Foxconn: Difference between revisions
Jangirpawan (talk | contribs) Foxconn booked this deal on 16 March 2023 Tags: Reverted Visual edit |
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{{Short description|Taiwanese multinational electronics contract manufacturer |
{{Short description|Taiwanese multinational electronics contract manufacturer}} |
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{{Use dmy dates|date=April 2021}} |
{{Use dmy dates|date=April 2021}} |
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{{Infobox company |
{{Infobox company |
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| name = Hon Hai Precision Industry Co. Ltd. |
| name = Hon Hai Precision Industry Co., Ltd. |
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| native_name = {{lang|zh-Hant|鴻海精密工業股份有限公司}} |
| native_name = {{lang|zh-Hant|鴻海精密工業股份有限公司}} |
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| logo = |
| logo = FoxconnLogo-special.svg |
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| logo_size = |
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| trade_name = {{Unbulleted list|Hon Hai Technology Group ({{lang|zh|鴻海科技集團}})|Foxconn ({{lang|zh|富士康}})}} |
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| logo_caption = Logo |
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| trade_name = {{Unbulleted list|Hon Hai Technology Group ({{lang|zh-hant|鴻海科技集團}})|Foxconn Technology Group ({{lang|zh-hans|富士康科技集团)}}|Foxconn}} |
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| romanized_name = Hónghǎi Jīngmì Gōngyè Gǔfèn Yǒuxiàn Gōngsī |
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| former_name = Hon Hai Plastics Corporation ({{lang|zh-hant|鴻海塑料企業有限公司}}) (1974–1982) |
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| type = [[Public company|Public]] |
| type = [[Public company|Public]] |
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| traded_as = {{Unbulleted list|{{tse|2317}}|{{lse|HHPD}}}} |
| traded_as = {{Unbulleted list|{{tse|2317}}|{{lse|HHPD}}}} |
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| foundation = {{start date and age|1974|02|20|df=y}} (as Hon Hai Precision Industry Co., Ltd.) |
| foundation = {{start date and age|1974|02|20|df=y}} (as Hon Hai Precision Industry Co., Ltd.) |
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| founder = [[Terry Gou]] |
| founder = [[Terry Gou]] |
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| location_city = [[Tucheng District]], [[New Taipei]], |
| location_city = [[Tucheng District]], [[New Taipei]], Taiwan |
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| area_served = Worldwide |
| area_served = Worldwide |
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| key_people = Young Liu ([[Chairperson#Public corporations|chairman]] and [[President (corporate title)|president]]) |
| key_people = Young Liu ([[Chairperson#Public corporations|chairman]] and [[President (corporate title)|president]]) |
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| products = {{Unbulleted list|[[Consumer electronics|Electronics]]|[[Electronic components]]|[[Printed circuit board|PCBs]]|[[Integrated circuits]]}} |
| products = {{Unbulleted list|[[Consumer electronics|Electronics]]|[[Electronic components]]|[[Printed circuit board|PCBs]]|[[Integrated circuits]]}} |
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| services = [[Electronics manufacturing services]] |
| services = [[Electronics manufacturing services]] |
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| revenue = NT$ 6.626 trillion (2022) ~US$213.90 billion <ref name="foxconn">{{cite web |url=https://www.honhai.com/en-us/investor-relations/financial-information/financial-hightlights?section=income-statement |title=Foxconn Investor Relations website |website=honhai.com |access-date=28 June 2023 |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224818/https://www.honhai.com/en-us/investor-relations/financial-information/financial-hightlights?section=income-statement |url-status=live }}</ref> |
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| revenue = US$ 175 billion (2021)<ref name="foxconn">{{cite web|url=https://image.honhai.com/financy_by_year/R0906000371%E9%B4%BB%E6%B5%B7%E5%B9%B4%E5%A0%B1_en_1592574061.pdf|title=Hon Hai Precision Industry Co., Ltd. 2019 Annual Report}}</ref> |
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| operating_income = NT$ |
| operating_income = NT$ 173.78 billion (2022) ~US$5.61 billion <ref name="foxconn"/> |
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| net_income = NT$ |
| net_income = NT$ 141.48 billion (2022) ~US$4.57 billion <ref name="foxconn"/> |
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| assets = NT$ |
| assets = NT$ 4.133 trillion (2022) ~US$133.42 billion <ref name="foxconn"/> |
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| equity = NT$1. |
| equity = NT$ 1.650 trillion (2022) ~US$53.27 billion <ref name="foxconn"/> |
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| num_employees = {{ |
| num_employees = {{decrease}} 767,062 (2022) (Taiwan employee data only)<ref>{{cite web |url=https://image.honhai.com/financy_by_year/%E9%B4%BB%E6%B5%B7111%E5%B9%B4%E5%A0%B1_EN(0516%E8%BF%BD%E5%8A%A0)_for_Print.pdf |title=Foxconn annual report |website=honhai.com |access-date=28 June 2023 |archive-date=28 June 2023 |archive-url=https://web.archive.org/web/20230628002248/https://image.honhai.com/financy_by_year/%E9%B4%BB%E6%B5%B7111%E5%B9%B4%E5%A0%B1_EN(0516%E8%BF%BD%E5%8A%A0)_for_Print.pdf |url-status=live }}</ref> |
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| parent = |
| parent = |
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| subsid = {{plainlist| |
| subsid = {{plainlist| |
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* |
*[[Foxconn Industrial Internet]] |
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*[[Foxtron]] |
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*FIT Foxconn Interconnect Technology |
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*[[FIT Foxconn Interconnect Technology]] |
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*[[FIH Mobile]] |
*[[FIH Mobile]] |
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*ShunSin |
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*Healthconn |
*Healthconn |
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*CircuTech |
*CircuTech |
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*Asia Pacific Telecom |
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*[[Sharp Corporation]] |
*[[Sharp Corporation]] |
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*[[Zhen Ding Technology]] |
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*[[Foxconn Technology Co., Ltd.]] |
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*[[Foxsemicon Integrated Technology Inc.]] |
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*GIS |
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* Pan-International |
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*Eson Precision Ind. Co., Ltd. |
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*Zhong Yang |
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*[[Maxnerva Technology Services Co., Ltd.]] |
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*[[Smart Technologies]] |
*[[Smart Technologies]] |
