Image of Foxconn

Foxconn

Organization

A major electronics contract manufacturer that is working with Apple to establish manufacturing capacity in India.


entitydetail.created_at

7/20/2025, 11:37:13 PM

entitydetail.last_updated

7/22/2025, 5:39:04 AM

entitydetail.research_retrieved

7/21/2025, 1:38:19 AM

Summary

Foxconn, formally known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturer established in 1974. Headquartered in Tucheng District, New Taipei City, Taiwan, it operates internationally under the Foxconn brand. The company is the world's largest contract manufacturer of electronics, with annual revenues reaching NT$6.16 trillion in 2023, ranking 20th on the Fortune Global 500. While its headquarters are in Taiwan, Foxconn earns the majority of its revenue from assets in China and is one of the largest employers globally, as well as the largest private employer in China. Foxconn manufactures a wide array of electronic products for major companies across America, Canada, China, Finland, and Japan, including devices like the iPhone, iPad, Kindle, and various gaming consoles from Nintendo and Sony. As of 2012, Foxconn factories were responsible for an estimated 40% of all consumer electronics sold worldwide. In 2019, Young Liu succeeded founder Terry Gou as chairman, signaling a strategic shift towards semiconductors and emerging technologies like artificial intelligence and autonomous driving, moving beyond its core business of smartphone assembly. Foxconn has been recognized as the largest electronics manufacturing services company globally for 14 consecutive years and is involved in supply chain realignments, such as supporting Apple's manufacturing move to India.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Type

    Multinational electronics contract manufacturer

  • Founded

    1974-02-20

  • Formal Name

    Hon Hai Precision Industry Co., Ltd.

  • Headquarters

    Tucheng District, New Taipei City, Taiwan

  • Patents Owned

    More than 57,729

  • Country of Origin

    Taiwan

  • China Business Name

    Foxconn Technology Group

  • Employees (Wikidata)

    618,460

  • Taiwan Business Name

    Hon Hai Technology Group

  • Annual Revenue (2023)

    NT$6.16 trillion (US$192.37 billion)

  • Current Strategic Focus

    Semiconductors, artificial intelligence, robotics, autonomous driving, electric vehicles, digital health

  • International Brand Name

    Foxconn

  • Largest Employer Globally

    Yes

  • Fortune Global 500 Ranking (2023)

    20th

  • Largest Private Employer in China

    Yes

  • World's Largest Electronics Manufacturer

    Yes

  • Electronics Manufacturing Services Ranking

    Largest globally for 14 consecutive years

  • Estimated Global Consumer Electronics Production (2012)

    40%

Timeline
  • Foxconn, formally Hon Hai Precision Industry Co., Ltd., was established in Taiwan. (Source: Summary, Wikipedia, Wikidata)

    1974-02-20

  • Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. (Source: Summary, Wikipedia, DBPedia)

    2012

  • Young Liu succeeded founder Terry Gou as chairman, signaling a strategic shift towards semiconductors and emerging technologies. (Source: Summary, Wikipedia, DBPedia)

    2019-07-01

  • Formed a joint venture company with Vedanta Limited to manufacture semiconductors in India. (Source: Web Search)

    2022-02

  • Acquired the wireless telecommunications company arQana Technologies, which was rebranded as 'iCana'. (Source: Web Search)

    2022-04

  • Annual revenue reached NT$6.16 trillion, ranking 20th on the Fortune Global 500. (Source: Summary, Wikipedia)

    2023

  • Foxconn dropped out of the joint venture deal with Vedanta Limited. (Source: Web Search)

    2023-07

  • Involved in supply chain realignments, including supporting companies like Apple in moving manufacturing to India. (Source: Summary, Related Documents)

    Ongoing

  • Continues its strategic shift towards semiconductors, artificial intelligence, robotics, and autonomous driving. (Source: Summary, Wikipedia, Web Search)

    Ongoing

Foxconn

Hon Hai Precision Industry Co., Ltd. (鴻海精密工業股份有限公司), doing business as Hon Hai Technology Group (鴻海科技集團) in Taiwan, Foxconn Technology Group (富士康科技集团) in China, and Foxconn (富士康) internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng District, New Taipei City, Taiwan. In 2023, the company's annual revenue reached 6.16 trillion New Taiwan dollars (US$192,377,640,000 (equivalent to $198,533,892,569 in 2024)) and was ranked 20th in the 2023 Fortune Global 500. It is the world's largest contract manufacturer of electronics. While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the largest employers worldwide. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube, Nintendo DS models, Sega models, Nokia devices, Cisco products, Sony devices (including most 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. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. 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. Foxconn's 2Q24 revenue was NT$1.551 trillion (US$31.17 billion). Circuits Assembly magazine named Foxconn the largest electronics manufacturing services company in the world for the 14th straight year.

Web Search Results
  • About Hon Hai - Hon Hai Technology Group

    Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) (TWSE: 2317) is the world’s largest electronics manufacturer. Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. The Group has expanded not only its capabilities into the development of electric vehicles, digital health and robotics, but also three key technologies –AI, [...] The company has established R&D and manufacturing centers in other markets around the world including China, India, Japan, Vietnam, Malaysia, Czech Republic, U.S. and more. With a focus on research and development, the company owns more than 57,729 patents. In addition to maximizing value-creation for customers who include many of the world's leading technology companies, Foxconn is also dedicated to championing environmental sustainability in the manufacturing process and serving as a [...] The company has received widespread international accolades and recognition since its establishment. The company ranked 32th on the Fortune Global 500 rankings in 2024 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World's Best Employers in 2019. Moreover, on Forbes World's Best Employers 2021 rankings, the company ranked 1st in Taiwan. Foxconn is also the only Taiwanese private company awarded for 7 consecutive years of Clarivate Top 100 Global Innovators (2018 ~ 2024).

