TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hon Hai Precision Industry ( (HNHPF) ) has issued an announcement.
Hon Hai Precision Industry Co., Ltd. announced the disposal of land use rights through its subsidiary, Hongfujin Precision Industry (Wuhan) Co., Ltd. The transaction involves two plots of land in the East Lake Development Zone, Wuhan, with a total transaction amount of approximately RMB 98.67 million. This strategic move aims to divest idle assets, potentially optimizing the company’s asset utilization and financial position.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading global electronics manufacturer. The company is renowned for its role in the production of consumer electronics, including smartphones, tablets, and computers, and it serves major technology brands worldwide. Hon Hai is a pivotal player in the electronics manufacturing industry, focusing on innovation and large-scale production capabilities.
Find detailed analytics on HNHPF stock on TipRanks’ Stock Analysis page.