|Bid||72.30 x 0|
|Ask||72.40 x 0|
|Day's Range||72.00 - 72.50|
|52 Week Range||67.00 - 116.75|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||8.55|
|Earnings Date||Mar 25, 2019 - Mar 29, 2019|
|Forward Dividend & Yield||2.50 (3.47%)|
|1y Target Est||88.95|
Foxconn initially planned to manufacture advanced large-screen displays for TVs and other consumer and professional products at the Wisconsin plant. It later said it would build smaller Generation 6 LCD screens instead. The initial Gen6 facility will manufacture screens for education, medical and healthcare, entertainment and sports, security, and smart cities products, Foxconn said Monday.
MADISON, Wis. (AP) — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year.
Microsoft last week sued Hon Hai Precision Industry Co. for failing to pay royalties on intellectual property owned by Microsoft as part of a 2013 deal. Microsoft says Hon Hai, which is also known as Foxconn Technology Group, owes it missed payments and interest. Foxconn’s billionaire chairman Terry Gou earlier this week accused Microsoft of a personal attack on him and his company, terming it a “wrongful” attempt to extract royalties on Android mobile operating software.
The chairman of Foxconn Technology Group -- whose listed arm Hon Hai Precision Industry Co. assembles the iPhone -- called an ad-hoc media conference Tuesday to rail at his U.S. adversary. Gou, a well-known personality in Taiwan, proceeded to rip Microsoft apart for a “wrongful” attempt to extract royalties on Android software by going after FIH Mobile Ltd., his company that makes phones for Huawei Technologies Co., Xiaomi Corp. and other vendors.
TAIPEI (Reuters) - Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp, saying as a contract manufacturer, it has never needed to pay royalties for ...
Microsoft has filed a suit against Foxconn parent company Hon Hai. Microsoft has also accused the company of not paying royalties on time. Tech giant Microsoft MSFT is taking legal action against Foxconn parent Hon Hai 2317-TW , after the Taiwanese consumer-electronics manufacturer allegedly failed to comply with a patent-licensing agreement from 2013.
March 8 (Reuters) - Hon Hai Precision Industry Co Ltd : * SAYS FEB SALES DOWN 4.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2tV1X66 Further company coverage: (Reporting by Hong Kong newsroom)
March 8 (Reuters) - Foxconn Interconnect Technology Ltd : * NOTED MEDIA REPORTS THAT CO HAS BEEN REMOVED FROM SUPPLIER LIST OF APPLE INC * CLARIFIES ABOVEMENTIONED REPORTS ARE FACTUALLY INCORRECT & BUSINESS ...
Qualcomm, the world's biggest maker of mobile chips, alleges in federal court in San Diego that Apple violated three of its patents, and is asking for tens of millions of dollars or more in damages. The patent case is part of a two-year series of lawsuits around the world between the companies. Apple has alleged that Qualcomm engaged in illegal patent practices to protect a dominant position in the chip market, and Qualcomm has accused Apple of using its technology without compensation.
The collapse of Amazon.com Inc.’s plan to build a second headquarters in New York City has the potential to damp some states’ willingness to offer tax breaks. Spurred by Amazon’s second-headquarters selection process, politicians and groups long opposed to incentive packages have launched legislative efforts to prohibit them in some states. In New York, bills proposed in the State Assembly and Senate call for compacts with other states promising to not provide any company-specific subsidies.
In Wisconsin, Taiwanese manufacturer Foxconn was backing away from promises it made in exchange for billions in incentives. Stoked by Amazon’s decision to turn its search for a new office hub into a nationwide reality show, a long-simmering backlash to corporate subsidies is coming to a boil. State legislators in Connecticut, Florida, Illinois and New York are targeting subsidies to individual companies.
Illinois congressional Democrats have asked Wisconsin's new Democratic governor to re-evaluate the environmental impact of a sprawling plant that Foxconn Technology Group plans to build near the states' border, saying they are concerned it could exacerbate flooding in Chicago's northern suburbs. Dick Durbin and Tammy Duckworth along with Reps. Brad Schneider and Lauren Underwood sent Gov. Tony Evers a letter on Friday saying stormwater run-off from the plant would drain into the Des Plaines River watershed and could worsen flooding in Illinois' Lake County, which covers the northeastern corner of Illinois and is just north of Cook County, which includes Chicago.
From the outset, I warned that it was a deal with all the hallmarks of Terry Gou deal-making. Gou is the founder and chairman of Foxconn Technology Group, the Taiwanese electronics giant that makes Apple Inc. iPhones and almost every other tech gadget in the world. From Brazil to Indonesia, and throughout China, Gou has a history of schmoozing with politicians who become enchanted by his zeal and are left with the belief that their beloved town will become the next iPhone City.
Feb 15 (Reuters) - Hon Hai Precision Industry Co Ltd : * SAYS JAN SALES UP 3.4 PERCENT Y/Y Source text: https://bit.ly/29I3zX1 Further company coverage: (Reporting by Hong Kong newsroom)
It all came down to the three months ended Dec. 31, JDI said Thursday afternoon. The news follows a Jan. 22 Wall Street Journal report saying Taiwan’s TPK Holding Co. and Chinese state-owned Silk Road Fund were in talks to invest up to 60 billion yen in JDI for a stake of about 30 percent. A bad year doesn’t always necessitate outside investment, but a net loss for the fiscal year ending March 31 would be JDI’s fifth unprofitable year in a row.
Nikon Corp said Foxconn Technology Group had requested to delay the instalment of equipment at the Taiwanese firm's new liquid crystal display (LCD) plant in the southern Chinese city of Guangzhou. Comments from the Japanese equipment maker come after Foxconn, formally Hon Hai Precision Industry Co, last week said its plant at Guangzhou was on schedule and denied a media report of production delay.
Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft, saying as a contract manufacturer, it has never needed to pay royalties for the U.S. company's software. David Pollard reports.
Rick Romell, Milwaukee Journal Sentinel business reporter, joins 'The Exchange' to discuss the uncertainty surrounding tech giant Foxconn's promise to build a manufacturing facility in Wisconsin.
A new report by Bloomberg News says the global manufacturer Foxconn may not deliver what it promised to the state of Wisconsin. Austin Carr, technology reporter at Bloomberg, joined CBSN to discuss what they learned.