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*[[Belkin]]}} |
*[[Belkin]]}} |
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| homepage = {{ |
| homepage = {{URL|https://www.honhai.com/en-us/}} |
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}} |
}} |
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{{Infobox Chinese |
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{{Chinese |
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| t = 鴻海精密工業股份有限公司 |
| t = 鴻海精密工業股份有限公司 |
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| s = 鸿海精密工业股份有限公司 |
| s = 鸿海精密工业股份有限公司 |
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| p = Hónghǎi Jīngmì Gōngyè Gǔfèn |
| p = Hónghǎi Jīngmì Gōngyè Gǔfèn Yǒuxiàn Gōngsī |
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| tl = |
| tl = Hông-hái Ching-bi̍t Kong-gi̍p Kú-hūn Iú-hān Kong-si |
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| |
| altname = Hon Hai Technology Group |
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| altname = Trading name in Chinese |
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| t2 = 鴻海科技集團 |
| t2 = 鴻海科技集團 |
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| s2 = 鸿海科技集团 |
| s2 = 鸿海科技集团 |
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| p2 = Hónghǎi Kējì Jítuán |
| p2 = Hónghǎi Kējì Jítuán |
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| |
| altname3 = Foxconn Technology Group |
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| p3 = Fùshìkāng Kējì Jítuán |
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| bpmf = ㄏㄨㄥˊㄏㄞˇ ㄐ丨ㄥㄇ丨ˋ ㄍㄨㄥ一ㄝˋ ㄍㄨˇㄈㄣˋ一ㄡˇㄒ丨ㄢˋㄍㄨㄥㄙ |
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| j = hung4 hoi2 zing1 mai6 gung1 jip6 gu2 fan6 jau5 haan6 gung1 si1 |
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| bpmf2 = ㄏㄨㄥˊㄏㄞˇ ㄎㄜㄐ丨ˋ ㄐ丨ˊㄊㄨㄢˊ |
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| t3 = 富士康科技集團 |
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| altname3 = International trade name |
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| |
| s3 = 富士康科技集团 |
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| title = Hon Hai Precision Industry Co., Ltd. |
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| p3 = Fùshìkāng |
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| l3 = Foxconn |
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| bpmf3 = ㄈㄨˋㄕˋㄎㄤ |
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}} |
}} |
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{{multiple image |
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| direction = vertical |
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| image_style = border:none; |
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| header = Foxconn logos used for each region |
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| align = right |
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| image1 = FoxconnLOGO-tw.svg |
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| caption1 = The logo used in Taiwan |
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| image2 = FoxconnLOGO-cn.svg |
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| caption2 = The logo used in Mainland China |
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| image3 = FoxconnLOGO-worldwide.svg |
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| caption3 = The logo used outside of Taiwan and Mainland China |
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}} |
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'''Hon Hai Precision Industry Co., Ltd.''' ({{Lang|zh-hant|鴻海精密工業股份有限公司}}), [[Trade name|doing business as]] '''Hon Hai Technology Group''' ({{Lang|zh-hant|鴻海科技集團}}) in Taiwan, '''Foxconn Technology Group''' ({{Lang|zh-hans|富士康科技集团}}) in Mainland China, and '''Foxconn''' ({{Lang|zh-hant|富士康}}) internationally, is a Taiwanese [[multinational corporation|multinational]] [[electronics]] [[contract manufacturer]] established in 1974 with headquarters in [[Tucheng District]], New Taipei City, Taiwan. In 2023, the company's annual revenue reached {{Currency|{{Format price|6162000000000}}|TWD|passthrough=yes|first=y}} ({{US$|{{Format price|192377640000}}|2023|link=yes}}) and was ranked 20th in the 2023 [[Fortune Global 500|''Fortune'' Global 500]]. It is the world's largest contract manufacturer of electronics.<ref>{{Cite news |date=2023-09-17 |title=Foxconn aims to double jobs, investment in India over next 12 months |language=en |work=Reuters |url=https://www.reuters.com/technology/foxconn-aims-double-jobs-investment-india-over-next-12-months-2023-09-17/ |access-date=2023-09-18}}</ref> While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the [[List of largest employers|largest employers]] worldwide.<ref>{{cite news|date=2016-12-29|title=How China Built 'iPhone City' With Billions in Perks for Apple's Partner|newspaper=The New York Times|url=https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html|access-date=29 July 2017|archive-date=11 January 2017|archive-url=https://web.archive.org/web/20170111002559/https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html|url-status=live}}</ref><ref>{{cite web|url=https://www.weforum.org/agenda/2015/06/worlds-10-biggest-employers/|title=Who is the world's biggest employer? The answer might not be what you expect.|date=17 June 2015|publisher=World Economic Forums|access-date=2017-07-28|archive-date=24 August 2019|archive-url=https://web.archive.org/web/20190824021618/https://www.weforum.org/agenda/2015/06/worlds-10-biggest-employers/|url-status=live}}</ref> [[Terry Gou]] is the company founder and former chairman. |
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Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the [[BlackBerry]],<ref>{{cite news | url=https://www.usatoday.com/story/tech/2013/12/20/blackberry-earnings/4140253/ | work=USA Today | first1=Brett | last1=Molina | title=BlackBerry shares surge 15.5% on Foxconn deal | date=2013-12-20 | access-date=28 August 2017 | archive-date=25 April 2022 | archive-url=https://web.archive.org/web/20220425114907/https://www.usatoday.com/story/tech/2013/12/20/blackberry-earnings/4140253/ | url-status=live }}</ref> [[iPad]],<ref>{{cite web|url=http://www.businessinsider.com/apple-adding-more-ipad-production-lines-to-meet-holiday-and-2011-demand-2010-11|title=Apple Adding More iPad Production Lines To Meet Holiday and 2011 Demand|last=Blodget|first=Henry|date=23 November 2010|work=[[Business Insider]]|publisher=[[Axel Springer SE]]|access-date=28 October 2017|archive-date=9 April 2022|archive-url=https://web.archive.org/web/20220409151726/https://www.businessinsider.com/apple-adding-more-ipad-production-lines-to-meet-holiday-and-2011-demand-2010-11|url-status=live}}</ref> [[iPhone]], [[iPod]],<ref name=wsj>{{cite web|url=https://www.wsj.com/articles/SB118677584137994489|title=The Forbidden City of Terry Gou|last=Dean|first=Jason|date=11 August 2007|work=[[The Wall Street Journal]]|access-date=28 October 2017|url-access=subscription|archive-date=1 December 2016|archive-url=https://web.archive.org/web/20161201132812/http://www.wsj.com/articles/SB118677584137994489|url-status=live}}</ref> [[Amazon Kindle|Kindle]],<ref name=computerworld/> all [[Nintendo]] gaming systems since the [[GameCube]], [[Nintendo DS]] models, [[Sega]] models, [[HMD Global|Nokia]] devices, [[Cisco]] products, [[Sony]] devices (including most [[PlayStation]] gaming consoles), [[Google Pixel]] devices, [[Xiaomi]] devices, every successor to [[Microsoft]]'s [[Xbox (console)|Xbox]] console,<ref>{{cite web|url=https://www.ign.com/articles/2012/10/18/iphone-wii-u-manufacturer-admits-to-employing-children/|title=iPhone, Wii U Manufacturer Admits to Employing Children|last=George|first=Richard|date=17 October 2012|work=[[IGN]]|access-date=28 October 2017|archive-date=25 April 2022|archive-url=https://web.archive.org/web/20220425174309/https://www.ign.com/articles/2012/10/18/iphone-wii-u-manufacturer-admits-to-employing-children/|url-status=live}}</ref> and several CPU sockets, including the [[Socket TR4|TR4 CPU]] socket on some motherboards. