
Hon Hai (Foxconn) Trading Halted Ahead of Major Announcement
Hon Hai Precision Industry Co., the world’s largest contract electronics manufacturer and key Apple supplier, halted trading of its shares pending the release of “market-sensitive” information. The sudden suspension comes just ahead of a scheduled announcement, raising expectations of a significant corporate development. Such halts are rare in Taiwan’s markets, indicating the gravity of the upcoming disclosure. Foxconn has not yet provided further details.
This could mark a substantial shift in the global electronics supply chain or major strategic pivot by Foxconn, impacting tech manufacturing worldwide.