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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 : UW-Madison says Foxconn slow in fulfilling $100M pledge

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09/10/2019 | 05:54pm EST

MADISON, Wis.The University of Wisconsin says it has received just $700,000 of the $100 million that Foxconn Technology Group pledged to fund engineering and innovation research on the school's flagship campus.

A Wisconsin State Journal report Tuesday says progress has been slow since the world's leading electronics manufacturer made the promise in August 2018.

UW-Madison spokesman John Lucas says there has been "no significant progress in discussions." The investment has been touted as "the largest research partnership in the university's history."

Foxconn declined to comment.

The university and company have partnered on projects with some success, including an internship program and the "Smart Cities-Smart Futures" manufacturing competition.

Lucas says the $700,000 was used for a sponsored engineering research project.

Foxconn plans to build a high-tech screen manufacturing plant in southeastern Wisconsin.

___

Information from: Wisconsin State Journal, http://www.madison.com/wsj

© 2019 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (TWD)
Sales 2019 123 B
EBIT 2019 7 731 M
Net income 2019 8 649 M
Finance 2019 60 672 M
Yield 2019 4,68%
P/E ratio 2019 10,9x
P/E ratio 2020 10,5x
EV / Sales2019 0,27x
EV / Sales2020 0,24x
Capitalization 94 346 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 65,17  TWD
Last Close Price 67,50  TWD
Spread / Highest target 17,0%
Spread / Average Target -3,46%
Spread / Lowest Target -23,0%
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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