Company Profile For Hon Hai Precision Industry Co Ltd

Hon Hai Precision Industry Co Ltd (2317.TW) (Taiwan Stock Exchange)

sector: Technology · industry: Computer Hardware ·

As of 10:47am IST

136.50TWD

Price Change

-1.50

Percent Change

-1.09%

Analyst Recommendations

Overview

Hon Hai Precision Industry Company Ltd. is principally engaged in the production and sale of electronic products, which are applied in computer, communication and consumer electronics (3C) products. The Company provides its products under three categories: electronic parts and components, such as 3C connectors, cable assemblies and other components; modules, including mechanic modules (such as casings of 3C products) and electronic modules (such as 3C surface bonding products), and assembled electronic products. The Company's electronic connectors are classified as input/output (I/O) series and interconnection series. The Company's products are applied in mouses, monitors, keyboards, printers, graph plotters, computer networking systems and communication equipment.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Hon Hai Precision Industry Company Limited's revenues increased less than 1% to NT$812.10B. The Company's net income for the period increased 1% to NT$28.38B. Revenues reflect a slight increase in sales volume due to strong market demand and weak market competition. Net income for the period also benefited from a decrease in interest expense, as well as lower finance expense.