Electronic Equipment and Instruments

Hon Hai Precision Industry Co., Ltd.

Hon Hai Precision Industry Co., Ltd. released FY2026 Q1 earnings on May 15 Pre-Market (EST), actual revenue USD 66.17 B (forecast USD 67.34 B), actual EPS USD 0.2197

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Hon Hai Precision Industry Co., Ltd. to Release FY2026 Q1 Earnings on May 13 Pre-Market EST, Forecast Revenue USD 68.7 B

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Hon Hai Precision Industry reported a 19% increase in first-quarter profit, reaching NT$49.9 billion, driven by strong demand for AI servers. The company anticipates substantial sales growth this year, with the US becoming its largest AI server production hub. Despite margin pressures, the AI server cycle is expected to help offset rising costs. First-quarter sales rose by 30%, totaling NT$2.1 trillion, supported by AI demand in cloud services. Investors are considering the impact of AI momentum, potential iPhone 17 sales, and supply-chain risks from the Middle East crisis.

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Hon Hai Profit Jumps 19% As AI Server Demand Accelerates

Hon Hai Precision Industry's subsidiary, Hon Chi International Investments, has sold its entire stake of 21 million shares in Linker Vision for NT$672 million, at NT$32 per share. The sale, approved on May 14, 2026, resulted in a profit of NT$687.2 million and has minimal impact on Hon Hai's balance sheet. Following the transaction, Hon Chi holds no shares in Linker Vision, and the buyers are unrelated parties. This move is seen as a routine portfolio adjustment rather than a change in Hon Hai's core business strategy.

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Hon Hai Subsidiary Exits Linker Vision Stake in NT$672 Million Share Sale

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Hon Hai Precision Industry Co, also known as Foxconn, confirmed a cyberattack on its North American facilities, particularly affecting its Wisconsin plant. The company reported that production is gradually returning to normal after implementing operational measures. The Nitrogen ransomware group claimed responsibility, alleging they stole 8 terabytes of data, including sensitive information related to major clients like Apple and Intel. While Hon Hai acknowledged the attack, it did not disclose specific details about the breach or the compromised data.

- Hon Hai Precision Industry Co confirmed a cyberattack on its North American facilities, with affected factories gradually returning to normal production.  
- The Nitrogen ransomware group claimed responsibility, alleging a breach of Hon Hai's network, with 8 terabytes of data stolen, potentially affecting major clients like Apple and Intel.  
- Despite acknowledging the attack and temporary production disruptions, Hon Hai did not disclose details on the scope of the breach or compromised data.

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Hon Hai confirms cyberattack on N American plants

Foxconn's North America facilities, including its Wisconsin plant, were targeted by a cyberattack, causing significant IT disruptions and halting production. The Nitrogen Ransomware group claimed to have stolen up to 8TB of internal data. Foxconn activated its emergency response and implemented contingency measures, allowing production to resume. However, details on the incident's cause and potential data leakage remain undisclosed.

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Foxconn's North America Facilities Hit by Cyberattack, Production Now Resumed

Hon Hai Precision Industry Co., Ltd.(HNHPF.US)

Hon Hai Profit Jumps 19% As AI Server Demand Accelerates

Hon Hai Subsidiary Exits Linker Vision Stake in NT$672 Million Share Sale

Hon Hai confirms cyberattack on N American plants

Foxconn's North America Facilities Hit by Cyberattack, Production Now Resumed