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MarketScreener Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Foxconn Technology Co Ltd    2354   TW0002354008

FOXCONN TECHNOLOGY CO LTD

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Foxconn Technology : chief Gou says to seek Taiwan leadership

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04/18/2019 | 02:46am EDT

| 00:00 UTC+8 April 18, 2019 | Print Edition

Terry Gou, chairman of Apple supplier Foxconn, said yesterday he will contest Taiwan's 2020 leadership election.

Gou, Taiwan's richest person with a net worth of US$7.6 billion according to Forbes, said he would join the already competitive race and take part in the opposition Kuomintang primaries.

Foxconn said on Tuesday Gou would remain chairman, though he planned to withdraw from daily operations. Foxconn assembles Apple iPhones as well as parts and accessories for other international brands.

Gou's decision capped a flurry of news this week that began when he said on Monday he planned to step down from the world's largest contract manufacturer to pave the way for younger talent to move up the company's ranks.

He later announced he was considering running for Taiwan leader and hinted he was close to a decision, and then told more than 100 people packed into a temple he would follow the instruction of sea goddess Mazu who had told him to take part in the race.

(c) 2019 Shanghai Daily Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (TWD)
Sales 2019 140 B
EBIT 2019 9 171 M
Net income 2019 8 785 M
Finance 2019 51 522 M
Yield 2019 4,10%
P/E ratio 2019 10,81
P/E ratio 2020 10,75
EV / Sales 2019 0,36x
EV / Sales 2020 0,34x
Capitalization 102 B
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 8
Average target price 68,4  TWD
Spread / Average Target -5,0%
EPS Revisions
Managers
NameTitle
Han Ming Li General Manager
Chih Chien Hung Chairman
Tzu Hung Li Head-Finance
Hsueh Kun Li Director
Fang I Cheng Director
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FOXCONN TECHNOLOGY CO LTD3 303
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