Hon Hai Precision Industry Co Ltd
Morgan Stanley hikes price targets for Asian stocks it says will benefit from greater iPhone demand
Increased shipments of Apple’s iPhones will be a key “volume driver” for the supply chain, according to Morgan Stanley. Consumers have been replacing their iPhones less often — an average of every five years from 3.7 years in 2021, according to the bank. But the situation is set to change, with Apple Intelligence predicted to […]
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The 4 Apple suppliers set to pop on iPhone 16 series launch: BofA
Tech giant Apple is expected to unveil its new iPhone later this year, and Bank of America has identified several stocks set to gain from the smartphone’s evolution. “Following stabilized smartphone demand, we turn positive on Apple supply chain, as we expect material design changes and AI function to drive a more sustainable upcycle in […]
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Indian officials pay a visit to Foxconn Iphone plant, concern executives about using the services of, Reuters reviews
Indian labor officers visited a Foxconn manufacturing facility in the country’s south this week and questioned executives about the firm’s hiring procedures, Reuters reported. Arun Sankar | Afp | Getty Illustrations or photos Indian labor officers visited a Foxconn factory in the country’s south this week and questioned executives about the firm’s employing tactics, an formal mentioned, […]
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Taiwan tops Asia’s greatest-executing stock markets so much in 2024 — Japan is No. 2
A screen displays inventory figures at the Taiwan Stock Trade Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024. Bloomberg | Bloomberg | Getty Photos Optimism in artificial intelligence drove up Taiwan’s stock current market in the first of the 2024, generating it the leading performing marketplace in Asia-Pacific so far this calendar year. […]
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Nvidia rally overnight lifts chip-related shares in Asia on AI optimism
A brand of Taiwan Semiconductor Production Business (TSMC) is seen in the course of the TSMC international RnD Centre opening ceremony in Hsinchu on July 28, 2023. (Image by Amber Wang / AFP) Amber Wang | Afp | Getty Photos Asia’s semiconductor and involved stocks rose on Wednesday following chipmaker Nvidia grew to become the […]
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Asia markets mainly set to prolong gains as Nasdaq hits document significant
In this image illustration the Nvidia emblem is displayed on a smartphone display screen and in the track record. Rafael Henrique | SOPA Images | Lightrocket | Getty Pictures Asia-Pacific marketplaces are set to increase gains from Monday as tech shares pushed the Nasdaq Composite to file highs. Nvidia shares gained far more than 2% […]
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Apple provider Foxconn posts 9% slide in 1st-quarter income, sees progress in advance
Pictured right here is a Foxconn factory in Zhengzhou metropolis on Sept. 4, 2021. Vcg | Visible China Team | Getty Visuals Apple Iphone company Foxconn on Friday posted a dip of 9.6% in profits for the first quarter of 2024, in comparison to the exact period previous year. The organization, which trades as Hon […]
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India would like to be a international chip powerhouse in 5 years
Workers assembles smartphones at Dixon Technologies factory in Uttar Pradesh, India, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Visuals India needs to be among the world’s top 5 semiconductor producers in the subsequent 5 years, explained Ashwini Vaishnaw, minister of electronics and information and facts technology, railways and communications. The chip sector […]
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Taiwan's power in semiconductors could be its ➬hilles heel,' economist states
Taiwan must system to diversify its financial system away from semiconductors, given the hazard that China may possibly develop the capacity to make its own chips, Paul Cavey, an economist at East Asia Econ, informed CNBC. “Politicians actually should be talking about extra on … diversifying the financial state away in terms of hoping to […]
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Shares of Apple suppliers tumble in Asia soon after Barclays downgrades the Apple iphone maker
CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new Iphone 15 Pro is displayed through an Apple occasion at the Steve Careers Theater at Apple Park on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Illustrations or photos News | Getty Illustrations or photos Shares of Apple suppliers fell in Asia on Wednesday just after […]
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