# Foxconn

> Taiwanese multinational electronics contract manufacturer

**Wikidata**: [Q463094](https://www.wikidata.org/wiki/Q463094)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Foxconn)  
**Source**: https://4ort.xyz/entity/foxconn

## Summary
Foxconn is a Taiwanese multinational electronics contract manufacturer founded in 1974 by Terry Gou. It is one of the world's largest electronics manufacturers, supplying components to major tech companies like Apple, Dell, and Hewlett-Packard. The company is known for its global manufacturing capabilities and strategic partnerships.

## Key Facts
- Founded in 1974 by Terry Gou in Taiwan.
- Headquarters located in New Taipei City, Taiwan.
- Employed approximately 618,460 people globally as of 2023.
- Annual revenue of $205.76 billion (2023).
- Net profit of $151.36 billion (2023).
- Industry classification: Electronics manufacturing services (EMS).
- Notable products include components for Apple devices, Dell computers, and Hewlett-Packard products.
- Collaborated with major tech firms such as Apple, Dell, and Hewlett-Packard.
- Foxconn is a subsidiary of Hon Hai Precision Industry Co., Ltd.
- Member of the Taiwan Stock Exchange (TWSE) and the New York Stock Exchange (NYSE).
- Operates under the legal entity name Hon Hai Precision Industry Co., Ltd.
- Has a global presence with subsidiaries and operations in multiple countries.
- Foxconn has developed and contributed to open-source initiatives, including the CE Linux Forum.
- The company’s stock is traded under the ticker symbol 2330 on the Taiwan Stock Exchange and HON on the New York Stock Exchange.

## FAQs
**What is Foxconn known for?**
Foxconn is known for its role as a global electronics manufacturing services (EMS) provider, supplying components to major tech companies like Apple, Dell, and Hewlett-Packard. It is one of the world's largest electronics manufacturers, known for its efficiency and innovation in the electronics industry.

**When was Foxconn founded, and by whom?**
Foxconn was founded in 1974 by Terry Gou in Taiwan. Gou initially established the company as a small electronics assembly company, which later evolved into a global leader in electronics manufacturing.

**What industries does Foxconn operate in?**
Foxconn operates primarily in the electronics manufacturing services (EMS) industry, producing a wide range of consumer and commercial products, including components for Apple devices, Dell computers, and Hewlett-Packard products.

**Is Foxconn still independent?**
No, Foxconn is a subsidiary of Hon Hai Precision Industry Co., Ltd. The company was acquired by Hon Hai in 2015, marking a major shift in corporate ownership.

**What are some notable products developed by Foxconn?**
Notable products developed by Foxconn include components for Apple devices, Dell computers, and Hewlett-Packard products. Foxconn also manufactures the Apple Watch, iPhone, and iPad, among other Apple products.

**What role did Foxconn play in space exploration?**
Foxconn manufactured the solar arrays used in the Smart Lander for Investigating Moon (SLIM), a lunar lander developed by JAXA, which successfully landed on the Moon in January 2024.

**What is Foxconn’s current financial status?**
As of recent reports, Foxconn had annual revenue of $205.76 billion, with approximately 618,460 employees. The company reported a net profit of $151.36 billion in 2023.

**What organizations is Foxconn a member of?**
Foxconn is a member of the Taiwan Stock Exchange (TWSE) and the New York Stock Exchange (NYSE). The company is also part of the Nikkei 225 stock index, reflecting its significance in the Japanese economy.

## Why It Matters
Foxconn matters because it is one of the world's largest electronics manufacturers, playing a pivotal role in shaping the global electronics industry. The company's global manufacturing capabilities and strategic partnerships with major tech firms like Apple, Dell, and Hewlett-Packard have made it a key player in the electronics supply chain. Foxconn's efficiency and innovation in electronics manufacturing have contributed to the development of cutting-edge technologies, including smartphones, tablets, and wearable devices. The company's involvement in space technology, such as manufacturing solar arrays for the SLIM lunar lander, underscores its ongoing role in advancing technological frontiers. Foxconn's financial strength and global presence have made it a trusted partner for major tech companies, ensuring the production of high-quality components and products.

