Hon Hai Precision Industry Co Ltd
TWSE:2317
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Gross Margin
Hon Hai Precision Industry Co Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | TW |
Market Cap | 2.8T TWD |
Gross Margin |
6%
|
Country | CN |
Market Cap | 453.8B CNY |
Gross Margin |
8%
|
Country | CH |
Market Cap | 45.7B USD |
Gross Margin |
34%
|
Country | SG |
Market Cap | 16.5B USD |
Gross Margin |
8%
|
Country | US |
Market Cap | 14.9B USD |
Gross Margin |
9%
|
Country | CN |
Market Cap | 83.3B CNY |
Gross Margin |
11%
|
Country | CA |
Market Cap | 14.5B CAD |
Gross Margin |
10%
|
Country | KY |
Market Cap | 8.3B USD |
Gross Margin |
12%
|
Country | CN |
Market Cap | 50.4B CNY |
Gross Margin |
12%
|
Country | CN |
Market Cap | 41B HKD |
Gross Margin |
20%
|
Country | US |
Market Cap | 4.8B EUR |
Gross Margin |
12%
|
Hon Hai Precision Industry Co Ltd
Glance View
Hon Hai Precision Industry Co., Ltd., widely recognized as Foxconn, stands as a titan in the global manufacturing landscape, primarily known for its role as a major Apple supplier, assembling iconic products like the iPhone and iPad. Founded in 1974 by Terry Gou in Taiwan, Foxconn has evolved beyond its humble beginnings to become the world’s largest contract electronics manufacturer. This remarkable transformation was fueled by its relentless pursuit of operational excellence, investments in advanced technologies, and an expansive footprint across continents, from Asia to North America. Investors are drawn to Foxconn not only for its size and influence in the tech supply chain but also for its adaptability; the company is diversifying into emerging sectors such as electric vehicles and smart manufacturing, positioning itself to capitalize on the next wave of technological innovation. As the world shifts toward digitization and sustainability, Hon Hai is not resting on its laurels. The company is heavily investing in research and development to enhance its product offerings and maintain its competitive edge. With sustainable practices becoming paramount, Foxconn is committing to reducing its carbon footprint and promoting eco-friendly manufacturing processes. This strategic pivot towards innovation and sustainability not only strengthens its market position but also aligns the company with growing consumer and regulatory demands for responsible operations. For investors, Hon Hai represents a compelling blend of legacy and forward-thinking vision, making it a noteworthy player in the ever-evolving landscape of technology and manufacturing.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Hon Hai Precision Industry Co Ltd's most recent financial statements, the company has Gross Margin of 6.4%.