Hon Hai Precision Industry Co Ltd
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Based in Taiwan, Province Of China
Company profile

Hon Hai Precision Industry Co Ltd is a Taiwan-based company mainly engaged in the provision of various connectors, housings, radiators, assembled products and related products related to the information industry, communication industry, automation equipment industry, optoelectronics industry, precision machinery industry, automotive industry, and consumer electronics industry, as well as the manufacture and sale of network cable assembly and other products. The Company's products include components, modules and system assembly products in the fields of computers, modules and consumer electronics (3C) electronic products. The components include 3C connectors, wire-mounted products and other components. The modules include mechanical modules and electronic modules. The system assembly products include assembly of finished products of 3C products. The Company operates businesses in domestic and overseas markets.

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Bill Gates on the next few months of the coronavirus pandemic: 'It's bad news'

4:09 pm ET December 13, 2020 (MarketWatch)

Shawn Langlois

Bill Gates, co-founder of Microsoft (MSFT), offered up some "bad news" in a CNN interview on Sunday (https://www.cnn.com/videos/business/2020/12/13/bill-gates-coronavirus-pandemic-us-response-sotu-tapper-intv-vpx.cnn/video/playlists/stories-worth-watching/) for those feeling optimistic over the imminent U.S. arrival (https://www.marketwatch.com/story/covid-19-vaccine-to-start-arriving-in-u-s-states-monday-01607794689?mod=home-page) of the first COVID-19 vaccine.

In other words, keep expectations for the vaccine's impact in check.

"I thought the U.S. would do a better job handling it," Gates told CNN's Jake Tapper. "This virus could be more fatal than it is. We didn't get the worst-case. But the thing that has surprised me is that the economic impact in the U.S. and around the world has been much greater than the forecasts that I made five years ago."

Nearly 300,000 people in the United States have died from COVID-19, according to the latest tally from Johns Hopkins University.

Gates also said we can expect the world to start its return to normalcy as early as the summer of 2021, with a few caveats.

"Even through early 2022, unless we help other countries get rid of this disease and we get high vaccinations rates in our country, the risk of reintroduction will be there," he said. "And, of course, the global economy will be slowed down, which hurts America's economy in a pretty dramatic way. "

Watch the interview:


-Shawn Langlois; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

December 13, 2020 16:09 ET (21:09 GMT)

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