InfoAnda - Foxconn sees dramatic improvement in 2011 results, shares jump |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

US economic worries spark calls for swift euro action | 12 May 2010
Alaska governor visits troops in Kosovo | 26 June 2009
Lagos megacity: facelifting a slum | 27 March 2009

New games, cost cuts may push Activision shares up 50 percent: Barron's | | 6 August 2012

Forum Views () Forum Replies ()

Read more with google mobile : Foxconn sees dramatic improvement in 2011 results, shares jump |

Edition: U.S. Article Comments (0) Global Technology Summit HTC to tap tablet boom with many models Nvidia head sees competition for iPad AOL says no thanks to private equity Orange backs Apple plan for smaller SIM card High costs may delay new wafer technology AOL expands local news network in U.S. Mobile generation upends tech AT&T plans consumer security service for 2012 ARM sees limited hit from quake, upbeat on prices Samsung sees better LCD performance Smartcard maker Gemalto bets on security Video: AOL’s Tim Armstrong talks tech Comment: Do you play online games? Follow Reuters Facebook Twitter RSS YouTube Read U.S. sues Starbucks for firing dwarf from barista job 17 May 2011 "Sperminator" Schwarzenegger scorned over love child 17 May 2011 UPDATE 1-Gingrich hits rough patch early in White House run 17 May 2011 Sex: Do international bodies look the other way? 1:00am EDT Sex: Do international bodies look the other way? 1:06am EDT Discussed 99 Texas county official says ”stupid” feds sparked fire 79 Israel-Palestinian violence erupts on three borders 65 Boehner says ready to cut budget deal today Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Boot camp for rebels in Libya Sun, May 15 2011 Making a case against Strauss-Kahn Tue, May 17 2011 Foxconn sees dramatic improvement in 2011 results, shares jump Tweet Share this By Lee Chyen Yee and Huang Yuntao HONG KONG (Reuters) - Foxconn International Holdings Ltd, the world's top contract cell phone maker, said it expects a "dramatic improvement" in its 2011 results, propelling its share price to log the biggest gain... Email Print Related News Intel chief says doesn't need ARM for mobile chips Tue, May 17 2011 HTC to tap tablet boom with many models Tue, May 17 2011 France Telecom grapples with costs Tue, May 17 2011 Samsung sees better LCD performance; no big investments Tue, May 17 2011 Analysis: Huawei lifts veil in bold bet on consumer gadgets Tue, May 10 2011 Analysis & Opinion Rent-a-Google Tech wrap: RIM’s Playbook recall Related Topics Technology Home » Hot Stocks » Asian Markets » Media » Foxconn workers walk on a footbridge outside a Foxconn factory building in the township of Longhua, in southern Guangdong province June 2, 2010. Credit: Reuters/Bobby Yip By Lee Chyen Yee and Huang Yuntao HONG KONG | Wed May 18, 2011 3:25am EDT HONG KONG (Reuters) - Foxconn International Holdings Ltd, the world's top contract cell phone maker, said it expects a "dramatic improvement" in its 2011 results, propelling its share price to log the biggest gain in more than a year. The money-losing company, which is due to be removed from Hong Kong's benchmark Hang Seng Index on June 7, has been struggling under a host of problems, including rising costs and labor issues that led to staff suicides at its China operations. Foxconn International's shares, which lost about 20 percent of their value since the start of the year, rose more than 13 percent intraday Wednesday, the biggest one-day jump since December 2009. The company said it was banking on the fast-growing smartphones and cost cuts to improve its bottomline. "Smartphones previously were a niche market. They have very much become mainstream products," Chairman Samuel Chin told a news conference on Wednesday after a shareholder meeting. "With regard to smartphones, as I mentioned to you before, our R&D expenses have continued to increase and I can assure you that a tremendously high amount of that expense is focused primarily on smartphones/tablets," he said. Foxconn International, whose customers include Nokia, Motorola Mobility Holdings Inc and Huawei Technologies Co Ltd, logged another loss for the second half of 2010 as the company struggled to regain its footing amid rising costs and falling prices. "The financial results clearly were a disappointment to the management team. We have taken steps to rectify the situation," Chin said. "It has created to a new sense of urgency for the management." Shipments of smartphones, which allow users to surf the Internet, take pictures, and send email as well as make phone calls, are expected to grow to 97.2 million units this year, up from 55.8 million last year, industry figures showed. A unit of Taiwan electronics giant Hon Hai Precision Industry Co Ltd, Foxconn International has struggled with a wave of labor unrest at its sprawling production facilities in China. (Editing by Chris Lewis) Technology Home Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 18 May 2011
Libya says hits a NATO warship shelling Misrata |
Pakistani forces kill five suspected suicide bombers |
Bahraini activist said threatened with rape: report |
Abbas urges U.N. recognition of Palestinian state |
Pakistani army: senior al Qaeda operative arrested |
Dmitry Medvedev could shed light on Russian election plans |
Dell raises 2012 outlook, stock rallies |
Apple plans smaller SIM card |
What's not to Like? Baby named after Facebook button |
Cyber-crooks eye Apple Macs with fake anti-malware |
HTC to tap tablet boom with many models |
Intel chief says won't use ARM to make chips |
Pirates of Caribbean turns 4, seek fountain of youth |
South Africans vote as toilet row grabs headlines |
Over 70 militants attack Pakistani security post, 17 dead |
Al Jazeera: Reporter freed after vanishing in Syria |
Egypt's army says has no plans to pardon Mubarak |
China denies it is conduit for North Korea-Iran weapons trade |
FCC asks Apple, Google to location-tracking forum |
Foxconn sees dramatic improvement in 2011 results, shares jump |
LinkedIn IPO likely a success, but risks real |
PopCap Games ready to be listed as early as Nov: CEO |
Sony defends response time to hacker |
Symantec looking to buy |
HP disappoints investors; Dell shines |
Hollywood stars turn out for farewell Oprah show |
Pete Townshend says 2012 memoir a rite of passage |
Schwarzenegger fathered child outside marriage |
Signing of Yemen political deal appears imminent |
Twelve dead in protests after two women killed in Afghan raid |
Medvedev keeps Russia guessing on 2012 election |
Tanks shell Syrian town as West increases pressure |
Japan PM: must review oversight of nuclear power |
Yemeni caught in Pakistan mid-level al Qaeda operative |
Queen revisits ghosts of Ireland's Bloody Sunday |
Al Qaeda names Adel as interim chief: Al Jazeera |
Tunisia demands Libya stop cross-border shelling |
Mobile hacking sets off security gold rush |
Angry Birds maker Rovio aims for IPO in two to three years |
Clearwire signs network deal with Ericsson |
LG Display, Samsung see depressed LCD market turning |
Eye on tech exports, Israel launches cyber command |
Director Trier shocks Cannes with Nazi, Hitler jokes |
Bids soar for princess's toilet seat wedding hat |
Sperminator Schwarzenegger scorned over love child |
Film of cosmic chaos, end of Earth wows Cannes |
Pirates of Caribbean turns 4, seeks fountain of youth |
Warm welcome at Cannes for Gibson's The Beaver |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01