Foxconn’s market value peaks on aggressive performance forecast by investment banks

Kung-Tien Huang, Taipei; Jessie Shen, DIGITIMES Asia Friday 13 January 2006 0

Recent evaluations by investment banks Goldman Sachs and JP Morgan have pushed Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) to a peak market value of NT$854 billion (US$26.7 billion), according to market sources.

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