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Posts Tagged ‘hon hai precision’

By Michael Gold TAIPEI (Reuters) – Taiwans Hon Hai Precision Industry Co Ltd reported a third consecutive quarterly profit gain Wednesday as the worlds largest contract maker of electronic goods continued to benefit from demand for products from No.1 client Apple Inc. Hon Hai, also known as Foxconn, earns as much as 50 percent of […]

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TAIPEI – Taiwan tech giant Hon Hai said Wednesday it has pulled out of a deal to buy 4G equipment from Huawei after the government warned that the Chinese company posed a national security threat. Taiwan raised those concerns in March after Hon Hai announced the $178 million deal, saying telecom equipment purchased from Huawei […]

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By Faith Hung and Joyce Lee TAIPEI (Reuters) – Hon Hai Precision, the worlds biggest electronics component maker, said on Monday it had bought a 4.9 percent stake in South Korean IT services firm SK CC for 381 billion won ($376.59 million). The move marks Hon Hais second merger in less than two months as […]

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