Foxconn

Hon Hai Precision Industry Co., Ltd., trading as Foxconn, is a Taiwanese electronics conglomerate founded in 1974 by Terry Gou in Taipei. The company is the world's largest contract electronics manufacturer (EMS — Electronics Manufacturing Services) and one of the largest private employers globally — its peak Chinese workforce exceeded one million people. Foxconn produces hardware for the world's leading electronics brands — including iPhone, iPad and AirPods (Apple), Xbox consoles (Microsoft), PlayStation (Sony), Pixel (Google), Nintendo Switch, BlackBerry and Kindle (Amazon). As of 2012 it was estimated that Foxconn factories made about 40% of all consumer electronics sold worldwide. The global headquarters are located in Tucheng District, New Taipei City, while its largest production complexes are in Shenzhen (Foxconn City, Longhua) and Zhengzhou (iPhone City) in China. The company operates 137 sites across 24 countries. Since 2019 Foxconn has been led by Young Liu, who succeeded founder Terry Gou. The group is aggressively expanding in AI server manufacturing for hyperscalers, semiconductors and electric vehicles (Foxtron). Foxconn is listed on the Taiwan Stock Exchange (TWSE: 2317), ranked 20th in the 2023 Fortune Global 500, and owns a majority (66%) stake in Japan's Sharp Corporation.