|Bid||88.90 x 0|
|Ask||89.00 x 0|
|Day's Range||88.60 - 92.90|
|52 Week Range||67.00 - 114.88|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||11.19|
|Earnings Date||May 13, 2019 - May 17, 2019|
|Forward Dividend & Yield||2.50 (3.40%)|
|1y Target Est||88.95|
With most of Foxconn’s facilities and workforce in China, the best way for a Taiwanese to get things done there is to stay out of the fray. Now he wants to be the president of Taiwan. Gou says he’s seeking the nomination of the opposition Kuomintang in order to support peace across the Taiwan Strait.
If Terry Gou is trying to model himself on US president Donald Trump, he is off to a fine start. Wearing a baseball cap emblazoned with the company logo and that of the Kuomintang (KMT) — the China-friendly main opposition party on whose ticket he wants to run — Mr Gou sat in the front row at a regional security conference to celebrate the 40th anniversary of the Taiwan Relations Act, the US law that obliges Washington to help the country defend itself against China. The tycoon asked a panellist, a lawmaker from the ruling Democratic Progressive party (DPP), which country was more important for Taiwan’s economy — the US or China — and worked himself into a rage over her response.
Taiwan's Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. state's governor said he wanted to renegotiate the deal. Democratic Governor Tony Evers, who inherited a deal to give Foxconn $4 billion in tax breaks and other incentives when he took office in January, said on Wednesday he wanted renegotiation because the firm is not expected to reach its job creation goals for the state. Foxconn's proposed 20-million-square-foot Wisconsin campus, announced at a White House ceremony in 2017, marks the largest greenfield investment by a foreign-based company in U.S. history and was praised by President Donald Trump as proof of his ability to revive American manufacturing.
MADISON, Wis. (AP) — Foxconn Technology Group said Thursday it remains committed to "long term" job creation in Wisconsin, after Gov. Tony Evers said it was unrealistic to expect the company to employ 13,000 people as promised.
While Foxconn chairman Terry Gou enters Taiwan's rancorous political arena free of any political baggage, he could yet find himself weighed down by connections to Beijing forged during his pragmatic commercial rise. Gou, 68, announced on Wednesday that he would contest Taiwan's 2020 presidential election, seeking to represent the opposition Kuomintang (KMT) party - a vote that comes after a period of increasing tension between Beijing and the self-ruled island. The network of Gou, Taiwan's richest person, also includes extensive U.S. connections, including a friendship with President Donald Trump.
You could call it divine intervention. Terry Gou said on Wednesday he will join primaries for Taiwan’s main opposition party, the Kuomintang, after the sea goddess Matsu told him to “come out and contribute”. The announcement came after Foxconn, known as Hon Hai Precision Industry, said on Tuesday that the self-made billionaire would be stepping back from daily management at the company.
Shares of Foxconn and its Shanghai and Hong Kong-listed units soared on Thursday as investors cheered news that the chairman of the world's largest contract manufacturer will run for president of Taiwan. Gou, Taiwan's richest person with a net worth of $7.6 billion according to Forbes, said on Wednesday he would join the already competitive presidential race, and take part in the opposition, China-friendly Kuomintang (KMT) primary elections. Foxconn in a statement on Tuesday said Gou would remain chairman, though he planned to withdraw from his company's daily operations.
Foxconn Technology Group assembles phones and gadgets found in almost every household in the developed world, including most of Apple Inc.’s iPhones and scores of devices for other brands. It’s a business that presents both strengths and drawbacks as Gou seeks to challenge Taiwanese President Tsai Ing-wen, a China critic whose party supports formal independence. While he’s admired as one of Taiwan’s most successful entrepreneurs -- a strong leader who can negotiate with both China and the U.S. -- his vast investments on the mainland could raise questions about Beijing’s potential influence over the democratically run island.
Democratic Governor Tony Evers, who took office in January, inherited a deal to give Foxconn around $4 billion in tax breaks and other incentives that was championed by Scott Walker, Evers' Republican predecessor. Announced at a White House ceremony in 2017, Foxconn's 20-million-square-foot campus marked the largest greenfield investment by a foreign-based company in U.S. history and was praised by President Donald Trump as proof of his ability to revive American manufacturing. Foxconn, a major supplier to Apple Inc, has pledged to eventually create 13,000 jobs in Wisconsin, but said earlier this year it had slowed its pace of hiring.
Taiwan is gearing up for one of its most unpredictable election races after Terry Gou, the country’s richest man and chairman of Apple supplier Foxconn, launched a presidential bid. Mr Gou, 68, said he would join the primaries for the Kuomintang (KMT), the main opposition party. The KMT takes a softer stance on China than the ruling Democratic Progressive party of incumbent president Tsai Ing-wen.
MADISON, Wis. (AP) — Gov. Tony Evers said Wednesday that he wants to renegotiate Wisconsin's nearly $3 billion contract with Foxconn Technology Group, saying it's "unrealistic" to think the company will employ 13,000 people as originally promised.
Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan's 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Gou, Taiwan's richest person with a net worth of $7.6 billion (£5.8 billion) according to Forbes, said he would join the already competitive race, and take part in the opposition, China-friendly Kuomintang (KMT) primaries. Gou had on Tuesday announced he was considering a presidential bid and hinted he was close to a decision, and on Wednesday told more than 100 people packed into a temple he would follow the instruction of a sea goddess who had told him to run for president.
April 17 (Reuters) - Hon Hai Precision Industry Co Ltd : * SAYS REGARDING CHAIRMAN TERRY GOU'S PERSONAL CAREER PLAN, THE COMPANY WILL HANDLE ACCORDING TO REGULATIONS, CLARIFYING MEDIA REPORTS * SAYS ITS ...
Terry Gou, the billionaire founder of electronics giant Foxconn, is steppingdown from his role as chairman to run for president of Taiwan
TAIPEI, Taiwan (AP) — Terry Gou, chairman of the world's largest contract assembler of consumer electronics, including Apple's iPhones, said Wednesday he intends to run for president of Taiwan, bringing his pro-business and China-friendly policies to what is expected to be a crowded field for next year's election.
Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan's 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled ...
Taiwanese tycoon Terry Gou announced on Wednesday that he will contest next January’s presidential election, a bid that disrupts the race amid rising tension with China. Mr Gou, founder and chairman of Apple supplier Foxconn, said he would run in the primaries of the opposition Kuomintang (KMT). The Foxconn founder’s push into politics comes as China has ramped up military threats and an international isolation campaign against Taiwan.
TAIPEI, Taiwan (AP) — Terry Gou, head of Foxconn, world's largest electronics supplier, says willing to run in Taiwan presidential primary.
Rock Romell, business reporter for The Milwaukee Journal, joins "The Exchange" to discuss the proposed Foxconn plant in Wisconsin which has seen multiple delays and changes.