Foxconn

Taiwanese multinational electronics contract maker Foxconn, also known as Hon Hai Technology Group in China and Taiwan and Foxconn elsewhere in the world, is based in Tucheng, New Taipei City. It is the largest Taiwanese company by market capitalization and the world leader in manufacturing and providing technical services. The company is one of the largest employers in the world as well as one of the largest manufacturing companies in Taiwan, despite its Taiwanese headquarters and its focus on mainland Chinese assets.

Foxconn manufactures electronics for major companies in the United States, Canada, China, Finland, and Japan. Foxconn is responsible for producing a wide variety of electronics, including the aforementioned Nokia devices, Cisco products, Sony devices (including the PlayStation 3 and PlayStation 4 gaming consoles), Google Pixel devices, and the BlackBerry, iPad, iPhone, iPod, and Kindle. It is estimated that in 2012, Foxconn factories manufactured 40% of all consumer electronics marketed worldwide.

Once Foxconn's conventional main business of producing smartphones has matured, observers believe the handover will signal the company's future orientation, underlining the importance of semiconductors as well as technology like artificial intelligence, robots, and autonomous driving. Foxconn plans to use its resources mostly for making semiconductors. Hon Hai has been making efforts to broaden its business portfolio recently. A license for Taiwan's fourth-generation high-speed mobile spectrum was won by the company in an auction in 2013, marking its entry into the telecom industry. It is also an effort to increase the variety of products made through contract manufacturing.

Founded: 1974
Headquarters: Tucheng, Taiwan
Website: https://www.foxconn.com/