|Hon Hai Precision Industry|
|Type||Public(TSEC: 2317)(SEHK: 2038)|
|Key people||Terry Guo (Chairman/President)|
|Revenue||▲$40. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The Taiwan Stock Exchange Corporation ( TSEC) is a Financial institution, located in Taipei 101, in Taipei, Taiwan. The Hong Kong Stock Exchange ( also 港交所 abbreviated as HKEX;) is the Stock exchange of Hong Kong. Year 1974 ( MCMLXXIV) was a Common year starting on Tuesday (link will display full calendar of the 1974 Gregorian calendar. Taipei ( Taiwanese Pe̍h-ōe-jī: Tâi-pak-chhī Jhuyin Fuhao: ㄊㄞˊ ㄅㄟˇ ㄕˋ Hakka: Thòi-pet-sṳ has been the capital of Taiwan ( Taiwanese: Tâi-oân/Tāi-oân (historically 大灣/台員/大員/台圓/大圓/台窩灣 is an Island in East Asia. Terry Tai-Ming Gou ( (born October 8th 1950 is a Taiwanese Tycoon who leads Hon Hai Precision, a company that manufactures electronics on contract for For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Electronics refers to the flow of charge (moving Electrons through Nonmetal conductors (mainly Semiconductors, whereas electrical In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 6 billion USD (2006)|
|Operating income||▲$1. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses 5 billion USD (2005)|
|Net income||▲$1. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. 3 billion USD (2005)|
|Website||Foxconn Technology Group|
Foxconn is the trade name of Hon Hai Precision Industry Co. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages A trade name, also known as a trading name or a business name, is the name which a Business trades under for commercial purposes although its registered (Ltd. ) (LSE: HHPD). The London Stock Exchange or LSE is a Stock exchange located in London, England. Foxconn is by far the largest contract manufacturer of electronics worldwide, even in midst of Flextronics merger with Solectron, Foxconn is still almost twice the size of the resulting new Flextronics. Solectron Corporation was a global electronics manufacturing company for Original equipment manufacturers (OEMs Although sometimes referred to as an Electronics Manufacturing Services or EMS, Foxconn would be more accurately described as a Joint Design Manufacturer or Joint Development Manufacturer. Electronic manufacturing services ( EMS) is a term used for companies that design test manufacture distribute and provide return/repair services for Electronic component
The company was founded in 1974 with the goal to make electronics usage an attainable luxury to all. It has been listed on the Taiwan Stock Exchange since 1991. The Taiwan Stock Exchange Corporation ( TSEC) is a Financial institution, located in Taipei 101, in Taipei, Taiwan. It is Taiwan's largest company, with a revenue of US$40. 6 billion in 2006.
Foxconn, like most Fortune 100 companies, has operations in Americas, Europe and Asia; in 2007 it employed 450,000 people in China and was China's largest exporter. The company opened its first manufacturing plant in China in 1988.
Foxconn makes a range of computer cases designed to appeal to system builders. A computer case (also known as the computer chassis, cabinet, tower, box, enclosure, housing or simply case Apple Inc. vertically integrated with Foxconn in 1986. Apple Inc, ( formerly Apple Computer Inc, is an American Multinational corporation with a focus on designing and manufacturing Consumer electronics In Microeconomics and Management, the term vertical integration describes a style of Management control.
Foxconn designs and manufactures several different motherboards, with many being sold to OEM distributors such as Dell and HP. A motherboard is the central or primary Printed circuit board (PCB making up a complex electronic system such as a modern Computer or Laptop The multinational technology company Dell Inc develops manufactures sells and supports Personal computers and other computer-related products Starting in 2003 the company has produced retail boards under its own brand name. Foxconn also makes PGA/ZIF sockets used by other OEMs such as ASUS. In Computing, Socket 478 is a type of CPU socket used for Intel 's Pentium 4 and Celeron series CPUs. ASUSTeK Computer Incorporated (Asus () ( is a Taiwan -based multinational company that produces Motherboards Graphics cards Optical drives
In March 2006, Foxconn branched into the manufacture of graphics cards, starting with a GeForce 7900GTX (branded as PX7900GTX) at clock speeds of 550 MHz / 1320 MHz for the core and memory respectively, but with intentions to market both NVIDIA and ATi boards. A video card, also known as a graphics accelerator card, display adapter, or graphics card, is a hardware component whose function is to The GeForce 7 Series is the seventh generation of Nvidia 's GeForce Graphics cards GeForce 7100 series The 7100 series was introduced The multinational NVIDIA Corporation ( (ɪnˈvɪdiə specializes in the manufacture of graphics-processor technologies for Workstations
Foxconn manufactures stock heat sink fans for some AMD processors, including but not limited to their K8N Dual Core Opterons. A heat sink (or heatsink) is an environment or object that absorbs and dissipates heat from another object using Thermal contact (either direct or radiant A multi-core processor (or chip-level multiprocessor, CMP) combines two or more independent cores into a single package composed of a single Integrated The Opteron is AMD 's X86 server processor line and was the first processor to implement the AMD64 Instruction set architecture (known
Foxconn is the OEM for the Xbox 360, PlayStation 2, PlayStation 3, PlayStation Portable and Wii. The Xbox 360 is the second Video game console produced by Microsoft, and was developed in cooperation with IBM, ATI, and SiS. The PlayStation Portable (officially abbreviated PSP) is a Handheld game console manufactured and marketed by Sony Computer Entertainment.
