April 2021
Foxconn to see new iPad Pros boost April revenuese
Apple's newly launched 11- and 12.9-inch iPad Pros are manufactured solely by Foxconn Technology Group (Hon Hai Precision Industry), which is expected to boost the manufacturer's...