HNHPF - Hon Hai Precision Industry Co., Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
6.02
+0.18 (+3.03%)
At close: 3:59PM EST
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Trade prices are not sourced from all markets
Previous Close5.84
Open6.03
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.96 - 6.05
52 Week Range4.31 - 6.15
Volume123,722
Avg. Volume106,676
Market Cap41.462B
Beta (3Y Monthly)0.60
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.26 (4.42%)
Ex-Dividend Date2019-07-24
1y Target EstN/A
  • China accuses Apple of labor law violations
    Yahoo Finance Video

    China accuses Apple of labor law violations

    Apple is denying a report that alleges that it, along with manufacturing partner Foxconn, violated Chinese labor laws. Yahoo Finance's Adam Shapiro, Julie Hyman, Andy Serwer, and Brian Sozzi discuss.

  • Apple, Foxconn Broke a Chinese Labor Law
    Bloomberg

    Apple, Foxconn Broke a Chinese Labor Law

    Sep.08 -- Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China Labor Watch, which issued the report ahead of an Apple event on Tuesday to announce new iPhones. Peter Elstrom reports on "Bloomberg Markets: China Open."

  • News on the Move: Kennedy family death, Foxconn and more
    Yahoo Finance Video

    News on the Move: Kennedy family death, Foxconn and more

    Yahoo Finance's Adam Shapiro fills you in on the latest news stories that you need to know.

  • How Cities and States Can Stop the Incentive Madness
    City Lab NonHosted

    How Cities and States Can Stop the Incentive Madness

    Economist Timothy Bartik explains why the public costs of tax incentives often outweigh the benefits, and describes a model business-incentive package.

  • TheStreet.com

    [video]Alibaba, Apple and Many Others Are Hedging Their Bets as Trade Tensions Continue

    While U.S. and Chinese firms are trying to fully disengage with each other, many are trying to guarantee that they have options should economic tensions worsen.

  • Reuters

    Foxconn-backed HCM in talks on new larger tech fund

    In an interview with Reuters, HCM founder and managing partner Jack Lee said he could not yet specify the size of the new fund that it plans to raise, but said it could be a "hundred million more or up to several hundred" million more than HCM's previous fund which invested in a number of blockchain and other tech startups. Foxconn Technology, a unit of the world's largest contract electronics manufacturer Hon Hai Precision Industry , is one of the investors in giant Japanese firm SoftBank's $100-billion Vision Fund.

  • Reuters

    Wisconsin county to lock in long-term financing for Foxconn project

    Wisconsin's Racine County next week will lock in $110 million, 20-year financing for a major development by Taiwan's Foxconn Technology Group that has undergone changes in scope since it was announced in 2017, the county and a bank underwriting the bonds said. The planned $10 billion, 20-million-square-foot campus in the southeastern Wisconsin county had been hailed by the White House as the largest investment for a brand new location by a foreign-based company in U.S. history and proof that President Donald Trump was reviving American manufacturing. Foxconn initially sought to manufacture advanced large-screen displays for TVs and other consumer and professional products at the Wisconsin site.

  • Reuters

    Sales at Taiwan's Apple supplier Hon Hai flat in September

    Sales at Hon Hai Precision Industry, known by its trade name Foxconn and as a key supplier of Apple Inc's products, rose by 0.5% rise in September. The world's largest contract electronics manufacturer reported revenues of T$587.79 billion ($19 billion) in September, up from T$584.93 billion from a year earlier, it said in a filing to the Taiwan stock exchange. Taipei-based Foxconn, which manufactures the bulk of Apple's iPhones in China for sale in the United States, faces challenging quarters ahead as Washington plans to impose additional tariffs on Chinese imports, including smartphones.

  • Apple Eyeing Foxconn’s Labor Violations for iPhone 11
    Market Realist

    Apple Eyeing Foxconn’s Labor Violations for iPhone 11

    China Labor Watch released a detailed report about the conditions at Foxconn’s manufacturing facilities. Foxconn is a major supply chain partner for Apple.

