Foxconn founder keeps investors in dark about future growth
Add BT as a preferred source
Taipei
FOXCONN founder Terry Gou has a vision of how to rewire the Taiwan firm that builds iPhones to cut dependence on Apple Inc, the client around which he built a US$46 billion tech empire. Just don't expect him to tell anyone exactly what it is.
With the latest version of Apple's smash hit smartphone having catapulted first-quarter profit 55 per cent higher, investors have sent shares in Hon Hai Precision Industry Co Ltd - Foxconn's flagship - rising towards the historic highs hit eight years ago that give it its lofty market value.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
