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Last 94.80 TWD
Change Today +0.20 / 0.21%
Volume 11.6M
2317 On Other Exchanges
Symbol
Exchange
Taiwan
London
OTC US
OTC US
OTC US
Frankfurt
As of 9:47 PM 04/26/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

No. 66, Zhongshan Road

Tucheng Industrial Zone

Tucheng District

New Taipei,

Taiwan

Phone: 886 2 2268 3466

Fax:

Hon Hai Precision Industry Co., Ltd. provides mechanical solutions. The Company manufactures connectors for use in PCs in Taiwan, and also manufactures connectors and cable assemblies worldwide. The Company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries — computers, automobile, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems. Markets and Facilities The Company primarilt serves in Taiwan. In addition it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland, and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display-keys are regular keyswitches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it has agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region. History Hon Hai Precision Industry Co., Ltd. was founded in 1974.

 

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Industry Analysis

2317

Industry Average

Valuation 2317 Industry Range
Price/Earnings 11.1x
Price/Sales 0.3x
Price/Book 1.5x
Price/Cash Flow 11.0x
TEV/Sales 0.1x
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