Foxconn is one of the OEMs for iPod nanos, MacBook Pros, MacBook Airs and iPhones. The iPod Nano (marketed lowercase as iPod nano) is a Portable media player designed and marketed by Apple Inc. The MacBook Pro is a line of Macintosh portable Computers by Apple Inc The MacBook Air is a thin lightweight Macintosh Notebook computer designed by Apple. The iPhone is an internet-connected Multimedia Smartphone designed and marketed by Apple Inc
PCAs and Chassis.
Foxconn OEMs Motorola, Nokia, Sony Ericsson cell phones.
Cell phones are produced by Foxconn International Holdings Ltd. , a HK based company, also the world's largest handset manufacturing services provider.
Incidentally, FIH is also known for having a legal action against a China based company, BYD. BYD had been known for allegedly infringing on many international firms' intellectual property, such as Sanyo (filed suit), Sony, Toyota. . . etc.
Foxconn counts the world's top 5 handset brands as its customers.
In June 2006, allegations of Foxconn operating abusive employment practices came to light as reported by Mail that were later denied by Foxconn.  Apple launched an investigation into such claims. Apple Inc, ( formerly Apple Computer Inc, is an American Multinational corporation with a focus on designing and manufacturing Consumer electronics  The result was that the claims of mistreatment of employees were judged by the Apple inspection team to be largely unfounded, but the inspection team also discovered that at peak production times some of the employees were working more hours than Apple's acceptable "Code of Conduct" limit of 60 hours, and 25% of the time workers did not get at least one day off each week. These same workers complained there was not enough overtime in off peak periods. The auditing team also found that workers had been punished by being made to stand to attention for long periods, whilst the team found that this practice was not widespread, it should also be remembered that all junior employees are subjected to military-style drill at least as part of their initial training. The audit also noted that "some aspects of workplace auditing (such as health and safety) lie beyond our current expertise".
Although admitted it makes workers do an extra 80 hours overtime per month while the local labor law only permits 36 hours, Foxconn are now suing the journalists (Wang You and Weng Bao of China Business News). The demand was for $3. 77 million originally and have lodged a successful Chinese court ruling to have the journalists' assets frozen.  Many think the astronomical demands and the court ruling were absurd.  Reporters Without Borders sent a letter to Apple Computer CEO Steve Jobs to implore Foxconn to drop the case. Apple Inc, ( formerly Apple Computer Inc, is an American Multinational corporation with a focus on designing and manufacturing Consumer electronics Steven Paul Jobs (born February 24 1955 is the Co-founder, Chairman, and CEO of Apple Inc and former CEO of Pixar Animation  Later Foxconn reduced the demand to a symbolic 1 yuan (12 U. S. cents), withdrew the request to freeze the journalists' personal assets, and initiated legal proceedings to sue their employer China Business News. Many have heralded these turn of events as evidence of mass media and negative publicity forcing the hand of big business; leading them to a more appropriate course of action. 
Foxconn tapped Indiana’s manufacturing labor force when they opened a computer manufacturing facility for Compaq in May 2000. Initially promising, the facility was plagued by high turnover rate and quality issues. Management met in December 2000 and agreed to close the facility by June 2001. Remaining manufacturing for Compaq was transferred to Houston, TX, and Fullerton, CA. After Hewlett Packard acquired Compaq, Foxconn agreed to open manufacturing again in Indianapolis, IN starting on May 2003, which later transitioned to Plainfield, IN in early 2006.  Many employees that worked for Foxconn’s Indianapolis plant in May 2000 were called upon to return, but a significant fraction refused. Those that did return would soon leave citing poor management, specifically referring to the ineptitude of the plant manager, Ke Lan, and little opportunities for professional growth.
On October 25, 2006, Hendricks County Sheriff’s department were called to escort and arrest several employees from the Plainfield facility, including shipping supervisor Phillip Maiden pending further investigation of the high dollar value of missing HP computers. Charges were filed but later dismissed with prejudice. Mr. Maiden was credited with time served. As of December 28, 2007, Mr. Maiden is currently being charged with mail fraud by the U. S. Department of Justice.  He is being charged with shipping computers to himself and acquaintances without Q-Edge's knowledge, resulting in a loss over $100,000.