Hon Hai Precision Industry Co., Ltd.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Michael Chiang
- Full Time Employees
- 826,608
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Address
- No.2, Zihyou Street New Taipei City TP Taiwan, Province of China 236
- IPO Date
- Jun 12, 2008
- Website
- honhai.com.tw
- Similar Companies
- Business
- Hon Hai Precision Industry Co., Ltd. (Foxconn or Hon Hai Technology Group) manufactures electronic components and assembles finished products for consumer electronics, computing, communications, cloud networking, and automotive sectors; core offerings include smartphones, feature phones, wearable devices, televisions, game consoles, set-top boxes, audio systems, servers, communication networks, connectors, optical and electronic components, semiconductor products, automotive equipment, logistics warehousing, software development, healthcare services, and industrial internet solutions. Founded in 1974 and headquartered in New Taipei City, Taiwan, the company operates extensive manufacturing facilities across Asia (including China, India, Japan, Vietnam, Malaysia), the Americas (U.S., Mexico), and Europe (Czech Republic), serving global technology leaders through its innovative integrated design and manufacturing model. Recent developments include a $569 million expansion of its Mount Pleasant, Wisconsin facility to enhance AI server production and create 1,374 jobs, a collaboration with OpenAI for AI infrastructure hardware design and U.S. manufacturing, an MOU with Mitsubishi Electric for AI data center solutions, multiple subsidiary acquisitions totaling $300 million such as Fushan Technology Vietnam and Foxconn Interconnect Technology Singapore, an $84 million stake in FII AMC Mexico for AI server capacity amid nearshoring, and commitments to RE100 for 100% renewable energy by 2040 with SBTi-validated net-zero targets by 2050.
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