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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

Share Price Information for Hon Hai Precsn (HHPD)

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16.90    0.26 (1.56%)
Bid:
16.86
Ask:
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Spread: 0.10 (0.593%)
Market Cap: $118.32b
HHPD Live PriceLast checked at - London Stock Exchange

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Explain media reporting

13 Feb 2020 07:00

RNS Number : 8837C
Hon Hai Precision Industry Co Ld
13 February 2020
 

Subject:Explain media reporting

Date of events:2020/02/12

Contents:

1.Date of occurrence of the event:2020/02/12

2.Company name:Hon Hai Precision Ind. Co. Ltd.

3.Relationship to the Company (please enter "head office" or "subsidiaries"):head office

4.Name of the reporting media: Reuters

5.Content of the report:

TAIPEI (Reuters) - Taiwan's Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on Wednesday, as the supplier to tech giant Apple and others reopens plants shut over a coronavirus outbreak.

The world's largest contract electronics maker also aims to resume 80% of production in China in March, added the source, who has direct knowledge of the matter, citing internal targets set by Chairman Liu Young-Way.

6.Countermeasures:

Reuters recently published a report with false information about Hon Hai's schedule on the resumption of production in China. We hereby officially clarify that the information in the report is incorrect. For the past few days, the media has been falsely reporting on Hon Hai's production in China which has caused misleading and serious implications for employees, investors and the general public. Therefore, we sincerely hope these unfounded rumors can be stopped. Hon Hai will resort to legal measures if necessary.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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