## Notable For
- Being one of the world's largest electronics manufacturers, supplying components to major tech companies like Apple, Dell, and Hewlett-Packard.
- Developing and manufacturing the Apple Watch, iPhone, and iPad, among other Apple products.
- Contributing to the development of cutting-edge technologies, including smartphones, tablets, and wearable devices.
- Manufacturing the solar arrays used in the Smart Lander for Investigating Moon (SLIM), a lunar lander developed by JAXA, which successfully landed on the Moon in January 2024.
- Being a subsidiary of Hon Hai Precision Industry Co., Ltd., marking a major shift in corporate ownership.
- Being a member of the Taiwan Stock Exchange (TWSE) and the New York Stock Exchange (NYSE), reflecting its significance in the global economy.
- Being part of the Nikkei 225 stock index, reflecting its significance in the Japanese economy.
- Pioneering efficiency-driven manufacturing in the electronics industry.
- Producing a wide range of consumer and commercial products, including components for Apple devices, Dell computers, and Hewlett-Packard products.

## Body

### History and Founding
Foxconn was founded in 1974 by Terry Gou in Taiwan. Initially established as a small electronics assembly company, Foxconn began producing components for other manufacturers. Over the decades, the company expanded rapidly, becoming a global leader in electronics manufacturing. Foxconn's strategic focus on efficiency, automation, and supply chain management revolutionized the electronics industry, making it a key player in the global supply chain.

### Corporate Structure and Ownership
Foxconn operates as a subsidiary of Hon Hai Precision Industry Co., Ltd. The company is a public company traded on the Taiwan Stock Exchange under the ticker symbol 2330. It is also listed on the New York Stock Exchange as HON. In 2015, Foxconn was acquired by Hon Hai Precision Industry Co., Ltd., marking a major shift in corporate ownership. This acquisition was part of Hon Hai's strategy to expand into the electronics manufacturing industry.

### Products and Innovations
Foxconn has developed a wide array of consumer and commercial products. Notable innovations include:
- Components for Apple devices, including the Apple Watch, iPhone, and iPad.
- Components for Dell computers and Hewlett-Packard products.
- Manufacturing the solar arrays used in the Smart Lander for Investigating Moon (SLIM), a lunar lander developed by JAXA, which successfully landed on the Moon in January 2024.

Foxconn's involvement in space technology underscores its ongoing role in advancing technological frontiers. The company's products have had a lasting impact on consumer electronics and industrial applications, contributing to both everyday convenience and advanced technological systems.

### Financials and Operations
Foxconn reported annual revenue of approximately $205.76 billion, with approximately 618,460 employees. The company reported a net profit of $151.36 billion in 2023. Foxconn's financial strength and global presence have made it a trusted partner for major tech companies, ensuring the production of high-quality components and products.

### Industry and Memberships
Foxconn is a member of the Taiwan Stock Exchange (TWSE) and the New York Stock Exchange (NYSE). The company is also part of the Nikkei 225 stock index, reflecting its significance in the Japanese economy. Foxconn is a member of the Japan Electronics and Information Technology Industries Association (JEITA), which represents the interests of Japan's electronics sector.

### Subsidiaries and Collaborations
Foxconn operates several subsidiaries, including Sharp Corporation, which was acquired by Foxconn in 2016. The company has also been involved in collaborative efforts such as the CE Linux Forum, which promotes the use of Linux in consumer electronics. Foxconn's collaborations with major tech firms like Apple, Dell, and Hewlett-Packard have ensured the production of high-quality components and products.

### Headquarters and Locations
Foxconn's headquarters are located in New Taipei City, Taiwan. The company has a global presence with operations in multiple countries, including manufacturing and sales divisions in Asia, Europe, and North America. Foxconn's strategic locations have enabled the company to serve a diverse range of customers and markets.

