134 news items tagged FIH
Foxconn subsidiaries push into 5G businessesThursday 12 December 2019
Now that Young Liu has taken the helm, the Foxconn Technology Group (Hon Hai Precision Industry) has begun a series of transformations targeting the business opportunity from 5G,...
Taiwan handsets – 3Q 2019Wednesday 11 December 2019
Taiwan makers shipped 14.21 million handsets in third-quarter 2019, up 3% sequentially but down 34.8% on year.
FIH to see sales driven by shipments for Google Pixel 4Thursday 17 October 2019
FIH Mobile, a Hong Kong-listed handset arm of Foxconn Technology Group (Hon Hai Precision Industry), is expected to see its fourth-quarter revenues driven by shipments for the new...
Taiwan handsets – 2Q 2019Friday 30 August 2019
Taiwan's handset shipments arrived at 13.8 million units in the second quarter of 2019, a level similar to that of the previous quarter, but slipping 33.2% on year.
Foxconn enters post-Gou era with challenges for new management teamMonday 1 July 2019
Foxconn Technology Group has entered a new era after its new chairman Young Liu, who replaced Terry Gou, and a newly-formed nine-member operation committee officially took office...
Taiwan handsets – 1Q 2019Friday 21 June 2019
Taiwan's handset shipments slipped 39.5% sequentially in the first quarter of 2019, while compared to the same quarter a year ago, the volume dropped 23.5%.
FIH issues profit warning for 2018Monday 4 March 2019
FIH Mobile, a Hong Kong-listed handset arm of Foxconn Electronics, has issued a profit warning, indicating that it is likely to incur a net loss of US$870 million for 2018, according...
Taiwan handsets – 4Q 2018Tuesday 26 February 2019
Taiwan's handset shipments rose 3.3% sequentially, but slid 8.6% on year to arrive at 22.53 million units in the fourth quarter of 2018.
Global smartphone shipment forecast, 2019 and beyondMonday 22 October 2018
Digitimes Research estimates global smartphone shipments will not be able to break through the 1.5 billion unit mark by 2019 as 5G communication has yet to spur a wave of upgrades...
Taiwan handsets - 2Q 2018Friday 24 August 2018
Taiwan handset shipments increased 16.1% sequentially and 0.3% on year to arrive at 20.66 million units in the second quarter.
Taiwan handsets – 4Q 2017Tuesday 27 February 2018
Taiwan's handset shipments grew significantly in 2017 because of strong orders from HMD Global for Nokia-branded devices. HMD's manufacturing partner, Foxconn, benefited most.
FIH Mobile to swing to losses in 2017Wednesday 21 February 2018
FIH Mobile, a handset unit of the Foxconn Group, has said that it expects to swing to a net loss of up to US$525 million in 2017 due largely to losses arising from the impairment...
Taiwan handsets – 3Q 2017Tuesday 5 December 2017
Shipments of Nokia-branded devices to HMD Global continued to buoy Taiwan's handset shipments in the third quarter of 2017. HMD's manufacturing partner, Foxconn, benefited most.
FIH Mobile warns losses to expand in 1H17Tuesday 23 May 2017
FIH Mobile has issued a warning on its profitability, saying its net losses for the first half of 2017 are expected to more than double to US$240 million compared to US$110 million...
Qualcomm files breach of contract complaint against Apple manufacturers for non-payment of royaltiesWednesday 17 May 2017
Qualcomm has filed a complaint in the US District Court for the Southern District of California against FIH Mobile and Hon Hai Precision Industry (together known as Foxconn), Pegatron,...
FIH issues profit warning for 1H17Wednesday 5 April 2017
FIH Mobile, a handset arm of the Foxconn Group, has issued a profit warning for the first half of 2017, anticipating that it is likely to incur a net loss of about US$110 million...
FIH Mobile reports decreased earnings for 2016Monday 13 March 2017
FIH Mobile, the handset arm of the Foxconn Group, has reported net profits of US$136 million for 2016, declining 40.4% from a year earlier.
FIH Mobile appoints acting chairmanTuesday 3 January 2017
Vincent Tong, chairman and executive director of FIH Mobile, a handset arm of the Foxconn Group, has resigned from the positions of chairman and director he held in the handset company...
FIH Mobile warns net profits to fall 52% in 2016Tuesday 4 October 2016
FIH Mobile has warned that its net profits for 2016 will be lower than US$110 million, decreasing 52% from the US$229 million recorded a year earlier.
India market: FIH Mobile to commence operations at new handset plantTuesday 16 August 2016
FIH Mobile's new handset plant in Maharashtra, India will kick off production in the second half of 2016, one year after commencing operations of its plant in Andhra Pradesh.
FIH Mobile building handset production lines in Guizhou for HuaweiMonday 23 May 2016
FIH Mobile, an OEM handset arm of the Foxconn Group, is building new production lines in Guizhou, China in order to produce handsets for Huawei, according to Japan-based Nikkei...
Microsoft to sell feature phone businessWednesday 18 May 2016
Microsoft has announced it has reached an agreement to sell its entry-level feature phone assets to FIH Mobile, a subsidiary of the Foxconn Group, and HMD Global, Oy for US$350 mil...
FIH Mobile suffers net losses for 1Q16Wednesday 18 May 2016
Hong Kong-listed handset ODM FIH Mobile, a member of the Foxconn Group, has announced revenues of US$1.083 billion for the first quarter of 2016, dropping 46.22% on year.
FIH Mobile issues earnings warning on weak demandFriday 6 May 2016
FIH Mobile, an OEM handset unit of the Foxconn Group, has issued an earnings warning, expecting its net profits for the first half of 2016 to reach only US$10-20 million, a decline...
FIH Mobile nets US$229 million in earnings for 2015Thursday 17 March 2016
Handset ODM FIH Mobile, a member of the Foxconn Group, has reported 2015 revenues of US$7.451 billion, up 9.09% on year, as net profits surged 35.06% to US$229 million.