Foxconn International Holdings Limited
TPE:2038 ISIN:TW0002354008
Foxconn International Holdings Limited is an investment holding company. Together with its subsidiaries, the Company is a vertically integrated manufacturing services provider for handset industry worldwide. It provides a range of manufacturing services to its customers in connection with the production of handsets. The Company's parent company is Foxconn (Far East) Limited, and its ultimate holding company is Hon Hai Precision Industry Company Limited (Hon Hai). The Company operates in three geographical segments: Asia, Europe and America.
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Most Asian markets ended lower on Friday, following the massive slump on Wall Street in previous trading session. Investors also remained cautious before a key U.S. report on the jobs market. In major indexes, Japan's Nikkei 225 Average saw a biggest fall of 3.5%. Hong Kong's Hang Seng Index ended down 2.4%, while Shanghai Composite fell 1.3%.
Asian markets ended sharply lower Friday, weighed down by the weakness in the US and European markets. Japan's Nikkei Stock Average fell 1.9% as investors were still not comfortable with the recent falls of Japanese yen, but the slumping Korean won hurt shares in Seoul with the Kospi plummeted 3.7%. Shanghai and Hong Kong stocks gained about 1.5%. Today the Chinese shares opened slightly weaker while the Hong Kong shares were up 1.8 percent.
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