At the shareholders' meeting, Hon Hai Chairman Liu Yangwei responded to whether the heavy rain in Henan and the chip shortage will affect Hon Hai's performance in the second half of the year. Liu Yangwei said: "It seems that the flood in Zhengzhou has little impact on our perform

2025/05/3115:43:34 hotcomm 1137

Today (July 23), Foxconn parent company Hon Hai Precision Industry Co., Ltd. held a shareholders' meeting. Hon Hai Chairman Liu Yangwei responded at the shareholders' meeting whether the heavy rain in Henan and the chip shortage will affect Hon Hai's performance in the second half of the year.

Liu Yangwei said: "It seems that the flood in Zhengzhou has little impact on our performance this year, so if we remove this factor, we will look at the outlook for the second half of this year. There are some impacts on shortages, but not much."

According to public reports, the current iPhone series production is mainly in the Foxconn Zhengzhou factory. There are more than 90 production lines in the Zhengzhou factory and about 350,000 workers. About half of the world's Apple phones come from the Foxconn Zhengzhou factory. In addition, Zhengzhou has three Foxconn factory areas, namely Zhengzhou Airport Factory, Economic and Technological Development Zone Factory, and Zhongmu County Factory Area.

htmlOn July 21, Hon Hai's listed company Industrial FULL stated through the Shanghai Stock Exchange e Interactive Platform that on behalf of Foxconn Group, it announced a donation of 100 million yuan to be used for disaster relief work and post-disaster reconstruction in Henan. Up to now, all personnel in the Zhengzhou subsidiary of Industrial Fulian are safe. The company will continue to contribute to the post-disaster economic recovery under the principle of ensuring the safety of employees and ensuring safe production.

At the shareholders' meeting, Hon Hai Chairman Liu Yangwei responded to whether the heavy rain in Henan and the chip shortage will affect Hon Hai's performance in the second half of the year. Liu Yangwei said:

Liu Yangwei also pointed out at today's shareholders' meeting that this year's Hon Hai Technology Day will be held on October 18, and will show the outside world the actual achievements of Hon Hai in electric vehicles.

Source: Duchuang Comprehensive

Review: Tan Lugang

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