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide.<ref>{{Cite news|url=https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html|title=Apple, America and a Squeezed Middle Class|last1=Duhigg|first1=Charles|date=2012|work=The New York Times|access-date=2018-02-03|last2=Bradsher|first2=Keith|language=en-US|issn=0362-4331|archive-date=29 August 2018|archive-url=https://web.archive.org/web/20180829184015/https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html|url-status=live}}</ref> |
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'''Hon Hai Precision Industry Co., Ltd.''', [[Trade name|trading as]] '''Hon Hai Technology Group''' in [[China]] and [[Taiwan]] and '''Foxconn''' internationally, is a Taiwanese [[multinational corporation|multinational]] [[electronics]] [[contract manufacturer]] established in 1974 with headquarters in [[Tucheng District|Tucheng]], [[New Taipei City]], [[Taiwan]]. In 2021, the company's annual revenue reached {{Currency|{{Format price|5990000000000}}|TWD|passthrough=yes|first=y}} ({{US$|{{Format price|175062127318}}|link=yes}}) and was ranked 20th in the 2022 [[Fortune Global 500]]. It is the world's largest technology manufacturer and service provider. While headquartered in Taiwan, the company earns the majority of its revenue from assets in mainland China and is one of the [[List of largest employers|largest employers]] worldwide.<ref>{{cite news|date=2016-12-29|title=How China Built 'iPhone City' With Billions in Perks for Apple's Partner|newspaper=The New York Times|url=https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html}}</ref><ref>{{cite web|url=https://www.weforum.org/agenda/2015/06/worlds-10-biggest-employers/|title=Who is the world's biggest employer? The answer might not be what you expect.|publisher=World Economic Forums|access-date=2017-07-28}}</ref> [[Terry Gou]] is the company founder and former chairman. |
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Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the [[BlackBerry]],<ref>{{cite news| url=https://www.usatoday.com/story/tech/2013/12/20/blackberry-earnings/4140253/ | work=USA Today | first1=Brett | last1=Molina | title=BlackBerry shares surge 15.5% on Foxconn deal | date=2013-12-20}}</ref> [[iPad]],<ref>{{cite web|url=http://www.businessinsider.com/apple-adding-more-ipad-production-lines-to-meet-holiday-and-2011-demand-2010-11|title=Apple Adding More iPad Production Lines To Meet Holiday and 2011 Demand|last=Blodget|first=Henry|date=23 November 2010|work=[[Business Insider]]|publisher=[[Axel Springer SE]]|access-date=28 October 2017}}</ref> [[iPhone]], [[iPod]],<ref name=wsj>{{cite web|url=https://www.wsj.com/articles/SB118677584137994489|title=The Forbidden City of Terry Gou|last=Dean|first=Jason|date=11 August 2007|work=[[The Wall Street Journal]]|access-date=28 October 2017|url-access=subscription}}</ref> [[Amazon Kindle|Kindle]],<ref name=computerworld/> all [[Nintendo]] gaming systems since the [[GameCube]] (except subsequent [[Nintendo DS]] models), [[HMD Global|Nokia]] devices, [[Cisco]] products, [[Sony]] devices (including the [[PlayStation 3]] and [[PlayStation 4]] gaming consoles), [[Google Pixel]] devices, [[Xiaomi]] devices, every successor to [[Microsoft]]'s first [[Xbox (console)|Xbox]] console,<ref>{{cite web|url=https://www.ign.com/articles/2012/10/18/iphone-wii-u-manufacturer-admits-to-employing-children/|title=iPhone, Wii U Manufacturer Admits to Employing Children|last=George|first=Richard|date=17 October 2012|work=[[IGN]]|access-date=28 October 2017}}</ref> and several CPU sockets, including the [[Socket TR4|TR4 CPU]] socket on some motherboards. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide.<ref>{{Cite news|url=https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html|title=Apple, America and a Squeezed Middle Class|last1=Duhigg|first1=Charles|date=2012|work=The New York Times|access-date=2018-02-03|last2=Bradsher|first2=Keith|language=en-US|issn=0362-4331}}</ref> |
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Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. Young Liu was the special assistant to former chairman Terry Gou and the head of business group S (semiconductor). Analysts said the handover signals the company's future direction, underscoring the importance of [[semiconductor]]s, together with technologies like [[artificial intelligence]], [[robotics]], and [[Self-driving car|autonomous driving]], after Foxconn's traditional major business of smartphone assembly has matured.<ref>{{Cite news|url=https://www.scmp.com/tech/big-tech/article/3016004/foxconns-new-chairman-spotlight-iphone-assembler-navigates-escalating|title=Foxconn's new chairman Liu Young-way in spotlight as iPhone assembler navigates US-China trade war |
Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. Young Liu was the special assistant to former chairman Terry Gou and the head of business group S (semiconductor). Analysts said the handover signals the company's future direction, underscoring the importance of [[semiconductor]]s, together with technologies like [[artificial intelligence]], [[robotics]], and [[Self-driving car|autonomous driving]], after Foxconn's traditional major business of smartphone assembly has matured.<ref>{{Cite news|url=https://www.scmp.com/tech/big-tech/article/3016004/foxconns-new-chairman-spotlight-iphone-assembler-navigates-escalating|title=Foxconn's new chairman Liu Young-way in spotlight as iPhone assembler navigates US-China trade war|access-date=2019-06-26|last=Chen|first=Celia|language=en-US|archive-date=31 January 2022|archive-url=https://web.archive.org/web/20220131100757/https://www.scmp.com/tech/big-tech/article/3016004/foxconns-new-chairman-spotlight-iphone-assembler-navigates-escalating|url-status=live}}</ref> |
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==History== |
==History== |
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[[File:Foxconn 2EG04927-D2D-DF 20140403 tag.jpg|thumb|Foxconn connector box tag in 2014]] |
[[File:Foxconn 2EG04927-D2D-DF 20140403 tag.jpg|thumb|Foxconn connector box tag in 2014]] |
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Terry Gou established Hon Hai Precision Industry Co., Ltd. as an electrical components manufacturer in 1974 in Taipei |
Terry Gou established Hon Hai Precision Industry Co., Ltd. as an electrical components manufacturer in 1974 in Taipei, Taiwan. Foxconn's first manufacturing plant in [[Mainland China]] opened in [[Longhua Subdistrict, Shenzhen|Longhua Town, Shenzhen]], in 1988.<ref name=wsj/> |
