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MarketScreener Homepage  >  Equities  >  Taiwan Stock Exchange  >  Hon Hai Precision Industry Co., Ltd.    2317   TW0002317005

HON HAI PRECISION INDUSTRY CO., LTD.

(2317)
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MacBook, iPad production delayed as supply crunch hits Apple - Nikkei

04/08/2021 | 05:52am EDT
Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna

(Reuters) - Production of some of Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday.

Chip shortages have caused delays in a key step in MacBook production, the report said, adding that some iPad assembly was postponed because of a shortage of displays and display components. (https://s.nikkei.com/3uAZhI7)

As a result of the delay, Apple has pushed back a portion of component orders for the two devices from the first half of this year to the second half, the report said, citing sources briefed on the matter.

Apple did not immediately respond to a Reuters request for comment.

According to the report, Apple's production plans for iPhones have not been affected by the supply shortage, however, the supply of some components for the devices is "quite tight".

The shortage of components remains a supply chain issue for Apple, but has not yet impacted any product availability for consumers, Nikkei added.

Apple's major supplier Foxconn has also warned of the chip shortage affecting supply chains to clients, with businesses and consumers across the globe facing the brunt of an unprecedented shortage in semiconductor microchips.

(Reporting by Akriti Sharma in Bengaluru; Editing by Shounak Dasgupta and Amy Caren Daniel)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. -1.32% 131.24 Delayed Quote.-1.09%
HON HAI PRECISION INDUSTRY CO., LTD. 0.42% 120.5 End-of-day quote.30.98%
NIKKEI 225 0.72% 29751.61 Real-time Quote.8.47%
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More news
Financials
Sales 2021 5 876 B 206 B 206 B
Net income 2021 135 B 4 738 M 4 738 M
Net cash 2021 327 B 11 469 M 11 469 M
P/E ratio 2021 12,4x
Yield 2021 4,09%
Capitalization 1 670 B 58 673 M 58 675 M
EV / Sales 2021 0,23x
EV / Sales 2022 0,21x
Nbr of Employees -
Free-Float 87,4%
Chart HON HAI PRECISION INDUSTRY CO., LTD.
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Hon Hai Precision Industry Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends HON HAI PRECISION INDUSTRY CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 138,05 TWD
Last Close Price 120,50 TWD
Spread / Highest target 45,2%
Spread / Average Target 14,6%
Spread / Lowest Target -24,5%
EPS Revisions
Managers and Directors
NameTitle
Yang-wei Liu Chairman & Chief Executive Officer
Te Tsai Huang Head-Finance & Deputy Spokesman
Kuo Cheng Wang Independent Director
Kuo Chuan Kung Independent Director
Ta wei Kuo Independent Director
Sector and Competitors