Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

FOXCONN TECHNOLOGY CO LTD (2354)
My previous session
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

Foxconn Technology : Wisconsin Gov. Walker, Foxconn leader sign plant contract

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 11:14pm CEST

RACINE, Wis.Wisconsin Gov. Scott Walker and Foxconn Technology Group Chairman Terry Gou have signed off on a $3 billion contract for the Taiwanese company to build a massive display-screen factory in southeast Wisconsin.

Walker and Gou signed a contract Friday that locks the state into providing up to $3 billion in tax incentives if Foxconn invests $10 billion on a new display-screen manufacturing factory and campus near Racine. The company would also have to hire 13,000 workers to get the full benefit.

It is the largest state tax incentive package offered to a foreign company in U.S. history.

Gou says he will pay Wisconsin up to $500 million if Foxconn does not fulfil its side of the contract.

The contract signing comes after the state Legislature approved general terms of the deal. Wisconsin beat out several other states for the plant.

© 2017 The Canadian Press. All rights reserved., source Canadian Press DataFile

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FOXCONN TECHNOLOGY CO LTD
10/15FOXCONN TECHNOLOGY : subsidiary fined because of flooding at construction site
AQ
10/15FOXCONN TECHNOLOGY : Taiwan IT sales grow again, but clouds hang over bellwether
AQ
10/09French startup Devialet hopes to score big with smaller speakers
RE
09/28FOXCONN TECHNOLOGY : Milwaukee alderman raises concerns on Foxconn at transporta..
AQ
09/26Apple to move production of the iPhone XR to Foxconn
AQ
09/14FOXCONN TECHNOLOGY : Menomonie company contracted for Foxconn construction
AQ
09/08FOXCONN TECHNOLOGY : IT Minister Nara Lokesh says 18,000 jobs generated in elect..
AQ
08/27FOXCONN TECHNOLOGY : giving $100 million to UW-Madison for partnership
AQ
08/27THE LATEST : Foxconn, UW-Madison sign $100 million agreement
AQ
08/17FOXCONN TECHNOLOGY : Pursues Chip Ambitions With Plans for China Plant -- 2nd Up..
DJ
More news
News from SeekingAlpha
10/03Big Day For Fedspeak (Wall Street Breakfast Podcast) 
10/03WALL STREET BREAKFAST : Big Day For Fedspeak 
07/06Netgear's Arlo unit files for IPO; shares +3% 
06/29Trudeau Marks Canada's Birthday With New U.S. Tariffs (Wall Street Breakfast .. 
06/29WALL STREET BREAKFAST : Ottawa Plots U.S. Trade Retaliation 
Financials (TWD)
Sales 2018 161 B
EBIT 2018 10 756 M
Net income 2018 9 732 M
Finance 2018 49 657 M
Yield 2018 5,21%
P/E ratio 2018 9,33
P/E ratio 2019 8,98
EV / Sales 2018 0,26x
EV / Sales 2019 0,26x
Capitalization 92 029 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 79,8  TWD
Spread / Average Target 22%
EPS Revisions
Managers
NameTitle
Han Ming Li General Manager
Chih Chien Hung Chairman
Tzu Hung Li Head-Finance
Hsueh Kun Li Director
Fang I Cheng Director
Sector and Competitors
1st jan.Capitalization (M$)
FOXCONN TECHNOLOGY CO LTD2 982
HEDY HOLDING CO., LTD.--.--%15 745
QUANTA COMPUTER INC.--.--%6 059
ADVANTECH CO., LTD.--.--%4 495
INVENTEC CORPORATION--.--%2 799
COMPAL ELECTRONICS, INC.--.--%2 483