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FIH Mobile ( (HK:2038) ) has issued an update.
FIH Mobile has announced the extension of its Continuing Connected Transactions with Hon Hai Technology Group by entering into Supplemental Agreements, extending the current term of the Existing Agreements for an additional year until December 31, 2026. The company has set new annual caps for these transactions, which are subject to shareholder approval at an Extraordinary General Meeting (EGM). The move aims to maintain and strengthen the operational synergy between FIH Mobile and Hon Hai, potentially impacting their market positioning and stakeholder interests.
The most recent analyst rating on (HK:2038) stock is a Hold with a HK$19.50 price target. To see the full list of analyst forecasts on FIH Mobile stock, see the HK:2038 Stock Forecast page.
More about FIH Mobile
FIH Mobile is a vertically integrated manufacturing and customer-centric services provider, offering comprehensive solutions across the entire product lifecycle. The company specializes in OEM and ODM capabilities, focusing on handsets, wireless communication devices, and consumer electronics. It is expanding into automotive electronics, robotics, AI, and next-generation communication technologies. FIH Mobile is part of the Hon Hai Technology Group, a leading global manufacturing service provider in the 3C industries.
Average Trading Volume: 1,259,779
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.19B
For a thorough assessment of 2038 stock, go to TipRanks’ Stock Analysis page.