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One of the important milestones for Foxconn occurred in 2001 when [[Intel]] selected the company to manufacture its [[Intel]]-branded [[motherboard]]s instead of [[Asus]].<ref>{{cite book|author=Mueller, Scott |date=2012|title=Upgrading and Repairing PCs|url=https://archive.org/details/upgradingrepairi00muel_008 |url-access=limited |edition=20th |location= Indianapolis|publisher=Que|page= [https://archive.org/details/upgradingrepairi00muel_008/page/n40 24]|isbn= 978-0-7897-4710-5}}</ref> By November 2007, Foxconn further expanded with an announced plan to build a new US$500 million plant in [[Huizhou]], Southern China.<ref>{{cite news|url=https://www.reuters.com/article/idUSHKG30408220071122|title=Foxconn International plans new $500 million South China plant|access-date=17 February 2012|work=Reuters|date=22 November 2007}}</ref> |
One of the important milestones for Foxconn occurred in 2001 when [[Intel]] selected the company to manufacture its [[Intel]]-branded [[motherboard]]s instead of [[Asus]].<ref>{{cite book|author=Mueller, Scott |date=2012|title=Upgrading and Repairing PCs|url=https://archive.org/details/upgradingrepairi00muel_008 |url-access=limited |edition=20th |location= Indianapolis|publisher=Que|page= [https://archive.org/details/upgradingrepairi00muel_008/page/n40 24]|isbn= 978-0-7897-4710-5}}</ref> By November 2007, Foxconn further expanded with an announced plan to build a new US$500 million plant in [[Huizhou]], Southern China.<ref>{{cite news|url=https://www.reuters.com/article/idUSHKG30408220071122|title=Foxconn International plans new $500 million South China plant|access-date=17 February 2012|work=Reuters|date=22 November 2007|archive-date=25 April 2022|archive-url=https://web.archive.org/web/20220425143946/https://www.reuters.com/article/idUSHKG30408220071122|url-status=live}}</ref> |
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In January 2012, Foxconn named Tien Chong (Terry) Cheng chief executive of its subsidiary FIH Mobile Limited.<ref>{{cite web | |
In January 2012, Foxconn named Tien Chong (Terry) Cheng chief executive of its subsidiary FIH Mobile Limited.<ref>{{cite web |title=Foxconn CEO to Resign| url=http://investing.businessweek.com/research/stocks| archive-date=29 May 2014 | archive-url=https://web.archive.org/web/20140529051400/http://circuitsassembly.com/cms/news/13048-foxconn-ceo-to-resign | url-status=dead|publisher=Circuits Assembly|author= Mike Buetow}}</ref> At this time, Foxconn made up approximately 40% of worldwide consumer electronics production.<ref>{{Cite news|url=https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html|title=Apple, America and a Squeezed Middle Class|last1=Duhigg|first1=Charles|date=21 January 2012|work=[[The New York Times]]|access-date=4 September 2018|last2=Bradsher|first2=Keith|language=en|archive-date=29 August 2018|archive-url=https://web.archive.org/web/20180829184015/https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html|url-status=live}}</ref> |
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Expansion was further pursued after a March 2012 acquisition of a 10-percent stake in the Japanese electronics company [[Sharp Corporation]] for US$806 million and to purchase up to 50 percent of the [[LCD]]s produced at Sharp's plant in [[Sakai, Japan]].<ref>{{cite news|url=https://www.washingtonpost.com/business/industries/foxconn-owner-hon-hai-buying-10-percent-stake-in-japanese-electronics-giant-sharp/2012/03/27/gIQAvlBFeS_story.html|title=Foxconn owner Hon Hai buying 10 percent stake in Japanese electronics giant Sharp for $806M|access-date=27 March 2012|newspaper=The Washington Post|date=27 March 2012|archive-url=https://web.archive.org/web/20181129012903/https://www.washingtonpost.com/business/industries/foxconn-owner-hon-hai-buying-10-percent-stake-in-japanese-electronics-giant-sharp/2012/03/27/gIQAvlBFeS_story.html|archive-date=29 November 2018|url-status=dead|df=dmy-all}}</ref> However, the agreed deal was broken as Sharp's shares continued to plunge in the following months.<ref>{{Cite news|url=https://www.computerworld.com/article/2495834/foxconn-deal-to-become-major-shareholder-in-sharp-falls-apart.html|title=Foxconn deal to become major shareholder in Sharp falls apart|date=26 March 2013|work=[[Computer World]]|language=en}}</ref> In September 2012, Foxconn announced plans to invest US$494 million in the construction of five new factories in [[Itu, Brazil]], creating 10,000 jobs.<ref>{{cite news |
Expansion was further pursued after a March 2012 acquisition of a 10-percent stake in the Japanese electronics company [[Sharp Corporation]] for US$806 million and to purchase up to 50 percent of the [[LCD]]s produced at Sharp's plant in [[Sakai, Japan]].<ref>{{cite news|url=https://www.washingtonpost.com/business/industries/foxconn-owner-hon-hai-buying-10-percent-stake-in-japanese-electronics-giant-sharp/2012/03/27/gIQAvlBFeS_story.html|title=Foxconn owner Hon Hai buying 10 percent stake in Japanese electronics giant Sharp for $806M|access-date=27 March 2012|newspaper=The Washington Post|date=27 March 2012|archive-url=https://web.archive.org/web/20181129012903/https://www.washingtonpost.com/business/industries/foxconn-owner-hon-hai-buying-10-percent-stake-in-japanese-electronics-giant-sharp/2012/03/27/gIQAvlBFeS_story.html|archive-date=29 November 2018|url-status=dead|df=dmy-all}}</ref> However, the agreed deal was broken as Sharp's shares continued to plunge in the following months.<ref>{{Cite news|url=https://www.computerworld.com/article/2495834/foxconn-deal-to-become-major-shareholder-in-sharp-falls-apart.html|title=Foxconn deal to become major shareholder in Sharp falls apart|date=26 March 2013|work=[[Computer World]]|language=en|access-date=9 September 2020|archive-date=31 January 2022|archive-url=https://web.archive.org/web/20220131101740/https://www.computerworld.com/article/2495834/foxconn-deal-to-become-major-shareholder-in-sharp-falls-apart.html|url-status=live}}</ref> In September 2012, Foxconn announced plans to invest US$494 million in the construction of five new factories in [[Itu, Brazil]], creating 10,000 jobs.<ref>{{cite news|last=Wang|first=Lisa|url=http://www.taipeitimes.com/News/biz/archives/2012/09/20/2003543171|title=Foxconn invests more in Brazil|work=Taipei Times|date=20 Sep 2012|page=13|access-date=1 December 2012|archive-date=25 November 2012|archive-url=https://web.archive.org/web/20121125074409/http://www.taipeitimes.com/News/biz/archives/2012/09/20/2003543171|url-status=live}}</ref> |
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In 2014, the company purchased Asia Pacific Telecom and won some spectrum licenses at an auction, which allowed it to operate [[4G]] telecommunications equipment in Taiwan.<ref>{{cite web | url=https://www.reuters.com/article/us-foxconn-mergers-idUSBREA4Q00S20140527 | title=Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push | publisher=Thomson Reuters | work=reuters.com | date=26 May 2014 | access-date=10 April 2016 | author=FAITH HUNG AND MICHAEL GOLD}}</ref> |
In 2014, the company purchased Asia Pacific Telecom and won some spectrum licenses at an auction, which allowed it to operate [[4G]] telecommunications equipment in Taiwan.<ref>{{cite web | url=https://www.reuters.com/article/us-foxconn-mergers-idUSBREA4Q00S20140527 | title=Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push | publisher=Thomson Reuters | work=reuters.com | date=26 May 2014 | access-date=10 April 2016 | author=FAITH HUNG AND MICHAEL GOLD | archive-date=20 April 2016 | archive-url=https://web.archive.org/web/20160420150049/http://www.reuters.com/article/us-foxconn-mergers-idUSBREA4Q00S20140527 | url-status=live }}</ref> |
