Foxconn

Hon Hai Precision Industry Co., Ltd. (TWSE: 2317), trading as Hon Hai Technology Group in Taiwan, or Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer with its headquarters in Tucheng, New Taipei City, Taiwan, established in 1974. In 2021, the Group's annual revenue reached NT$5.99 trillion[3] and was ranked 22nd in 2021 Fortune Global 500.[4] It is now the world’s largest technology manufacturer and service provider. While headquartered in Taiwan, the company is the largest private employer in the People's Republic of China and one of the largest employers worldwide.[5][6] Terry Gou is the company founder and former chairman.

Hon Hai Precision Industry Co. Ltd.
鴻海精密工業股份有限公司
Hon Hai Technology Group (Foxconn) 鴻海科技集團(富士康)
TypePublic
TWSE: 2317
LSE: HHPD
ISINTW0002317005
IndustryElectronics
Founded20 February 1974; 48 years ago (1974-02-20) (as Hon Hai Precision Industry Co., Ltd.)
FounderTerry Gou
Headquarters
Area served
Worldwide
Key people
Young Liu
(Chairman and President)
ProductsElectronics, electronic components, PCBs, PCB components, computer chips.
ServicesElectronics manufacturing services
RevenueNT$5.99 trillion (2021)[1]
NT$193.57 billion (2021)[1]
NT$139.32 billion (2021)[1]
Total assetsNT$3.908 trillion (2021)[1]
Total equityNT$1.573 trillion (2021)[1]
Number of employees
1,290,000 (2020)[2]
Subsidiaries
Websitewww.honhai.com/en-us/
Foxconn
Traditional Chinese鴻海精密工業股份有限公司
Simplified Chinese鸿海精密工业股份有限公司
Literal meaningHon Hai Precision Industry Co., Ltd.
Trading name
Traditional Chinese鴻海科技集團(富士康)
Simplified Chinese鸿海科技集团(富士康)
Literal meaningHon Hai Technology Group (Foxconn)

Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,[7] iPad,[8] iPhone, iPod,[9] Kindle,[10] all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Sony devices (including the PlayStation 3 and PlayStation 4 gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's first Xbox console,[11] and several CPU sockets, including the TR4 CPU socket on some motherboards. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide.[12]

Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019.[13] Young Liu was the special assistant to former chairman Terry Gou and the head of business group S (semiconductor). Analysts said the handover signals the company's future direction, underscoring the importance of semiconductors, together with technologies like artificial intelligence, robotics and autonomous driving, after Foxconn's traditional major business of smartphone assembly has matured.[14]

Foxconn's corporate value is "Creating comprehensive smart living experiences for customers across the globe."


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