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Hon Hai Precision Industry ( (HNHPF) ) has provided an update.
Hon Hai Precision Industry has increased its guarantee amount by USD 5 billion for several subsidiaries, including CLOUD NETWORK TECHNOLOGY, INGRASYS TECHNOLOGY, and various others. These financial endorsements are intended to provide credit limit guarantees for the purchase of products from suppliers, reflecting the company’s strategic financial support to its subsidiaries to ensure smooth operations and strengthen supply chain management.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading multinational electronics contract manufacturer. The company is renowned for its production of computers, communication, and consumer electronics products, with a significant market presence in technology manufacturing sectors globally.
YTD Price Performance: -5.05%
Average Trading Volume: 59,101
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $73.33B
Find detailed analytics on HNHPF stock on TipRanks’ Stock Analysis page.
