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Hon Hai Precision Industry Co., Ltd. (HNHPF)

Other OTC - Other OTC Delayed Price. Currency in USD
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5.82-0.03 (-0.49%)
At close: 12:57PM EST
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Neutralpattern detected
Previous Close5.85
Open5.95
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.81 - 5.95
52 Week Range3.87 - 6.23
Volume78,745
Avg. Volume133,295
Market Cap40.16B
Beta (5Y Monthly)0.73
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.29 (4.91%)
Ex-Dividend DateJul 23, 2020
1y Target EstN/A
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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    (Bloomberg) -- Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.Foxconn Technology Group will move the manufacturing of some Apple Inc. iPads and MacBooks to Vietnam from China, a person familiar with the matter said, as the company aims to mitigate the risk that a trade war with the U.S. could continue after U.S. President Donald Trump leaves the White House.The person asked not to be identified because the plans are still private. The company, whose formal name is Hon Hai Precision Industry Co., is building assembly lines for Apple’s tablet and notebook products at its plant in the northern Vietnamese province of Bac Giang, which will come online in the first half of 2021, Reuters reported earlier Thursday, citing an unidentified person familiar with the plan.Apple didn’t immediately respond to an email seeking comment. Foxconn said in a statement it doesn’t comment on its work for specific customers.Read more: Apple’s Shifting Supply Chain Creates Boomtowns in Rural VietnamDuring the Trump era, many manufacturers have been shifting production capacity from China to countries including Vietnam, Mexico and India to avoid being slapped with punitive tariffs and to hedge against geopolitical risks.Apple’s partners have ramped up iPhone production capacity in India, and companies that assemble AirPods have added some assembly lines in Vietnam.Foxconn announced $270 million of new investments earlier this week, which a person familiar with the company’s operations said was for Vietnam.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk
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    Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

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