|Day's Range||2.67 - 2.71|
|52 Week Range||2.39 - 3.35|
|PE Ratio (TTM)||19.45|
|Dividend & Yield||0.01 (2.52%)|
|1y Target Est||N/A|
Qualcommwarned of a significant revenue shortfall on Friday, after Apple said it would withhold payments to its own iPhone suppliers, choking their ability to pay royalties on the chipmaker's designs. ...
Shares in FIH Mobile (2038.HK), a unit of Taiwan electronics maker Hon Hai Precision (2317.TW), tanked 13% in Wednesday trading. The Hong Kong-listed company, which makes mobile phones for Chinese brands Xiaomi and Oppo, had earlier said it expected to record an interim net loss of USD110 million following the acquisition of Nokia’s old handset business. FIH bought the Nokia assets alongside Finland’s HMD Global for USD350 million from Nokia parent Microsoft (MSFT) last year.
Smartphone assembly provider FIH Mobile (2038.Hong Kong) soared 10.6% on Friday after issuing a positive profit alert. FIH Mobile revised its 2016 profit outlook and now expects net profit between $135 and $145 million, from the previous forecast of $110 million. FIH Mobile said the profit slump in 2016 was largely due to "lower demand from some of the Group’s major customers as a result of, among other factors, customer transition, thus resulting in lower sales of the Group’s products".