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FIT Hon Teng Limited (6088.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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2.490-0.050 (-1.97%)
At close: 4:08PM HKT
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Neutralpattern detected
Previous Close2.540
Open2.550
Bid2.490 x 0
Ask2.500 x 0
Day's Range2.480 - 2.580
52 Week Range1.560 - 4.760
Volume5,862,000
Avg. Volume37,550,702
Market Cap17.163B
Beta (5Y Monthly)0.52
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateMar 30, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJun 25, 2019
1y Target Est0.64
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    • Linksys and Fortinet Announce Strategic Alliance to Deliver Enterprise-Grade Performance and Security for Work From Home Networks
      GlobeNewswire

      Linksys and Fortinet Announce Strategic Alliance to Deliver Enterprise-Grade Performance and Security for Work From Home Networks

      Fortinet Invests $75M in Linksys to Support Alliance to Offer Organizations Fast, Reliable, Secure, and Simple to Manage Remote ConnectivitySUNNYVALE, Calif. and IRVINE, Calif., March 22, 2021 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet “When organizations implement telework at scale, cyber criminals leap at the opportunity to exploit the numerous security gaps that arise. Security-driven networking—a strategy that converges networking and security across the connected environment, from the core, into the cloud, and to the branch and remote workers —enables organizations to see and defend today's highly dynamic environments while preserving an excellent user experience. We are excited to partner with Linksys to deliver enterprise-grade secure, reliable network connectivity for home-based workers.” Sidney Lu, Chairman and CEO of FIT Hon Teng “We are pleased to welcome Fortinet as a strategic partner in providing secured connectivity for consumers and remote professionals. The collaboration is a testament to the ongoing strength and reach of the Linksys business. We look forward to leveraging Fortinet’s proven cybersecurity expertise to capitalize on new opportunities.” News Summary Linksys, a global leader in wireless networking products, a subsidiary of Foxconn Interconnect Technology (6088.HK) (“FIT”) and Fortinet (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced a strategic alliance with the intent to further secure and optimize the performance and management of home networks in today’s work from home environment. Together, Fortinet, Linksys, and FIT will offer enterprise-grade connectivity and security and unparalleled quality of service to organizations that need to provide seamless and secure connectivity for their employees to efficiently work from home. As part of the alliance, Fortinet has made a strategic investment of $75M in Linksys, which provides leading and next-generation router connectivity solutions to consumers and businesses worldwide. In addition, Fortinet will appoint a representative to the Linksys Board of Directors. Additional Resources Read the Fortinet blog for its additional insights into the strategic alliance with Linksys.Find out how the Fortinet Security Fabric platform delivers broad, integrated, and automated protection across an organization’s entire digital infrastructure.Learn more about FortiGuard Labs threat intelligence and research and the FortiGuard Security Subscriptions and Services portfolio.Learn more about Fortinet’s Network Security Expert (NSE) Training Institute, including its free cybersecurity training initiative, the NSE Certification Program, Security Academy Program and Veterans Program.Read more about how Fortinet customers are securing their organizations.Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers.Follow Fortinet on Twitter, LinkedIn, Facebook, YouTube, and Instagram. About FortinetFortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 500,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning organization, the Fortinet Network Security Expert (NSE) Training Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs. FTNT-F Copyright © 2021 Fortinet, Inc.All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral,FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFone, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding the integration of, and plans for, the Panopta solution. Changes of circumstances, product release delays, changes in product and service plans, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements. About Foxconn Interconnect TechnologyFIT Hon Teng Limited (6088.HK), is a market leader of interconnect solutions for mobile devices, digital computer and consumer electronics, communication infrastructure, automotive, industry and medical applications and connected smart devices. Its subsidiary, Linksys, has been on a mission to build the world's most reliable and innovative wireless technology and was the first router brand to ship 100 million units worldwide. Recognized for its legacy in mesh hardware and award-winning Velop motion sensing software portfolio, Linksys connects your smart home or business with enhanced security and seamless, frustration-free WiFi. Linksys products are sold in more than 60 countries around the world. Contacts for Fortinet Media: Tiffany CurciTel: +1 408 235 7700pr@fortinet.com Investors:Peter SalkowskiTel: +1 408 331 4595psalkowski@fortinet.com Analysts:Ron DavisTel: +1 415 806 9892rdavis@fortinet.com Media Contact for LinksysJen Wei WarrenTel: +1 310 715 2721Jen.warren@belkin.com Media Contacts for FIT Hon TengHenry ChowThink Alliance GroupTel: +852 3841 1161 henry.chow@think-alliance.com Sharon TengThink Alliance GroupTel: +886 2 8758 2769sharon.teng@think-alliance.com

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      PR Newswire

      Belkin Announces BOOST↑CHARGE™ TrueFreedom PRO Wireless Charger

      Belkin, the connected things division within the Belkin International and Foxconn Interconnect Technology (FIT) (HK:6088) entity, today unveils the BOOST↑CHARGE™ TrueFreedom PRO Wireless Charger, the newest addition to its extensive portfolio of Qi-certified wireless charging solutions. A radical evolution beyond its core charging products, the TrueFreedom PRO continues Belkin's tradition of award-winning wireless charging solutions, selling nearly 10 million units worldwide. Belkin made history with its first Boost↑Up Wireless Charging Pad for iPhone 8, iPhone 8 Plus and iPhone X, and the company's dedication to people-inspired design and quality continues to inform the product lifecycle from user testing, regulatory compliance, manufacturing and warranty programs.

    • Belkin Expands Health & Wellness Category With BOOST↑CHARGE™ UV Sanitizer + Wireless Charger
      PR Newswire

      Belkin Expands Health & Wellness Category With BOOST↑CHARGE™ UV Sanitizer + Wireless Charger

      Belkin, the connected things division within the Belkin International and Foxconn Interconnect Technology (FIT) (HK:6088) entity, today introduces the BOOST↑CHARGE™ UV Sanitizer + Wireless Charger the newest addition to health & wellness portfolio.