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On 25 February 2016, |
On 25 February 2016, Sharp accepted a ¥700 billion (US$6.24 billion) takeover bid from Foxconn to acquire over 66 percent of Sharp's voting stock.<ref>{{cite web|url=https://www.theverge.com/2016/2/24/11111488/sharp-foxconn-6-24-billion-takeover|title=Sharp accepts $6.24 billion takeover bid from Foxconn|work=The Verge|date=25 February 2016|access-date=26 February 2016|archive-date=24 November 2020|archive-url=https://web.archive.org/web/20201124231533/https://www.theverge.com/2016/2/24/11111488/sharp-foxconn-6-24-billion-takeover|url-status=live}}</ref> However, as Sharp had undisclosed liabilities which was later informed by Sharp's legal representative to Foxconn, the deal was halted by Foxconn's board of directors. Foxconn asked to call off the deal, but it was proceeded by the former Sharp president. Terry Gou, in the meeting, then wrote the word "義", which means "righteousness", on the whiteboard, saying that Foxconn should honor the deal.<ref>{{cite AV media | date=24 June 2019 | title=「鴻海風雲45」 戴正吳副總裁訪談 | trans-title = Interview with Vice Chairman Tai Jeng-wu | medium=Youtube | location=Taiwan }}</ref> A month later, on 30 March 2016, the deal was announced as finalized in a joint press statement, but at a lower price.<ref>{{cite news|url=https://www.bbc.com/news/business-35923885|title=Foxconn finalises Sharp takeover' - BBC News|work=BBC News|date=30 March 2016|language=en-GB|access-date=2016-03-30|archive-date=31 January 2022|archive-url=https://web.archive.org/web/20220131101740/https://www.bbc.com/news/business-35923885|url-status=live}}</ref> |
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In 2016, Foxconn, together with [[Tencent]] and luxury-car dealer Harmony New Energy Auto, founded [[Future Mobility]], a car start up that aimed to sell all-electric fully autonomous premium cars by 2020.<ref>{{cite web |url=https://www.wsj.com/articles/tencent-backed-company-aims-to-launch-smart-electric-cars-before-2020-1468302895 |title=Tencent-Backed Company Aims to Launch Smart-Electric Cars Before 2020 |access-date=2017-03-11 |website=[[The Wall Street Journal]]|date=12 July 2016}}</ref> A Foxconn unit, Foxconn Interconnect Technology, acquired [[Belkin International]] for $866m on 26 March 2018.<ref>{{cite news|last1=Woodhouse|first1=Alice|title=Foxconn unit to buy Belkin International for $866m|url=https://www.ft.com/content/5b8f59b6-314e-11e8-b5bf-23cb17fd1498|newspaper=Financial Times|access-date=27 March 2018}}</ref> |
In 2016, Foxconn, together with [[Tencent]] and luxury-car dealer Harmony New Energy Auto, founded [[Future Mobility]], a car start up that aimed to sell all-electric fully autonomous premium cars by 2020.<ref>{{cite web |url=https://www.wsj.com/articles/tencent-backed-company-aims-to-launch-smart-electric-cars-before-2020-1468302895 |title=Tencent-Backed Company Aims to Launch Smart-Electric Cars Before 2020 |access-date=2017-03-11 |website=[[The Wall Street Journal]] |date=12 July 2016 |archive-date=31 March 2017 |archive-url=https://web.archive.org/web/20170331030437/https://www.wsj.com/articles/tencent-backed-company-aims-to-launch-smart-electric-cars-before-2020-1468302895 |url-status=live }}</ref> A Foxconn unit, Foxconn Interconnect Technology, acquired [[Belkin International]] for $866m on 26 March 2018.<ref>{{cite news|last1=Woodhouse|first1=Alice|title=Foxconn unit to buy Belkin International for $866m|url=https://www.ft.com/content/5b8f59b6-314e-11e8-b5bf-23cb17fd1498|newspaper=Financial Times|access-date=27 March 2018|archive-date=17 April 2021|archive-url=https://web.archive.org/web/20210417210945/https://www.ft.com/content/5b8f59b6-314e-11e8-b5bf-23cb17fd1498|url-status=live}}</ref> |
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In July 2019, Foxconn appointed Liu, Young-Way as the new chairman of the Group, which was then ranked 25th among Forbes Top 100 Digital Companies. Soon afterward, Foxconn, led by Young Liu, introduced its |
In July 2019, Foxconn appointed Liu, Young-Way as the new chairman of the Group, which was then ranked 25th among Forbes Top 100 Digital Companies. Soon afterward, Foxconn, led by Young Liu, introduced its "3+3" Model for Transformation, prioritizing the three key industries: electric vehicles, digital health, and robotics industries. The Group is also committed to developing artificial intelligence, semiconductors, and next-generation communication technologies, building blocks in the Group's technology strategy. |
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In 2020, Foxconn established |
In 2020, Foxconn established "Hon Hai Research Institute", with five research centers, each having an average of 40 high technology R&D professionals, all of whom are focused on the research and development of new technologies, the strengthening of Foxconn's technology, and product innovation pipeline, efforts to support the Group's transformation from "brawn" to "brains", and the enhancement of the competitiveness of Foxconn's "3+3" strategy. |
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Foxconn's 2Q24 revenue was NT$1.551 trillion (US$31.17 billion).<ref>{{cite web |last=Qin |first=Sherry |date=14 August 2024 |title=Foxconn Posts Higher Profit, Record Revenue on AI Server Demand |url=https://www.wsj.com/tech/foxconns-second-quarter-profit-rose-on-record-revenue-7f70bd92 |url-status=live |archive-url=https://web.archive.org/web/20240814064638/https://www.wsj.com/tech/foxconns-second-quarter-profit-rose-on-record-revenue-7f70bd92 |archive-date=14 August 2024 |access-date=9 September 2024 |website=Wall Street Journal |language=EN-US}}</ref> ''Circuits Assembly'' magazine named Foxconn the largest electronics manufacturing services company in the world for the 14th straight year.<ref>{{cite web|title=Circuits Assembly Online Magazine - How M&A and India Will Reshape the Electronics Manufacturing Landscape|url=https://www.circuitsassembly.com/ca/editorial/menu-features/35673-how-m-a-and-india-will-reshape-the-electronics-manufacturing-landscape.html|access-date=2021-10-26|website=www.circuitsassembly.com|archive-date=25 February 2022|archive-url=https://web.archive.org/web/20220225203231/https://circuitsassembly.com/ca/editorial/menu-features/35673-how-m-a-and-india-will-reshape-the-electronics-manufacturing-landscape.html|url-status=live}}</ref> |
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On 5 February 2020, Foxconn started producing medical masks and clothing at its Shenzhen factory in China during the Chinese New Year and the height of the [[COVID-19 pandemic]]. The company initially said the masks it makes would be for internal employee use. The outbreak of [[coronavirus disease 2019]] led to a worldwide spike in demand for masks, resulting in global shortages.<ref>{{cite news|url=https://www.bbc.com/news/business-51410700|title=Coronavirus: iPhone manufacturer Foxconn to make masks' - BBC News|work=BBC News |
