Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei City, Taiwan. Established in 1974 by Terry Gou, Foxconn has grown into one of the largest electronics manufacturers in the world.
Renowned for its expertise in assembling electronic components and devices, Foxconn serves major technology companies such as Apple, Microsoft, Sony, and others. The company's operations span across various sectors, including consumer electronics, telecommunications, computing, and automotive.
Foxconn is best known for its extensive manufacturing facilities in China, where it has established large-scale production complexes, often referred to as "Foxconn City," employing hundreds of thousands of workers. These facilities have played a pivotal role in the global supply chain, producing millions of smartphones, tablets, computers, and other electronic devices each year.
Despite its success, Foxconn has faced scrutiny over labor practices, particularly regarding working conditions and employee welfare. The company has taken steps to address these issues, implementing reforms and investing in automation to improve efficiency and reduce reliance on manual labor.
Additionally, Foxconn has diversified its business interests, venturing into areas such as robotics, artificial intelligence, and electric vehicles. Through strategic partnerships and acquisitions, the company continues to evolve and adapt to the rapidly changing landscape of the technology industry.
