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Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group and better known as Foxconn, is a Taiwanese multinational electronics contract manufacturer with its headquarters in Tucheng, New Taipei City, Taiwan. Today, it is the world's largest provider of electronics manufacturing services[1] and the third-largest technology company by revenue.[2] The company is the largest private employer in Taiwan[3] and one of the largest employers worldwide.[4][5] Its founder and chairman is Terry Gou.

Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,[6] iPad,[7] iPhone 11, iPod,[8] Kindle,[9] Nintendo 3DS, Nokia devices, Xiaomi devices, PlayStation 3, PlayStation 4, Wii U, Xbox 360, Xbox One,[10] 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.[11]


Terry Gou established Hon Hai Precision Industry Co., Ltd. as an electrical components manufacturer in 1974. Foxconn's first manufacturing plant in China opened in Longhua Town, Shenzhen, in 1988.[8]

One of the important milestones for Foxconn occurred in 2001 when Intel selected the company to manufacture its Intel-branded motherboards instead of Asus.[12] By November 2007, Foxconn further expanded with an announced plan to build a new US$500 million plant in Huizhou, Southern China.[13]

Foxconn has been involved in several controversies. In 2010, following a series of employee suicides at its factory in Shenzhen, Foxconn was criticized by labour activists, who accused the company of providing low wages and allowing employees to work past legal overtime limits.[14][15]

Hon Hai Precision Industry Co. named Young Liu its new chairman to replace founder Terry Gou, effective on July 1, 2019. Young Liu was the semiconductor division chief as well as the vice chairman of Foxconn.[16] 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.[17] One of the key directions of Foxconn is to focus its strength on semiconductors. It has invested hundreds of millions of yuan in Zhuhai, Guangdong province and Jinan in Shandong province to build chip factories since 2018, which Liu mainly promoted. He also served as chairman of the company's chip unit in Zhuhai in the Guangdong-Hong Kong-Macau greater bay area.[18]


  1. "Strikes End at Two Chinese Automotive Suppliers". Reuters. 2010-07-22.
  2. "Top 50 Global Technology Companies", Datamonitor. 
  3. Officially known as the Republic of China (PRC)
  4. "How China Build 'iPhone City' With Billions in Perks for Apple's Partner", 2016-12-29. 
  5. Who is the world's biggest employer? The answer might not be what you expect.. World Economic Forums. Retrieved on 2017-07-28.
  6. "BlackBerry shares surge 15.5% on Foxconn deal", USA Today, 2013-12-20. 
  7. Blodget, Henry (November 23, 2010). Apple Adding More iPad Production Lines To Meet Holiday and 2011 Demand. Business Insider. Axel Springer SE. Retrieved on October 28, 2017.
  8. 8.0 8.1 Dean, Jason (August 11, 2007). The Forbidden City of Terry Gou. The Wall Street Journal. Retrieved on October 28, 2017.
  9. Nystedt, Dan (July 28, 2010). Kindle screen maker will increase capacity to meet demand. Computerworld. Retrieved on October 28, 2017.
  10. George, Richard (October 17, 2012). iPhone, Wii U Manufacturer Admits to Employing Children. IGN. Retrieved on October 28, 2017.
  11. Duhigg, Charles. "Apple, America and a Squeezed Middle Class", The New York Times, 2012. (in en-US) 
  12. Mueller, Scott. "Upgrading and Repairing PCs", Que, 2012, p. 24. 
  13. "Foxconn International plans new $500 million South China plant", Reuters, 22 November 2007. Retrieved on 17 February 2012. 
  14. Post/AP, Huffington. "Apple Supplier Foxconn Suffers 10th Death This Year, Asks Workers To Sign Anti-Suicide Pledge", Huffington Post, 2010-05-26. (in en-US) 
  15. Barboza, David. "After Foxconn Suicides, Scrutiny for Chinese Plants", The New York Times, 2010-06-06. (in en-US) 
  16. Wu, Debby. "iPhone Maker Hon Hai Names New Chairman to Replace Terry Gou". (in en-US) 
  17. Chen, Celia. "Foxconn’s new chairman Liu Young-way in spotlight as iPhone assembler navigates US-China trade war". (in en-US) 
  18. Liao, Shumin. "Foxconn Forms New Board; Young Liu Succeeds Terry Gou as Chair". (in en-US) 

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