On 5 February 2020, Foxconn started producing medical masks and clothing at its Shenzhen factory in China during the Chinese New Year and the height of the [[COVID-19 pandemic]]. The company initially said the masks it makes would be for internal employee use. The outbreak of [[coronavirus disease 2019]] led to a worldwide spike in demand for masks, resulting in global shortages.<ref>{{cite news|url=https://www.bbc.com/news/business-51410700|title=Coronavirus: iPhone manufacturer Foxconn to make masks' - BBC News|work=BBC News|date=7 February 2020|language=en-GB|access-date=2020-02-07|archive-date=31 January 2022|archive-url=https://web.archive.org/web/20220131102043/https://www.bbc.com/news/business-51410700|url-status=live}}</ref> In a letter to employees, Chairman Young Liu said, "I remember clearly how touching it was when [[Longhua Park]] produced our first mask at 4:41am on 5 February. It was the simplest yet most important product Foxconn has ever made. It not only supplied the group's need for epidemic prevention it also contributed to the general public and boosted the morale of the group. All that resulted from our colleagues' hard work." |
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Following almost a year of public controversy regarding its [[COVID-19 vaccination in Taiwan#Timeline|COVID-19 vaccine shortage]];<ref name=FinTimes/><ref name=Reuters/><ref>{{cite news |last1=Blanchard |first1=Ben |title=Pressure to accept China vaccines intensifies as Taiwan battles COVID surge |url=https://www.reuters.com/world/asia-pacific/pressure-accept-china-vaccines-intensifies-taiwan-battles-covid-surge-2021-05-24/ |access-date=12 July 2021 |work=Reuters |date=24 May 2021}}</ref><ref>{{cite news |last1=Zhong |first1=Raymond |title=Taiwan Wants German Vaccines. China May Be Standing in Its Way. |url=https://www.nytimes.com/2021/06/16/business/taiwan-china-biontech-vaccine.html |access-date=12 July 2021 |work=The New York Times |date=16 June 2021}}</ref> in June 2021, Taiwan agreed to allow founder Terry Gou, through his Yongling Foundation charity,<ref name=FinTimes>{{cite news |last1=Hille |first1=Kathrin |title=TSMC and Foxconn join forces to secure vaccines for Taiwan |url=https://www.ft.com/content/a5b8cf73-0d46-4ed8-a75f-69902b8a951c |access-date=12 July 2021 |work=Financial Times |date=11 July 2012}}</ref> to join with contract chip maker [[TSMC]], and negotiate purchasing [[COVID-19 vaccine]]s on its behalf.<ref name=Reuters>{{cite news |last1=Blanchard |first1=Ben |title=Taiwan finally getting BioNTech COVID vaccines in $350 mln deal |url=https://www.reuters.com/world/asia-pacific/taiwans-foxconn-tsmc-confirm-350-mln-covid-19-vaccine-deal-2021-07-11/ |access-date=12 July 2021 |work=Reuters |date=12 July 2021}}</ref><ref name=FinTimes/> In July 2021, [[BioNTech]]'s Chinese sales agent [[Fosun Pharma]] announced that Foxconn and TSMC had reached an agreement to purchase 10 million BioNTech COVID-19 vaccines from Germany for Taiwan.<ref name=FinTimes/><ref name=Reuters/> The two technology manufacturers pledged to each buy five million doses for up to $175 million,<ref name=FinTimes/> for donation to Taiwan's vaccination program.<ref name=Reuters/> |
Following almost a year of public controversy regarding its [[COVID-19 vaccination in Taiwan#Timeline|COVID-19 vaccine shortage]];<ref name=FinTimes/><ref name=Reuters/><ref>{{cite news |last1=Blanchard |first1=Ben |title=Pressure to accept China vaccines intensifies as Taiwan battles COVID surge |url=https://www.reuters.com/world/asia-pacific/pressure-accept-china-vaccines-intensifies-taiwan-battles-covid-surge-2021-05-24/ |access-date=12 July 2021 |work=Reuters |date=24 May 2021 |archive-date=12 July 2021 |archive-url=https://web.archive.org/web/20210712152303/https://www.reuters.com/world/asia-pacific/pressure-accept-china-vaccines-intensifies-taiwan-battles-covid-surge-2021-05-24/ |url-status=live }}</ref><ref>{{cite news |last1=Zhong |first1=Raymond |title=Taiwan Wants German Vaccines. China May Be Standing in Its Way. |url=https://www.nytimes.com/2021/06/16/business/taiwan-china-biontech-vaccine.html |access-date=12 July 2021 |work=The New York Times |date=16 June 2021 |archive-date=12 July 2021 |archive-url=https://web.archive.org/web/20210712152619/https://www.nytimes.com/2021/06/16/business/taiwan-china-biontech-vaccine.html |url-status=live }}</ref> in June 2021, Taiwan agreed to allow founder Terry Gou, through his Yongling Foundation charity,<ref name=FinTimes>{{cite news |last1=Hille |first1=Kathrin |title=TSMC and Foxconn join forces to secure vaccines for Taiwan |url=https://www.ft.com/content/a5b8cf73-0d46-4ed8-a75f-69902b8a951c |access-date=12 July 2021 |work=Financial Times |date=11 July 2012 |archive-date=12 July 2021 |archive-url=https://web.archive.org/web/20210712044613/https://www.ft.com/content/a5b8cf73-0d46-4ed8-a75f-69902b8a951c |url-status=live }}</ref> to join with contract chip maker [[TSMC]], and negotiate purchasing [[COVID-19 vaccine]]s on its behalf.<ref name=Reuters>{{cite news |last1=Blanchard |first1=Ben |title=Taiwan finally getting BioNTech COVID vaccines in $350 mln deal |url=https://www.reuters.com/world/asia-pacific/taiwans-foxconn-tsmc-confirm-350-mln-covid-19-vaccine-deal-2021-07-11/ |access-date=12 July 2021 |work=Reuters |date=12 July 2021 |archive-date=12 July 2021 |archive-url=https://web.archive.org/web/20210712001324/https://www.reuters.com/world/asia-pacific/taiwans-foxconn-tsmc-confirm-350-mln-covid-19-vaccine-deal-2021-07-11/ |url-status=live }}</ref><ref name=FinTimes/> In July 2021, [[BioNTech]]'s Chinese sales agent [[Fosun Pharma]] announced that Foxconn and TSMC had reached an agreement to purchase 10 million BioNTech COVID-19 vaccines from Germany for Taiwan.<ref name=FinTimes/><ref name=Reuters/> The two technology manufacturers pledged to each buy five million doses for up to $175 million,<ref name=FinTimes/> for donation to Taiwan's vaccination program.<ref name=Reuters/> |
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In 2020, Foxconn initiated MIH Alliance to create an open EV ecosystem that promotes collaboration in the mobility industry, with more than 2,200 companies joining the open standard since its launch. The company announced plans to become more involved as a contract assembler of EVs. In the same year, Foxconn partnered with Fiat Chrysler Automobiles N.V. and Yulon Group for a move into EVs. Foxconn has been holding the Hon Hai Tech Day (HHTD) event since 2020 to showcase its latest achievements. In HHTD21, Foxconn introduced for the first time three self-developed EV models: the Model C recreational vehicle, the Model E sedan, and the Model T electric bus. |
In 2020, Foxconn initiated MIH Alliance to create an open EV ecosystem that promotes collaboration in the mobility industry, with more than 2,200 companies joining the open standard since its launch. The company announced plans to become more involved as a contract assembler of EVs. In the same year, Foxconn partnered with Fiat Chrysler Automobiles N.V. and Yulon Group for a move into EVs. Foxconn has been holding the Hon Hai Tech Day (HHTD) event since 2020 to showcase its latest achievements. In HHTD21, Foxconn introduced for the first time three self-developed EV models: the Model C recreational vehicle, the Model E sedan, and the Model T electric bus. |
