An update from Hon Hai Precision Industry ( (HNHPF) ) is now available.
Hon Hai Precision Industry’s subsidiary, Hongfujin Precision Electronics, has acquired shares in Foxconn New Business Development Group Co., Ltd. for RMB 77,670,000. This transaction, approved by the board of directors, is aimed at long-term investment and reflects strategic internal consolidation within the Foxconn group, potentially strengthening its market position and operational synergy.
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 specializes in the production of electronic components and products, serving major technology firms worldwide. It is renowned for its large-scale manufacturing capabilities and is a significant contributor to the global supply chain.
YTD Price Performance: -9.87%
Average Trading Volume: 65,066
Technical Sentiment Signal: Sell
Current Market Cap: $69.39B
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