  • Foxconn Technology Co Ltd Overview - GlobalData

    Foxconn Technology Co Ltd (Foxconn Technology) is a provider of innovative integrated design and manufacturing (IIDM) services. The company offers products such as smart consumer electronics, cloud and networking products, computing products and components and others. Its product portfolio comprises smartphone devices, feature phones, wearable devices, television sets, game consoles, set-top boxes, audio systems, routers, servers, edge computing, data centers, computers, laptops and tablets [...] among others. The company offers services such as logistics warehousing, software development and integration services among others. Foxconn Technology is headquartered in New Taipei, Taipei, Taiwan. [...] | Name | Position | Board | Since | Age | | --- | --- | --- | --- | --- | | Liu, Young-Way | Chief Executive Officer; Chairman | Executive Board | 2019 | - | | Chiang Shang-yi | Chief Executive Officer - Semiconductor Business | Senior Management | 2022 | - | | James Wang | Director | Non Executive Board | - | - | | Wang Cheng-yang | Director | Non Executive Board | - | - | | Tsing- yuan Hwang | Director | Non Executive Board | - | - | | Non Dignissim Eros | Proin vel | Convallis | 2025 | XY |

  • Foxconn - Wikipedia

    Hon Hai Precision Industry Co., Ltd. (鴻海精密工業股份有限公司), doing business asHon Hai Technology Group (鴻海科技集團) in Taiwan, Foxconn Technology Group (富士康科技集团) in China, and Foxconn (富士康) internationally, is a Taiwanese multinationalelectronicscontract manufacturer established in 1974 with headquarters in Tucheng District, New Taipei City, Taiwan. In 2023, the company's annual revenue reached 6.16 trillion New Taiwan dollars (US$192,377,640,000 (equivalent to $198,533,892,569 in 2024)) and was ranked [...] Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,( iPod,( all Nintendo gaming systems since the GameCube, Nintendo DS models, Sega models, Nokia devices, Cisco products, Sony devices (including most PlayStation gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's Xbox "Xbox (console)") console,( and several CPU sockets, including the [...] In February 2022, Foxconn formed a joint venture company with Vedanta Limited, one of India's leading multinational groups, to manufacture semiconductors in India. Foxconn dropped out of the deal in July 2023.( In April 2022, it was announced Foxconn had acquired the wireless telecommunications company, arQana Technologies – with the new organization being rebranded as "iCana".( Foxconn also announced a merger with the integrated circuit designing firm AchernarTek for an undisclosed amount. The

  • Factories in China - Hon Hai Technology Group

    '%20fill='%23fff'/%3e%3c/svg%3e) Foxconn Longhua Technology Park Foxconn Yantai Technology Park Foxconn Zhengzhou Technology Park Foxconn Chengdu Technology Park Foxconn Chongqing Technology Park-Hong Fu Jin Precision Electronics (Chong Qing ) co., ltd Foxconn Wuhan Technology Park Foxconn Weihai Technology Park_1655287154.jpg)

  • Latest News - Hon Hai Technology Group

    Hon Hai Technology Group (Foxconn) and France’s Thales Group Announce Strategic Partnership In Semiconductor And Space Hon Hai Technology Group (Foxconn) Advances Solutions For Superchip AI Infrastructure and Robotics At COMPUTEX 2025 Foxconn Partners with NVIDIA to Build AI Factory Becomes Taiwan’s First NVIDIA Cloud Partner to Power Its Three Strategic Platforms Robust.AI Partners With Foxconn To Accelerate And Scale Manufacturing Of Carter Warehouse Automation Robots [...] Hon Hai Technology Group (Foxconn) Announces First Quarter 2025 Financial Results Hon Hai Technology Group (Foxconn) Joins LOT Network To Shield Ecosystem Amid Escalating Patent Risks [...] Elektrobit and global partner to jointly develop EV.OS – an AI-centric automotive platform for software-defined vehicles Hon Hai Research Institute Achieves Breakthrough in Quantum Cryptography Recognized by Leading Global Conference_20250613_7620.png) Hon Hai Precision Industry Co., Ltd. announced unaudited consolidated revenue for May 2025 AI Robotics, Digital Twins, and MONAI Contributions Highlight Hon Hai Foxconn’s Smart Healthcare Vision at GTC Taipei 2025

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. In 2021, the company's annual revenue reached 5.99 trillion New Taiwan dollars (US$175 billion) and was ranked 20th in the 2022 Fortune Global 500. It is 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. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. 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, Sony devices (including the PlayStation 3 and PlayStation 4 gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's first Xbox console, 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. Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. 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.

DBPedia thumbnail
Location Data

Foxconn, Ipari park, Komárom, Komáromi járás, Komárom-Esztergom vármegye, Közép-Dunántúl, Dunántúl, 2903, Magyarország

industrial

Coordinates: 47.7427111, 18.0817885

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