Reuters: Technology News: Foxconn International shares slide after worst-ever first-half loss

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Foxconn International shares slide after worst-ever first-half loss Aug 28th 2012, 01:26 Tweet Share this Email Print Related News Hong Kong shares seen inching higher, chart level supports 9:01pm EDT Foxconn Intl posts worst-ever first-half net loss 9:39am EDT UPDATE 1-Foxconn Intl posts worst-ever first-half net loss 9:38am EDT REFILE-Hong Kong shares sink to 3-week low, China resumes downward spiral Wed, Aug 22 2012 China Mobile first-half core profit slips, shares down 5 percent Thu, Aug 16 2012 Related Topics Tech » Hot Stocks » Asian Markets » Workers walk out of the entrance to a Foxconn factory in Chengdu, Sichuan province July 4, 2012. Credit: Reuters/Stringer HONG KONG | Mon Aug 27, 2012 9:26pm EDT HONG KONG (Reuters) - Shares of Foxconn International Holdings Ltd (FIH) (2038.HK), the world's biggest contract maker of cellphones, fell 3.5 percent on Tuesday after it posted its worst-ever first-half net loss due to dismal orders. The stock was set to open down 3.5 percent at HK$2.78, underperforming the Hang Seng Index's .HSI 0.4 percent loss. FIH on Monday blamed its poor earnings on sluggish orders from key clients such as Nokia Oyj (NOK1V.HE) as a global economic slowdown takes a toll. (Reporting By Lee Chyen Yee; Editing by Anne Marie Roantree) 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 through relevant opinion, anecdotes, links and data. 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. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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