Hon Hai Precision Industry Co Ltd (Foxconn), trading as Foxconn Technology Group, is a manufacturer of electronics. The company's product portfolio comprises computer components and consumer electronics. It also offers smartphones, TVs, game consoles, feature phones, wearable devices, set-top boxes; cloud and networking products, including routers, servers, edge computing, data centers, and satellite communications; and computing products, including desktop computers, laptops, tablets, multifunction devices, and printers. Foxconn's portfolio mix also includes connectors, mechanical parts, optical components, electronic components, semiconductor products, automotive equipment and related services, logistics warehousing, and software development. The company has business presence in the US, Ireland, Vietnam, India, Mexico, China, Singapore, Japan, and Taiwan. Foxconn is headquartered in Taipei, Taiwan.
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Headquarters Taiwan
Address No. 2, Tzu Yu Street, Tucheng District, New Taipei, Taipei , 236
Website www.honhai.com
Telephone 886 2 22683466
No of Employees 1,290,000
Industry Technology and Communications
Ticker Symbol & Exchange 2317 (TPE)
Revenue (2022) $222.5B 10.6% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 1.6% (2022 vs 2021)
Market Cap* $46.2B
Net Profit Margin (2022) XYZ -8.2% (2022 vs 2021)
* As of and is in US$
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Hon Hai Precision Industry Co Ltd premium industry data and analytics
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Install Base
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IT Services Contracts
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ICT Spend & Tech Priorities
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Products and Services
| Products | Services |
|---|---|
| Smart Consumer Electronics: | Logistics Services |
| Smartphones | Customer Support |
| Televisions | Healthcare Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
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History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company signed a partnership with Poro Technologies for MicroLED Microdisplays for augmented reality applications. |
| 2023 | Plans/Strategy | In December, the company announced its plans to invest an additional US$1.67 billion in Karnataka, India. |
| 2023 | Contracts/Agreements | In December, the company partnered with BTQ Technologies Corp. and BTQ AG to enhance the standardization of post-quantum cryptography. |
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Competitor Comparison
| Key Parameters | Hon Hai Precision Industry Co Ltd | Intel Corp | Quanta Computer Inc | Compal Electronics Inc | Wistron Corp |
|---|---|---|---|---|---|
| Headquarters | Taiwan | United States of America | Taiwan | Taiwan | Taiwan |
| City | New Taipei | Santa Clara | Taoyuan | Taipei | Neihu |
| State/Province | Taipei | California | - | - | Taipei |
| No. of Employees | 1,290,000 | 131,900 | 121,917 | 67,156 | 82,955 |
| Entity Type | Public | Public | Public | Public | Public |
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Key Financial Charts
Sales Growth
Net Income Growth
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Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liu, Young-Way | President; Chief Executive Officer; Chairman | Executive Board | 2019 | - |
| Lee, Wei-Bin | Chief Information Security Officer | Senior Management | 2022 | - |
| Jun Seki | Chief Strategy Officer - Electric Vehicles | Senior Management | 2023 | - |
| Chiang, Chih-Siung | General Manager | Senior Management | - | - |
| Lin, Chung-Cheng | General Manager | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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I am an industry expert with extensive knowledge in the field of technology and communications, particularly in the realm of electronics manufacturing. My expertise spans various aspects of this industry, from the production of computer components to consumer electronics, smartphones, and networking products. I have a deep understanding of key players, market dynamics, and emerging trends.
Now, let's delve into the information provided about Hon Hai Precision Industry Co Ltd, commonly known as Foxconn Technology Group.
Hon Hai Precision Industry Co Ltd Overview:
- Background: Hon Hai Precision Industry Co Ltd, or Foxconn, is a prominent electronics manufacturer headquartered in Taipei, Taiwan.
- Product Portfolio: The company manufactures a diverse range of products, including computer components, consumer electronics, smartphones, TVs, game consoles, wearable devices, set-top boxes, cloud and networking products, computing products, connectors, mechanical parts, optical components, semiconductor products, automotive equipment, and related services. Foxconn is involved in logistics warehousing and software development as well.
- Global Presence: Foxconn has a significant business presence in various countries, including the US, Ireland, Vietnam, India, Mexico, China, Singapore, Japan, and Taiwan.
Financial Information:
- Revenue (2022): $222.5 billion, reflecting a 10.6% increase compared to 2021.
- Market Cap: $46.2 billion (as of the latest available data).
- Net Profit Margin (2022): -8.2%, indicating a decrease of 1.6% compared to 2021.
- Number of Employees: Foxconn employs a massive workforce of 1,290,000 individuals.
- Stock Ticker: 2317 on the Taipei Stock Exchange (TPE).
Recent Events:
- Partnerships and Investments (2023): Foxconn has been actively involved in strategic collaborations, such as partnering with Poro Technologies for MicroLED Microdisplays for augmented reality applications and investing an additional US$1.67 billion in Karnataka, India.
- Post-Quantum Cryptography Standardization (2023): Foxconn has collaborated with BTQ Technologies Corp. and BTQ AG to enhance the standardization of post-quantum cryptography.
Competitor Comparison:
- Foxconn faces competition from key players like Intel Corp, Quanta Computer Inc, Compal Electronics Inc, and Wistron Corp.
- The comparison includes parameters such as headquarters location, number of employees, and entity type.
Key Financial Charts and Executives:
- Financial charts provide insights into sales growth and net income growth.
- Key executives include Liu, Young-Way (President; Chief Executive Officer; Chairman), Lee, Wei-Bin (Chief Information Security Officer), Jun Seki (Chief Strategy Officer - Electric Vehicles), Chiang, Chih-Siung (General Manager), and Lin, Chung-Cheng (General Manager).
Premium Industry Data and Analytics:
- The article mentions premium industry data and analytics services that offer a holistic view of IT product/service deployments, insights into IT services contracts, and information on ICT spend and tech priorities related to Foxconn.
In conclusion, this comprehensive overview provides a 360-degree perspective on Hon Hai Precision Industry Co Ltd, empowering businesses to make informed decisions based on its financial performance, global presence, recent events, and competitive landscape.
