FIH [02038] is currently quoted at 0.89 Hong Kong dollars, with an increase of 11.25%.
As of 14:02, FIH [02038] reported 0.89 HKD, up from yesterday's closing price of 0.80 HKD, an increase of 0.09 HKD or 11.25%. The trading volume was 3.0253 million HKD, with a high of 0.89 HKD and a low of 0.80 HKD today. Based on yesterday's closing price, the 10-day average price is 0.81 HKD, the 50-day average price is 0.88 HKD, and the current PE is -6.72 times, with a 14-day relative strength index of 35.71.
Is the Global Smart Phone market recovering, signaling the arrival of 'spring' for domestic Consumer Electronics stocks?
① What is the sales data trend for the Global Smart Phone market in the fourth quarter of 2024? ② In the domestic Smart Phone market, what impact has the trade-in strategy had on sales?
Micron Technology Climbing 1% in Chip-Stock Rally
Foxconn Leads Global Server Market in 2024 on AI Server Surge, Omdia Says
Hong Kong stocks fluctuated | Apple Supplier stocks fell widely today, Sunny Optical (02382) dropped over 5%, and Apple announced a maximum price reduction of 800 yuan.
Apple Suppliers stocks fell broadly today. As of the time of writing, Sunny Optical (02382) dropped by 5.37% to HKD 65.15; BYD Electronics (00285) fell by 5.11% to HKD 39.9; FIH (02038) decreased by 4.35% to HKD 0.88.
[Brokerage Focus] Goldman Sachs: China's smart phone market welcomes the innovation wave of foldable phones, new forms and component upgrades become growth drivers.
Goldman Sachs' latest research report titled "China's Smart Phones: Surge in Foldable Phone Patents, New Forms and Component Upgrades Lead Growth" points out that the institution has reviewed the patents for foldable phones and the pipeline for new models, holding an optimistic view on the future market penetration of foldable phones. The report emphasizes a significant increase in the number of patents submitted in 2024, reflecting the following trends: 1) The development of new forms, shifting from clamshell and horizontal foldable phones to three-fold and four-fold phones, which is expected to enhance the value of the supply chain; 2) Component upgrades: more durable panels and newly designed hinges, especially for three-fold phones.
Foxconn's parent company, fujifilm holdings corporation unsponsored adr, announced its entry into the OpenUSD alliance.
Jinwu Financial News | Foxconn's parent company Hon Hai announced its membership in the OpenUSD Alliance, supporting the construction of a 3D ecosystem to promote cooperation among various global industries and advance the standardization of general scene descriptions. The OpenUSD Alliance was jointly established in August 2023 by Pixar, adobe, Apple, Autodesk, and NVIDIA, aiming to establish OpenUSD as an international cross-industry standard to maximize compatibility and facilitate broader adoption, integration, and implementation.
Investor Optimism Abounds FIH Mobile Limited (HKG:2038) But Growth Is Lacking
Apple Supplier Foxconn Reports Strong Q3, Driven By AI Servers
Fih rose over 7% in the afternoon, as the company stated that financial performance is expected to improve in the second half of the year.
fih (02038) rose more than 18% in the morning, slightly fell in the afternoon, with the stock price currently up 6.90% at 0.93 Hong Kong dollars, with a turnover of 60.7425 million Hong Kong dollars. fih announced earlier that as of the end of September, the revenue and other operating income for the first three quarters were 4.15 billion US dollars, a 20% year-on-year decrease; the loss narrowed from 70.2 million US dollars in the same period last year to 26.211 million US dollars.
Foxconn's Third-Quarter Profit Likely Rose 6.9% -- Earnings Preview
Announcement Highlights | china overseas: Sales in October increased by 66% year-on-year; alibaba continues to repurchase approximately 19.9886 million US dollars of shares.
Concord Ne (00182.HK): The total power generation in the first 10 months was 7166.91GWh, a year-on-year increase of 12.79%; Poly Property: Sales revenue in October was 8.6 billion yuan.
Glory announced selection (Hong Kong stock) | China Overseas Development (00688.HK) October contract property sales amount of 41.589 billion yuan, a 66% year-on-year increase
China Overseas Development (00688.HK): The sales amount of contracted properties in October was RMB 41.589 billion, a 66% year-on-year increase. China Overseas Development (00688.HK) announced that in October 2024, the contracted sales amount of China Overseas series companies was approximately RMB 41.589 billion, up 66.0% year-on-year; while the corresponding sales area was approximately 1.4526 million square meters, up 34.6% year-on-year. From January to October 2024, the cumulative contracted sales amount of China Overseas series companies was approximately RMB 240.437 billion.
fih (02038.HK): It is currently expected that there will be a significant improvement in income decline and comprehensive net loss in the 2024 fiscal year.
Glory November 6th news: fih (02038.HK) announced that as of September 30, 2024, the company's revenue and other operating income was 4.154 billion US dollars, a decrease of 19.95% year-on-year; during the period, a loss of 26.211 million US dollars, a loss narrowed by 62.66% year-on-year. The company currently expects a significant improvement in the group's revenue decline and comprehensive net loss for the 2024 fiscal year.
Express News | FIH Mobile - Currently Expects to Record Decrease in Revenue & Significantly Improved CONSOL Net Loss for FY 2024
Express News | FIH Mobile - Qtrly Profit $5.4 Mln
FIH: (1) CERTAIN FINANCIAL INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2024 AND (2) UPDATE ON EXPECTED 2024 ANNUAL PERFORMANCE
Apple supplier concept stocks all fell q tech (01478) fell by 3.89% Rumor of Apple significantly reducing Vision Pro production
Kingwu Financial News | Apple supplier stocks across the board declined, Q Tech (01478) fell by 3.89%, AAC Tech (02018) fell by 3.72%, Cowell (01415) fell by 3.58%, BYD Electronic (00285) fell by 3.64%, FIH (02038) fell by 3.13%, Sunny Optical (02382) fell by 2.8%. On the news front, there are reports quoting Vision Pro component suppliers that Apple has significantly reduced Vision Pro production since early summer and may stop production of the current version by the end of the year.
Foxconn Prices $700 Million Unsecured Overseas Corporate Bonds Due 2029
Hong Kong stock abnormal movement | byd electronic (00285) rose more than 5%, leading the mobile industry chain. Android smartphone shipments in the fourth quarter are expected to further recover.
The mobile industry chain as a whole is on the rise. As of the time of publication, BYD Electronic (00285) rose by 5.85%, reaching HK$33.5; AAC Tech (02018) rose by 4.03%, reaching HK$32.25; Q Tech (01478) rose by 3.04%, reaching HK$4.74; and fih (02038) rose by 2.25%, reaching HK$0.91.