  • Benzinga

    Watchdog Group Alleges Labor Violations In iPhone Manufacturing; Apple Says Report Mostly False

    New York City-based CLW said in a report over the weekend that it has evidence the upcoming iPhone 11 is being illegally produced at Foxconn facilities in China. The watchdog group said the percentage of dispatch or temporary workers at Foxconn facilities make up more than 50% of the entire workforce. "Apple and Foxconn know that the issue with dispatch workers is in violation of labor laws, but because it is profitable to hire dispatch workers, they haven't addressed the issue.

  • TheStreet.com

    [video]Is Apple Exploiting Chinese Workers?

    Apple and its manufacturing partner Foxconn have been called out -- again -- for taking advantage of factory workers in China.

  • Apple let Chinese suppliers break labor laws to produce new iPhone, says report
    MarketWatch

    Apple let Chinese suppliers break labor laws to produce new iPhone, says report

    China Labor Watch (CLW), a non-profit organization aimed at advocating for Chinese workers, released a damning report about the use of temporary workers at Apple supplier Foxconn.

  • TheStreet.com

    [video]Apple Denies Allegations of Chinese Labor Law Violations

    Apple denies most of the accusations leveled against it and manufacturer Foxconn regarding its Chinese operations and how they treat workers who assemble its iPhones.

  • Apple, Foxconn say they overly relied on temporary workers in China
    Reuters

    Apple, Foxconn say they overly relied on temporary workers in China

    Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management levelled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers. The response comes after China Labor Watch on Monday issued a lengthy report accusing the two companies of breaching numerous Chinese labour laws, including one barring temporary staff from exceeding 10% of the total workforce. U.S. tech firm Apple relies heavily on Taiwan's Foxconn and its Chinese manufacturing facilities to produce devices such as the iPhone, the next line of which will be unveiled on Tuesday.

  • Exclusive: India to woo foreign firms like Apple to capitalise on U.S.-China trade war
    Reuters

    Exclusive: India to woo foreign firms like Apple to capitalise on U.S.-China trade war

    India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters. Several Indian officials met on Aug. 14 and discussed a list of "target companies" that also include Taiwan-headquartered contract manufacturer Pegatron Corp, a source with direct knowledge said. The dispute between the United States and China, the world's two largest economies, has led to higher tariffs on goods worth billions of dollars and disrupted global supply chains, prompting companies to look at other investment avenues to escape higher tariffs.

  • Exclusive: India to woo foreign firms like Apple to capitalize on U.S.-China trade war
    Reuters

    Exclusive: India to woo foreign firms like Apple to capitalize on U.S.-China trade war

    India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters. Several Indian officials met on Aug. 14 and discussed a list of "target companies" that also include Taiwan-headquartered contract manufacturer Pegatron Corp, a source with direct knowledge said. The dispute between the United States and China, the world's two largest economies, has led to higher tariffs on goods worth billions of dollars and disrupted global supply chains, prompting companies to look at other investment avenues to escape higher tariffs.

  • Apple's data shows a deepening dependence on China as Trump's tariffs loom
    Reuters

    Apple's data shows a deepening dependence on China as Trump's tariffs loom

    Apple faces levies of 15% imposed by Trump's administration on major products made in China such as smartwatches and wireless headphones on Sept. 1, with a tariff on its biggest seller, the iPhone, to take effect on Dec. 15.

  • Reuters

    Apple-supplier Foxconn's second-quarter profit falls less than expected

    Taiwan's Foxconn, which makes smartphones for Apple and other brands, reported a 2.5% fall in quarterly profit on Tuesday, a slightly smaller decline than analysts' expected. Foxconn, the world's largest contract electronics manufacturer and formally known as Hon Hai Precision Industry Co Ltd, reported net profit of T$17.05 billion ($542 million) for the April-June quarter, versus an average forecast of T$16.01 billion according to 14 analysts' estimates compiled by Refinitiv. Taipei-based Foxconn, which manufactures the bulk of Apple's iPhones in China for sale in the United States, faces even more challenging quarters ahead as Washington plans to impose additional tariffs on $300 billion of Chinese imports including smartphones from Sept. 1.