Key Apple Supplier Foxconn Ropes Taiwan Semiconductor Chip Veteran For Newly Created Role


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Hon Hai Precision Industry Co Ltd (OTC: HNHPF), operating as Foxconn, has appointed chip industry veteran Chiang Shang-Yi to the semiconductor strategy officer role.
  • In this newly created role, Dr. Chiang's rich experience in the semiconductor industry will provide Hon Hai invaluable support for the Group's global semiconductor deployment strategy and technical guidance.
  • Dr. Chiang has been one of the most influential champions of Taiwan Semiconductor Manufacturing Company Ltd's (NYSE:TSM) technology development from micron generation to nanometer generation.
  • Also Read: China Resorts To Retired Soldiers To Drive iPhone Production At Biggest Foxconn Facility
  • Foxconn, the world's largest contract electronics maker, is best known for assembling Apple Inc (NASDAQ:AAPL) iPhones and other Apple products. However, in recent years it has been expanding into chips to diversify its business.
  • Chiang previously worked as vice president of research and development at TSMC, Reuters reports.
  • He was more recently the vice chairman of Semiconductor Manufacturing International Corp, China's largest and most advanced chipmaker.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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