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2317 On Other Exchanges
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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., together with its subsidiaries, engages in the manufacture, sale, and service of connectors, cases, thermal modules, 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, connectors, and components; and manufacture of automobile wires/electronic devices, electronic components, power supply modules, application modules, network cables assemblies, cellular phones and camera lens, sensors, and cameras, as well as provides planning, advisory, and business management services. In addition, the company engages 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 based in New Taipei City, Taiwan.

Founded in 1974

hon hai precision industry (2317) Top Compensated Officers

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hon hai precision industry (2317) Key Developments

Foxconn Reportedly Offers ¥625 Billion For Sharp

Hon Hai Precision Industry Co., Ltd. (TSEC:2317) (Foxconn) intends to acquire Sharp Corporation (TSE:6753) for ¥625 billion. According to Wall Street Journal, this offer is shy of $5.9 billion rumored by Japanese media last week. The Journal reported that Foxconn is offering more money for Sharp and a willingness to shoulder all of its debt, people familiar with the offer said. Those conditions are meant to persuade Sharp's creditors to make a decision based on the economics of the deal, rather than political considerations, one person familiar with the matter said. Foxconn has no plans to replace Sharp's top management, people familiar with the offer said. According to sources, Sharp and its lenders hope to reach a decision by February 4, 2016.

Hon Hai Precision Reportedly To Invest In Sharp

Hon Hai Precision Industry Co., Ltd. (TSEC:2317) is set to offer to invest about ¥700 billion in Sharp Corporation (TSE:6753), the Yomiuri daily reported, upping its proposal and sending shares in the troubled Japanese display maker soaring. Hon Hai, also known as Foxconn, could make the offer, its final proposal, as early as Friday, the Japanese newspaper said on Friday. It had previously proposed a maximum ¥500 billion investment, the Yomiuri said.

Samsung Reportedly Assesses Sakai Display Products To Buy

Samsung Electronics Co. Ltd. (KOSE:A005930) is doing an assessment of Sakai Display Products Corporation, according to a source close to the matter. Samsung plans to purchase Sakai Display shares if Hon Hai Precision Industry Co., Ltd. exits the partnership.

 

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2317:TT 76.60 TWD -1.80

2317 Competitors

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Company Last Change
Flextronics International Ltd $10.03 USD +0.09
Intel Corp $28.23 USD -0.58
Lenovo Group Ltd $6.81 HKD -0.01
Sharp Corp/Japan ¥155.00 JPY -10.00
SK Hynix Inc 28,100 KRW 0.00
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Industry Analysis

2317

Industry Average

Valuation 2317 Industry Range
Price/Earnings 7.9x
Price/Sales 0.3x
Price/Book 1.3x
Price/Cash Flow 7.9x
TEV/Sales 0.0x
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