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  >  Wistron Corporation    3231   TW0003231007

WISTRON CORPORATION (3231)
My previous session
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Apple launches $300 million green energy fund in China

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/13/2018 | 03:15am CEST
FILE PHOTO: The Apple logo is seen on a computer screen in the illustration photo taken in Bordeaux

SHANGHAI (Reuters) - Apple Inc will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.

China's government has made cutting pollution a key priority, putting pressure on local and international firms to help reduce high levels of smog in its major cities and clean up the country's waterways and polluted soil.

The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period, also comes as the United States and China lock horns over trade.

Apple's chief executive Tim Cook earlier this year called for calm heads in Washington and Beijing as the world's two largest economies have veered towards a trade war and exchanged tit-for-tat tariffs on billions of dollars of goods.

The U.S. firm makes most of its products in China, which are shipped around the world, including to the United States. China is also one of Apple's most important end markets, although it has faced a rising challenge from local smartphone rivals.

Apple has been making a broader push in renewable power. Earlier this year it said that its global facilities were now fully powered by clean energy.

(Reporting by Adam Jourdan; editing by Richard Pullin)

Stocks mentioned in the article
ChangeLast1st jan.
APPLE -1.08% 217.66 Delayed Quote.30.02%
PEGATRON CORPORATION --End-of-day quote.
WISTRON CORPORATION --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WISTRON CORPORATION
09/20WISTRON : Patent Issued for Touch Apparatus And Correction Method (USPTO 10,073,..
AQ
09/20WISTRON : Patent Issued for Failover System And Method Of Deciding Master-Slave ..
AQ
09/20WISTRON : Patent Issued for Method And Device For Preventing Inadvertently Touch..
AQ
09/20WISTRON : Patent Issued for Voltage Regulator Circuit And Control Method Therefo..
AQ
09/20WISTRON : Patent Issued for Electronic Device Chassis And Electronic Device (USP..
AQ
09/13WISTRON : Patent Issued for Checking Method For Electronic Device And Computer P..
AQ
09/11TRADE WAR : Taiwan firms Pegatron, Quanta, Wistron, others may shift production ..
AQ
09/06WISTRON : Patent Issued for Bracket And Equipment Rack (USPTO 10,064,306)
AQ
09/06WISTRON : Researchers Submit Patent Application, "Board Card Module", for Approv..
AQ
09/06WISTRON : Patent Issued for Supporting Device (USPTO 10,060,574)
AQ
More news
News from SeekingAlpha
2017Apple could release lower cost iPhone SE 2 in 1H18 
2017Apple suppliers' shares fall across Asia 
2017WALL STREET BREAKFAST : Central Bank Fun Day 
2017Qualcomm advances lawsuit against Apple manufacturers 
2017WALL STREET BREAKFAST : Eyes On Trump's First Budget 
Financials (TWD)
Sales 2018 912 B
EBIT 2018 10 085 M
Net income 2018 5 233 M
Debt 2018 29 045 M
Yield 2018 6,14%
P/E ratio 2018 10,43
P/E ratio 2019 8,65
EV / Sales 2018 0,09x
EV / Sales 2019 0,09x
Capitalization 56 489 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 24,7  TWD
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Po Tuan Huang General Manager & Director
Hsien Ming Lin Chairman & Chief Scientific Officer
Chin Tsai Lin Chief Financial Officer, Deputy GM & Spokesman
Chen Jung Shih Director
Hong Po Hsieh Director
Sector and Competitors
1st jan.Capitalization (M$)
WISTRON CORPORATION1 844
HP INC22.28%40 652
HEWLETT PACKARD ENTERPRISE18.52%24 827
SEAGATE TECHNOLOGY PLC17.16%14 113
LENOVO GROUP LIMITED21.44%8 040
LOGITECH INTERNATIONAL33.74%7 980