Foxconn's Transformation Plan: Targeting Healthcare, Edge AI, and Automobiles

Reported 12 months ago

Foxconn announced a three to five-year transformation plan focusing on healthcare, edge AI, and automobile industries, while maintaining its current revenue structure in game console assembly. The company will pay a dividend on July 2, implying a cash dividend yield of approximately 2.12%. Foxconn is looking to diversify its revenue sources by venturing into new sectors like healthcare technology and advanced materials technology, aiming for organic growth and value creation through innovative technologies and products.

Source: YAHOO

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