He resigned the same year, citing health problems. In January 2012, Foxconn named Tien Chong (Terry) Cheng chief executive of its subsidiary FIH Mobile Limited. By November 2007, Foxconn further expanded with an announced plan to build a new US$500 million plant in Huizhou, Southern China. One of the important milestones for Foxconn occurred in 2001 when Intel selected the company to manufacture its Intel-branded motherboards instead of Asus. Foxconn's first manufacturing plant in Mainland China opened in Longhua Town, Shenzhen, in 1988. as an electrical components manufacturer in 1974 in Taipei, Taiwan. Terry Gou established Hon Hai Precision Industry Co., Ltd. History Foxconn connector box tag in 2014 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. Young Liu was the special assistant to former chairman Terry Gou and the head of business group S (semiconductor). įoxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Cisco products, Sony devices (including mostly PlayStation gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's Xbox console, and several CPU sockets, including the TR4 CPU socket on some motherboards. Terry Gou is the company founder and former chairman.įoxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the largest employers worldwide. It is the world's largest technology manufacturer and service provider. In 2021, the company's annual revenue reached 6.83 trillion New Taiwan dollars ( US$214 billion) and was ranked 20th in the 2023 Fortune Global 500. Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan. Hông-hái tsing-bı̍t kang-gia̍p kóo-hūn iú-hān kong-si Hónghǎi Jīngmì Gōngyè Gǔfèn Yǒuxiàngōngsī
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