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Hon Hai Precision Industry ( (HNHPF) ) just unveiled an announcement.
Hon Hai Precision Industry’s subsidiary, HonYuan International Investments Co., Ltd., has acquired 1,200 common shares of Sharp Fukuyama Laser Co., Ltd. from Sharp Corporation, a related affiliate, for JPY 15.5 billion. This acquisition, aimed at business expansion, grants Hon Hai full ownership of Sharp Fukuyama Laser, potentially enhancing its market position and operational capabilities in the laser technology sector.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading player in the electronics manufacturing industry. The company is renowned for its production of consumer electronics, computer components, and communication devices, serving major global brands and focusing on expanding its technological capabilities and market reach.
YTD Price Performance: -24.23%
Average Trading Volume: 71,529
Technical Sentiment Signal: Hold
Current Market Cap: $58.38B
See more data about HNHPF stock on TipRanks’ Stock Analysis page.