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In January 2021, Foxconn and Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, and automotive ecosystem platforms to global automotive enterprises and ridesharing companies. In February 2021, it announced an agreement with EV startup Fisker Inc. to jointly produce more than 250,000 vehicles a year. In March 2021, Foxtron, the JV company of Foxconn and Yulon, announced cooperation with Nidec to strengthen the power on EV key component development. |
In January 2021, Foxconn and Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, and automotive ecosystem platforms to global automotive enterprises and ridesharing companies. In February 2021, it announced an agreement with EV startup Fisker Inc. to jointly produce more than 250,000 vehicles a year. In March 2021, Foxtron, the JV company of Foxconn and Yulon, announced cooperation with Nidec to strengthen the power on EV key component development. |
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In July 2021, Foxconn teamed up with CTBC Financial Holding Co., Ltd to create a new fund targeting EV investments. In June 2021, Foxconn invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop EV battery materials. In September 2021, Foxconn collaborated with |
In July 2021, Foxconn teamed up with CTBC Financial Holding Co., Ltd to create a new fund targeting EV investments. In June 2021, Foxconn invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop EV battery materials. In September 2021, Foxconn collaborated with Thailand's state-owned oil supplier PTT Public Co. to invest US$1–2 billion in launching an EV joint venture in Thailand. In the same month, Foxconn and Gogoro formed a strategic technology and manufacturing partnership to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smart Scooters. In October 2021, it agreed to purchase a former GM auto plant from [[Lordstown Motors]] and to purchase $50 million of the company's common stock. Under the agreement, Foxconn would use the plant to produce Lordstown's [[Lordstown Endurance|Endurance]] pickup truck. Fisker vehicles would also be made at the same plant.<ref name="Foldy">{{Cite news |last1=Rogers |first1=Christina |last2=Foldy |first2=Ben |date=2021-10-01 |title=Lordstown Motors to Sell Former GM Factory in Ohio to Foxconn |language=en-US |work=[[The Wall Street Journal]] |url=https://www.wsj.com/articles/lordstown-motors-to-sell-former-gm-factory-in-ohio-to-foxconn-11633039551 |access-date=2021-10-01 |issn=0099-9660 |archive-date=31 January 2022 |archive-url=https://web.archive.org/web/20220131102713/https://www.wsj.com/articles/lordstown-motors-to-sell-former-gm-factory-in-ohio-to-foxconn-11633039551 |url-status=live }}</ref> |
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In January 2022, Foxconn signed an MoU with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to jointly develop a sustainable new energy ecosystem in Indonesia that focuses on electric batteries, electric mobility, and associated industries. In May 2022, Foxconn announced the completion of the Lordstown Motors facility purchase and further signed a contract manufacturing agreement and a joint venture agreement with LMC for product development. |
In January 2022, Foxconn signed an MoU with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to jointly develop a sustainable new energy ecosystem in Indonesia that focuses on electric batteries, electric mobility, and associated industries. In May 2022, Foxconn announced the completion of the Lordstown Motors facility purchase and further signed a contract manufacturing agreement and a joint venture agreement with LMC for product development. |
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In mid-2021, Foxconn announced that the company will enter into more [[semiconductor]] production and will be expanding into supplying chips for [[electric vehicles]] (EVs) and electronics equipment used for healthcare.<ref>{{cite news |last=Patterson |first=Alan |url=https://www.eetimes.com/foxconn-enters-chip-production-with-macronix-deal/ |title=Foxconn Enters Chip Production with Macronix Deal |work=EE Times |date=2021-08-19 |accessdate=2021-08-22 }}</ref> In May 2021, Foxconn and Yageo Group entered into a joint venture agreement to form XSemi Corporation ( |
In mid-2021, Foxconn announced that the company will enter into more [[semiconductor]] production and will be expanding into supplying chips for [[electric vehicles]] (EVs) and electronics equipment used for healthcare.<ref>{{cite news |last=Patterson |first=Alan |url=https://www.eetimes.com/foxconn-enters-chip-production-with-macronix-deal/ |title=Foxconn Enters Chip Production with Macronix Deal |work=EE Times |date=2021-08-19 |accessdate=2021-08-22 |archive-date=31 January 2022 |archive-url=https://web.archive.org/web/20220131102715/https://www.eetimes.com/foxconn-enters-chip-production-with-macronix-deal/ |url-status=live }}</ref> In May 2021, Foxconn and Yageo Group entered into a joint venture agreement to form XSemi Corporation ("XSemi") to extend the businesses into the semiconductor industry, including product development and sales. Based in Hsinchu, Taiwan, XSemi aims to consolidate the strengths and resources of the two market leaders, in addition to the upcoming multifaceted collaborations with leading semiconductor companies in product design, process and capacity planning, and sales channel. In August 2021, Foxconn acquired a Macronix 6-inch Wafer Fab for US$90.8mn. |
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In February 2022, Foxconn formed a joint venture company with [[Vedanta Limited]], one of |
In February 2022, Foxconn formed a joint venture company with [[Vedanta Limited]], one of India's leading multinational groups, to manufacture semiconductors in India. Foxconn dropped out of the deal in July 2023.<ref>{{cite news |last1=Blanchard |first1=Ben |last2=Vengattil |first2=Munsif |last3=Kalra |first3=Aditya |date=2023-07-10 |title=Foxconn dumps $19.5 billion Vedanta chip plan in blow to India |url=https://www.reuters.com/technology/foxconn-pulls-out-india-chip-jv-with-vedanta-2023-07-10/ |publisher=Reuters |access-date=11 July 2023 |archive-date=11 July 2023 |archive-url=https://web.archive.org/web/20230711043055/https://www.reuters.com/technology/foxconn-pulls-out-india-chip-jv-with-vedanta-2023-07-10/ |url-status=live }}</ref> In April 2022, it was announced Foxconn had acquired the wireless telecommunications company, arQana Technologies – with the new organization being rebranded as "iCana".<ref>{{Cite web |title=Evertiq - Foxconn acquires arQana's wireless telecommunications bus... |url=https://evertiq.com/design/51723 |access-date=2022-04-16 |website=evertiq.com |language=en |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224819/https://evertiq.com/design/51723 |url-status=live }}</ref> Foxconn also announced a merger with the integrated circuit designing firm AchernarTek for an undisclosed amount. The acquisition and consolidation will help Foxconn develop semiconductors for the automotive sector and 5G infrastructure.<ref>{{cite news |last=Jennings |first=Ralph |url=https://www.forbes.com/sites/ralphjennings/2022/04/22/apple-assembler-foxconn-pushes-further-into-evs-with-ma/ |title=Apple Assembler Foxconn Pushes Further Into EVs With M&A |work=[[Forbes]] |date=2022-04-22 |accessdate=2022-04-27 |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224819/https://www.forbes.com/sites/ralphjennings/2022/04/22/apple-assembler-foxconn-pushes-further-into-evs-with-ma/ |url-status=live }}</ref> In September 2022, Foxtron, the automotive division of Foxconn works with [[Luxgen]] to launch its first electric vehicle, Luxgen n7.<ref>{{Cite web |title=Luxgen electric SUV pre-orders hit 5,000, crash site |url=https://www.taipeitimes.com/News/biz/archives/2022/09/02/2003784582 |access-date=2022-02-22 |website=taipeitimes.com |language=en |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224836/https://www.taipeitimes.com/News/biz/archives/2022/09/02/2003784582 |url-status=live }}</ref> |
