Hints and tips:
...Underlining the immediacy of this risk is this week’s report of steep commercial property related earnings declines at a US, a Japanese and a Swiss bank....
...The share price of Hon Hai Precision, the group’s Taiwan-listed flagship, has dropped 10 per cent since the start of the year amid fears that weeks of factory closures could cripple the global technology...
...Additional reporting by Song Jung-a in Seoul, Sue-Lin Wong in Shenzhen and Hudson Lockett in Hong Kong...
...Few companies epitomise the era of globalisation better than Hon Hai, the world’s largest contract electronics manufacturer....
...Adam Lin, chief executive of Largan, told investors during the company’s results call last month that October demand was weaker than the previous month, and November would be markedly worse....
...“Revenue in this month [January] will be [at] a similar level to last month, and revenue next month will decline,” Adam Lin, Largan’s chief executive, told investors....
...The famous Sichuan hotpot chain Hai Dai Lao, which has more than 300 branches worldwide, is reportedly going to open a branch in the West End....
...Catcher’s largest competitors are key iPhone assemblers Hon Hai Precision Industry, better known as Foxconn Technology Group, and Pegatron....
...But Bough Lin, SPIL’s chairman, has resisted ASE’s overtures through gambits including an abortive attempt at a share swap with Taiwanese manufacturer Hon Hai Precision....
...Smartphone maker HTC was the worst performer after naming Chang Chia-lin, former Goldman Sachs partner, as its new chief financial officer and spokesman....
...Chia-Lin Lu of Macquarie Group, says in a note today that Foxconn (Hon Hai) Group “surprised the market with the announcement of the second salary raise within a week”....
...The warning comes as Hon Hai Precision Industry, its Taiwan-based parent, struggles to deal with one of China’s highest-profile labour disputes....
International Edition