Foxconn


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Foxconn

The world's largest electronics manufacturer and China's largest private employer, officially Hon Hai Precision Industry Co. Ltd. Founded in 1974 and headquartered in Taiwan, Foxconn employs nearly a million people in Europe, India, Brazil and Mexico, but mostly in China with the largest facility in the Longhua district of Shenzhen. Foxconn makes products for companies around the world, including customers such as Microsoft, Amazon, HP and IBM. Where Foxconn makes iPhones in Zhengzhou, China, locals call it "iPhone City."

Nobody Can Compete
Foxconn's customers claim that no organization in the world is as capable, flexible and committed to meet large-scale production deadlines and respond to last minute changes. The Chinese government has spent billions in support of the company.

A Lot of Notoriety
Foxconn has been in the news for the harsh treatment of its employees, many of whom live and work in company dormitories and endure long shifts. After a number of suicides in 2010, nets were draped around the buildings to prevent people from jumping out of windows. In addition, over the years, many workers have developed problems with their hands due to the repetitive motion required in their jobs.
References in periodicals archive ?
A report by human rights group China Labor Watch (CLW) suggests that Amazon Echo devices made by Taiwanese manufacturer Foxconn involve teenagers in China working 10 hours a day to make the items. 
Taiwan's electronics manufacturing giant Foxconn Technology Group is reportedly implementing across-the-board pay increases, a move that some speculate is a way for founder Terry Gou to woo voters after having announced his presidential bid.
Terry Gou, the chairman of Apple (AAPL) supplier Foxconn (HNHPF), is expected to travel to the U.S.
That's the message construction officials overseeing Foxconn Technology Group's massive factory project in Racine County delivered to a crowd of contractors on Wednesday.
Taiwan-based Foxconn, which makes flat-screen displays for Apple and other tech companies, had been looking for a site in the U.S.
Two days after Foxconn said it no longer planned to build a sprawling new factory in Wisconsin, the Taiwanese technology giant appears to have reversed course, citing a "personal conversation" with President Donald Trump.
Governor Scott Walker joined Foxconn Health Technology Business Group (Foxconn) officials and members of the Ginseng Board of Wisconsin to celebrate the new strategic agreements for Foxconn to purchase Wisconsin-grown American ginseng.
Now temporary staff at Foxconn factory in Hengyang, China, are being offered contracts, with sick and holiday pay.
Taipei/Shanghai: Foxconn Industrial Internet , a subsidiary of the world`s largest contract manufacturer Foxconn, said it plans to raise 27.1 billion yuan ($4.26 billion) in what will be the biggest Chinese initial public offering in about three years.
A unit of electronics manufacturing giant Foxconn said it will launch an initial public offering in China on Thursday aimed at raising $4.2 billion, in the biggest mainland debut for three years.
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, and Rockwell Automation are collaborating to implement Connected Enterprise and Industrial Internet of Things (IIoT) concepts for smart manufacturing in Foxconn's new US facilities, the companies said.
A recognized global industry leader, Foxconn created the 3C OEM service business model, eCMMS, incorporating vertical integration of mechanical, optical, and electronic components.