Hon Hai posts record Q1 sales, slower Q2 expected

Taiwan’s Hon Hai Precision continued to benefit from the huge popularity of the iPhone 6 and 6 Plus, posting a 15 per cent increase in sales in Q1 – its highest ever for the January-March period. The company, also known …

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Foxconn’s FIH Mobile plans handset production in India

Foxconn’s FIH Mobile unit reportedly will start manufacturing handsets in India for local maker Micromax as well as China’s Xiaomi. FIH closed its Chennai plant last year due to falling orders from Nokia and later from Microsoft Mobile. FIH has …

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Hon Hai unit’s 2014 profit doubles

Taiwan’s FIH Mobile (formerly Foxconn International Holdings), a subsidiary of Hon Hai Precision, reported its net profit last year jumped 118 per cent to $169 million (TWD5.3 billion) on strong demand for smartphones from Apple and Chinese vendors. The Hong …

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Hon Hai unit’s 2014 profit doubles

Taiwan’s FIH Mobile (formerly Foxconn International Holdings), a subsidiary of Hon Hai Precision, reported its net profit last year jumped 118 per cent to $169 million (TWD5.3 billion) on strong demand for smartphones from Apple and Chinese vendors. The Hong …

The post Hon Hai unit’s 2014 profit doubles appeared first on Mobile World Live.

Foxconn unit to get boost from Xiaomi’s Mi Note

Taiwan’s Foxconn is positioned to benefit significantly from Xiaomi’s launch of its high-spec Mi Note as the contract manufacturer’s subsidiary is likely to assemble half the shipments of the premium ‘phablet’. Morgan Stanley analyst Jasmine Lu forecasts that mass production …

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