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hon hai precision industry (2317) Snapshot

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hon hai precision industry (2317) Details

Hon Hai Precision Industry Co., Ltd. is engaged in the manufacture, sale, and service of connectors, case, thermal module, wired/wireless communication products, optical products, power supply modules, and assemblies in Taiwan and internationally. It is also involved in the research and development, manufacture, and sale of computer cases and computer components; and manufacture of automobile wires/electronic devices, electronic components, application modules, network cables assemblies, cellular phones and camera lens, sensors, and cameras, as well as provision of planning, advisory, and business management services. In addition, the company is engaged in the development, manufacture, and sale of computer systems, machinery, and equipment; provision of software and electronic information application, logistics, export processing, and construction services; packaging of sensors; and retail of office machinery and equipment, electronic appliances, and information/software services. Hon Hai Precision Industry Co., Ltd. offers its products for use in the information technology, communications, automotive equipment, precision molding, automobile, and consumer electronics industries. The company was founded in 1974 and is headquartered in New Taipei, Taiwan.

Founded in 1974

hon hai precision industry (2317) Top Compensated Officers

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hon hai precision industry (2317) Key Developments

Apple, Hon Hai Plans to Launch iphone Old-For-New Service in Mainland China

Apple plans to join hands with Hon Hai to launch iPhone old-for-new activities in mainland China, which indicates the partnership between the two are deepening. Consumers will be able to purchase new iPhones with old ones in franchised store across China starting March 31. Chinese market is a key link of Apple's growth plan; hot sales of big-screen iPhones fueled profits to hike to USD 18 billion in the last three months last year. Staff of mainland stores will evaluate old iPhones first, and Hon Hai will directly purchase the old iPhones sold in the Greater China. The old iPhones will be repaired first if needed and then will be sold to other users through online stores like efeihu, flnet and taobao. Hon Hai is in talks on sales of old iPhones via brick-and-mortar stores, and the old-for-new activity would be brought online in the future.

Honhai Precision Industry, Tencent Holdings and China Harmony Auto Team Up to Produce Electric Vehicles in China

Honhai Precision Industry and Tencent Holdings have announced a partnership to develop connected electric vehicles (EVs). The partnership has been signed between three parties, Tencent, Honhai, and China Harmony Auto.

Hon Hai Precision Industry Co., Ltd. Announces Unaudited Revenue Results for the Month and Year to Date Ended February 28, 2015

Hon Hai Precision Industry Co., Ltd. announced unaudited revenue results for the month and year to date ended February 28, 2015. For the month, the company reported sales of TWD 280,021,542,000 compared to TWD 260,625,536,000 a year ago. For year to date, the company reported sales of TWD 676,027,018,000 compared to TWD 575,176,815,000 a year ago.


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Valuation 2317 Industry Range
Price/Earnings 11.6x
Price/Sales 0.3x
Price/Book 1.6x
Price/Cash Flow 11.6x
TEV/Sales 0.1x

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