Taiwan Stock Exchange

Foxconn, Hon Hai shares fall on weak earnings

* Rising costs fuel margin concerns (Adds comment and updates stock price)HONG KONG/TAIPEI, Aug 31 (Reuters) - Shares of Foxconn International Holdings Ltd fell more than 10 percent on Tuesday morning, its biggest single-day percentage fall in 17 months, after the world's top contract cell phone maker reported first-half earnings fell deeper into the red.

Parent Hon Hai Precision Industry Co Ltd, Taiwan's top electronics parts maker, led technology shares lower in Taipei, sliding as much as 6.6 percent after it reported a weaker-than-expected quarterly profit.Taiwan-based Foxconn Technology Group, which includes Hon Hai and Hong Kong-listed unit Foxconn International, could see margins continue to trend down because of wage increases in the mainland, analysts said.It would also take time for the group, which manufactures electronic devices for global brands including Apple Inc, Dell Inc, Nokia Oyj and Hewlett-Packard Co, to benefit from relocating its manufacturing facilities to inner C...

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