Foxconn

(redirected from Hon Hai Precision)

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.
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References in periodicals archive ?
Hon Hai Precision Industry, also known as Foxconn, would be the primary manufacturer of the phone.
Sources said that Apple has asked Hon Hai Precision, the parent company of Foxconn to ready both the standard version and a cheaper version of the iPhone with new upgrades and a less expensive model with fewer features, News.com.au reports.
and Taiwanese business partner Hon Hai Precision Industry Co., reported Monday a 7.4 billion yen net loss for the April-December period.
Summary: Sharp shares tumbled Wednesday morning after the Japanese electronics giant and Taiwan's Hon Hai Precision ...
27, 2012 (CENS)--Innolux Corp., a Taiwanese display panel supplier renamed from Chimei Innolux Corp., may join cooperation between Taiwan's Hon Hai Precision Co., Ltd.
Foxconn, owned by Taiwan's Hon Hai Precision Industry Co, said it was investigating with schools how the interns were sent to its factory.
is considering reviewing terms for Taiwanese firm Hon Hai Precision Industry Co.'s investment in the Japanese consumer electronics maker amid sharp falls in its share price on deteriorating earnings, sources close to the matter said Monday.
Looking at the business environment, Hon Hai Precision Industry, the key company of Hon Hai group, saw Sharp's LCD technology with high reputation, and decided to procure ultimately up to 50% of large-size LCD panels and LCD modules manufactured at the LCD panel plant in Sakai-city, Osaka, Japan.
BANKING AND CREDIT NEWS-December 12, 2011--Taiwan Ratings affirms twAA/twA-1+ ratings on Hon Hai Precision Industry(C)2011 M2 COMMUNICATIONS http://www.m2.com
India, May 23 -- The explosion that occurred on Friday at Foxconn's flagship manufacturing unit, Hon Hai Precision Industry Co.
Hon Hai Precision Industry Co Ltd, flagship of Taiwan's Foxconn Technology Group, would assemble the iPhone, one of the people said.
Taiwan's Hon Hai Precision announced during a shareholders meeting over the weekend a $64 million expansion plan for its new bases in Chengdu, in Sichuan province, and Zhengzhou, in Henan province.