### Legacy and Cultural Impact
Foxconn's legacy includes pioneering the development of early personal computing devices and LCD technology, which have had a lasting impact on consumer electronics. The company's innovations in home appliances and energy-efficient technologies have made it a household name in Taiwan and beyond. Foxconn's contributions to space exploration, particularly through the SLIM lunar lander, highlight its ongoing role in advancing technological frontiers.

### Affiliations and Partnerships
Foxconn has affiliations with several key entities, including:
- **Terry Gou**: Founder and former CEO of Foxconn, who played a pivotal role in shaping the company's vision and strategy.
- **Apple Inc.**: Foxconn is a major supplier of components for Apple devices, including the Apple Watch, iPhone, and iPad.
- **Dell**: Foxconn manufactures components for Dell computers, ensuring the production of high-quality products.
- **Hewlett-Packard**: Foxconn supplies components to Hewlett-Packard, contributing to the company's product lineup.
- **Hon Hai Precision Industry Co., Ltd.**: Foxconn is a subsidiary of Hon Hai, which acquired the company in 2015.
- **Taiwan Stock Exchange (TWSE)**: Foxconn is listed on the TWSE under the ticker symbol 2330.
- **New York Stock Exchange (NYSE)**: Foxconn is listed on the NYSE as HON.
- **Nikkei 225**: Foxconn is part of the Nikkei 225 stock index, reflecting its significance in the Japanese economy.
- **Japan Electronics and Information Technology Industries Association (JEITA)**: Foxconn is a member of JEITA, which represents the interests of Japan's electronics sector.

### Technical and Operational Details
- **Website**: [https://www.foxconn.com/](https://www.foxconn.com/)
- **LinkedIn**: [https://www.linkedin.com/company/foxconn](https://www.linkedin.com/company/foxconn)
- **Bloomberg Company ID**: **HON:US**
- **Google Knowledge Graph ID**: /g/11b6v5h3v, /g/11b6v5h3v
- **Google News Topics ID**: CAAqKAgKIiJDQkFTRXdvTkwyY3ZNVEZ6Wm5JMFozaHJOUklDWlc0b0FBUAE
- **Wikipedia Languages**: English, Chinese, Japanese, Korean, Russian, and others.
- **Commons Category**: [Foxconn](https://commons.wikimedia.org/wiki/Category:Foxconn)
- **Namuwiki ID**: 폭스콘
- **Stock Exchange Code**: TWSE: 2330, NYSE: HON
- **Taiwan Stock Exchange Identifier**: 2330

### Conclusion
Foxconn is a global leader in electronics manufacturing, known for its efficiency, innovation, and strategic partnerships. The company's financial strength, global presence, and technological advancements have made it a trusted partner for major tech companies. Foxconn's contributions to the electronics industry and its ongoing role in advancing technological frontiers have solidified its position as a key player in the global supply chain.

## References

1. Global LEI Index
2. GRID Release 2017-01-10
3. [Source](https://www.hkex.com.hk/eng/invest/company/profile_page_e.asp?WidCoID=2038&WidCoAbbName=&Month=&langcode=e)
4. [Source](https://www.wi-fi.org/membership/member-companies)
5. ROR release v1.19
6. Freebase Data Dumps. 2013
7. Czech National Authority Database
8. [Source](http://www.foxconn.com/Files/annual_rpt_e/2016_annual_rpt_e.pdf)
9. [Source](http://www.linux-usb.org/usb.ids)
10. [Source](https://group.softbank/news/press/20150618)
11. [Source](http://km.aifb.kit.edu/services/crunchbase/)
12. [Source](https://www.honhai.com/en-us/investor-relations/financial-information/financial-hightlights?section=income-statement)
13. GRID Release 2016-12-06
14. Quora
15. Aligned ISNI and Ringgold identifiers for institutions
16. [Source](https://academic.microsoft.com/institution/318025780)
17. National Library of Israel Names and Subjects Authority File
18. [FOXCONN latest news & coverage](https://www.channelnewsasia.com/news/topic/foxconn)