Tag: Foxconn

Apple’s largest iPhone assembler, Foxconn, also known as Hon Hai Precision Industry, is halting trading of its securities on July 30, 2025, according to a press release from the Taiwan Stock Exchange. While it’s uncommon for a stock to be temporarily pulled from trading, it happens more often in Taiwan pending the release of “material information,” according to the press release. Once the “material information” is announced, Foxconn will apply to resume trading. Typically, “material information” means some type of merger, acquisition, investment, asset sale, or strategic partnership. Temporarily pausing trading allows for this news to spread and be digested, putting traders on more equal footing so no one’s operating without access to critical information. What could this information be? Foxconn provides manufacturing and assembly services for many consumer electronics brands. Hence, there’s no guarantee the news is related to Apple, and neither Foxconn nor the Taiwan Stock Exchange has commented. For example, in February, Foxconn announced it would consider purchasing shares of struggling automaker Nissan as part of efforts to diversify its business into providing electric vehicle design and manufacturing services. However, with the iPhone 17 approaching release, Apple’s next earnings announcement is coming on July 31. Considering the current tariff storm, the major market-moving news may very well concern Apple. It’s important to note these types of trading pauses aren’t always tied to positive news, as Jeff Harris, a finance professor at American University, told Newsweek: In this case, I might anticipate that Hon Hai has news directly related to iPhones—it may be tariff-related, some production problem, some sort of new agreement for long-term production or any number of things. In this case, I would lean toward some negative news, perhaps related to tariffs. Could this announcement have anything to do with Apple’s recent announcement of a $500 million commitment to US-based MP Materials for the production of rare earth magnets used in iPhones? It’s possible. In the wake of relentless pressure from the Trump administration over its reliance on China for manufacturing, Apple has been making efforts to expand its supply chain both in the US and abroad, in places like India. We’ll keep you posted on this (potential) major iPhone manufacturing news.

Tag: Foxconn

iPhone Maker Foxconn Pauses Trading

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