Foxconn (Honhai) – Page 17

Foxconn Manager Stole ‘Thousands’ of Smartphones

by Tom Allen

A senior manager at Hon Hai, known only by his surname (Tsai), has admitted to stealing thousands of smartphones from a factory in Zhengzhou and selling them privately in China. The thefts are estimated …

Foxconn February Revenue Down 30% MoM

by Helen Vince

Foxconn Electronics’ sales slipped 29.3% month on month to NT$280 billion ($8.9 billion), though this was 7.4% higher than February of last year. Sales for January and February climbed 17.5% year on year to …

Tags:Financial Data| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 11

Foxconn Sales Climb 26% YoY in January

by Helen Vince

Foxconn Electronics said that strong shipments of iPhone 6 smartphones helped the company to a 26% year on year increase in sales in January to NT$396 billion ($12.5 billion), though this was 23.3% lower …

Hon Hai Says it’s Not Cutting Jobs

by Helen Vince

Hon Hai Group says it does not plan to reduce the number of people it employs and that it will maintain its employee numbers at more than one million worldwide. The group was responding …

Tags:Employment and Redundancies| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 05

Hon Hai Ends Year with Record Sales

by Helen Vince

Hon Hai Precision Industry ended the year with record sales for the second consecutive month and achieved new quarterly and annual highs. In December the company’s sales reached NT$515.5 billion ($16.2 billion), slightly ahead …

Innolux Mobile Display Play

by Helen Vince

Business and Strategy – Innolux, Taiwan’s largest LCD fab, made headlines last week with the announcement of new fab investment in mobile displays as it looks to keep pace with LCD demand, particularly of LTPS LCD …

Hon Hai, Innolux to Set-up Joint Panel Plant

by Raverstead

Hon Hai Precision and Innolux are to invest NT$50 billion ($1.6 billion) in a joint venture 6G panel production plant in Kaohsiung, Taiwan, to produce LTPS panels for smartphones. Sources suggest that the plant …

Hon Hai Result 19/11/2014

by Raverstead

Hon Hai Precision Industry Company posted a net profit of NT$34 billion ($1.1 billion) in the third quarter of the year on turnover of NT$ 950.5 billion ($30.7 billion), bringing net profit in the …

Tags:Financial Data| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 21 - Issue 46

Rumour: Foxconn Plans New Production Base

by Raverstead

Chinese newspaper CBN Daily has said that Foxconn is to set up a production base in Shandong Province. According to the source, the facility will produce handsets and connectors. An exhibition centre will also …

Tags:China| Foxconn (Honhai)| Mobile Display Monitor| ODMs & OEMs| Vol 21 - Issue 44

Xiaomi to Limit Expansion

by Raverstead

Chinese phone company Xiaomi is to scale back its overseas expansion plans and concentrate on boosting production of its devices through Foxconn Technology Group. A spokesman for Xiaomi was quoted as saying that the …

Tags:Foxconn (Honhai)| Mobile Display Monitor| Vol 21 - Issue 47| Xiaomi

Hon Hai Posts 22% Jump in Sales

by Raverstead

Hon Hai Precision (which trades as Foxconn Electronics) grew sales in October by 22.6% year on year to NT$469 billion ($15.3 billion), bringing sales for January to October to NT$3.2 trillion ($104.6 billion), 5.8% …

Tags:Financial Data| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 21 - Issue 45

Hon Hai Posts Record Monthly Sales

by Raverstead

Strong demand for Apple products helped Hon Hai Precision achieve record sales in November of NT$514.8 billion ($16.5 billion), up 12.8% from November 2013 and 9.8% higher than October. In the first 11 months …