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In March 2023, Foxconn announced its revenue for the previous month fell by 11,65% when compared to the same period of the last year. This fall in revenue was explained by weaker demand for electronics.<ref>{{cite web|url=https://www.bbc.com/news/business-64858566 | title=Foxconn: iPhone maker sees revenue slump as demand weakens | publisher=BBC News |access-date=6 March 2023}}</ref> |
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==International operations== |
==International operations== |
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Foxconn has 137 campuses and offices in 24 countries and areas around the globe. The majority of Foxconn's factories are located in East Asia, with others in Brazil, India, Europe, and Mexico.<ref name="Duhigg">{{cite news |title=How the U.S. Lost Out on iPhone Work | |
Foxconn has 137 campuses and offices in 24 countries and areas around the globe. The majority of Foxconn's factories are located in East Asia, with others in Brazil, India, Europe, and Mexico.<ref name="Duhigg">{{cite news |title=How the U.S. Lost Out on iPhone Work |first1=Charles |last1=Duhigg |first2=Keith |last2=Bradsher |url=https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html |newspaper=The New York Times |date=21 January 2012 |access-date=24 January 2012 |archive-date=29 August 2018 |archive-url=https://web.archive.org/web/20180829184015/https://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html |url-status=live }}</ref> |
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===China=== |
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[[File:Electronics factory in Shenzhen.jpg|thumb|One of the production floors in Foxconn factory at Shenzhen]] |
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{{see also|Cross-Strait relations|Two Chinas}} |
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As of 2012, Foxconn had 12 factories in nine Chinese cities—more than in any other country.<ref name=probase/> |
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[[File:Electronics factory in Shenzhen.jpg|thumb|One of the production floors in Foxconn factory at [[Shenzhen]]]] |
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Foxconn has 12 factories in nine Mainland Chinese cities—more than in any other country.<ref name=probase/> |
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The largest Foxconn factory is located in [[Longhua Subdistrict, Shenzhen]], where hundreds of thousands of workers (varying counts include 230,000,<ref name="Duhigg"/> 300,000,<ref>{{cite news|url=https:// |
The largest Foxconn factory is located in [[Longhua Subdistrict, Shenzhen]], where hundreds of thousands of workers (varying counts include 230,000,<ref name="Duhigg"/> 300,000,<ref>{{cite news|url=https://www.latimes.com/archives/la-xpm-2010-may-26-la-fg-china-suicides-20100526-story.html|title=Firm Shaken by Suicides|work=[[Los Angeles Times]]|date=26 May 2010|access-date=20 February 2020|archive-date=4 March 2017|archive-url=https://web.archive.org/web/20170304101124/http://articles.latimes.com/2010/may/26/world/la-fg-china-suicides-20100526|url-status=live}}</ref> and 450,000)<ref name="focustw">{{cite news|url=http://focustaiwan.tw/ShowNews/WebNews_Detail.aspx?ID=201008190012&Type=aECO|title=Foxcon Plans To Increase China's Workforce to 1.3 Million|publisher=Focus Taiwan News Channel|date=2010-08-19|access-date=2010-08-19|archive-date=25 July 2011|archive-url=https://web.archive.org/web/20110725173318/http://focustaiwan.tw/ShowNews/WebNews_Detail.aspx?ID=201008190012&Type=aECO|url-status=live}}</ref> are employed at the [[Longhua Science & Technology Park]], a walled campus<ref name=wsj/> sometimes referred to as "Foxconn City".<ref name="Economist-Foxconn"/> |
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Covering about {{cvt|3|sqkm|sqmi}},<ref name="bloom">{{cite news|url=http://www.businessweek.com/news/2010-06-02/foxconn-workers-in-china-say-meaningless-life-sparks-suicides.html |title=Foxconn Workers in China Say 'Meaningless' Life Sparks Suicides|work=[[BusinessWeek]]|date=2 June 2010}}</ref> the park includes 15 factories,<ref name="Economist-Foxconn">{{cite news|url=https://www.economist.com/business-finance/displaystory.cfm?story_id=16231588 |
Covering about {{cvt|3|sqkm|sqmi}},<ref name="bloom">{{cite news|url=http://www.businessweek.com/news/2010-06-02/foxconn-workers-in-china-say-meaningless-life-sparks-suicides.html |archive-url=https://web.archive.org/web/20100602102509/http://www.businessweek.com/news/2010-06-02/foxconn-workers-in-china-say-meaningless-life-sparks-suicides.html |url-status=dead |archive-date=2 June 2010 |title=Foxconn Workers in China Say 'Meaningless' Life Sparks Suicides|work=[[BusinessWeek]]|date=2 June 2010}}</ref> the park includes 15 factories,<ref name="Economist-Foxconn">{{cite news|url=https://www.economist.com/business-finance/displaystory.cfm?story_id=16231588|title=Suicides at Foxconn: Light and Death|newspaper=[[The Economist]]|date=27 May 2010|access-date=20 February 2020|archive-date=22 March 2017|archive-url=https://web.archive.org/web/20170322182005/http://www.economist.com/business-finance/displaystory.cfm?story_id=16231588|url-status=live}}</ref> worker dormitories, four swimming pools,<ref>{{cite web |url=https://www.engadget.com/2010/05/26/apple-and-dell-comment-as-foxconn-ceo-shows-off-the-pool/ |title=Apple, Dell, and HP comment on suicides as Foxconn CEO shows off the pool |date=26 May 2010 |publisher=Engadget |access-date=2012-02-10 |archive-date=9 July 2019 |archive-url=https://web.archive.org/web/20190709022643/http://www.engadget.com/2010/05/26/apple-and-dell-comment-as-foxconn-ceo-shows-off-the-pool/ |url-status=live }}</ref> fire brigade,<ref name="wsj" /> own television network (Foxconn TV),<ref name="wsj" /> city centre with grocery store, bank, restaurants, book store, hospital.<ref name="wsj" /> While some workers live in surrounding towns and villages, others live and work inside the complex;<ref>{{cite news|url=https://www.nytimes.com/2010/06/20/weekinreview/20barboza.html|title=A Night at the Electronics Factory|work=[[The New York Times]]|date=19 June 2010|access-date=19 February 2017|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231119/https://www.nytimes.com/2010/06/20/weekinreview/20barboza.html|url-status=live}}</ref> a quarter of the employees live in the dormitories. |
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Another Foxconn factory "city" is located at [[Zhengzhou Technology Park]] in [[Zhengzhou]], [[Henan|Henan province]], where a reported 120,000 workers were employed as of 2012,<ref>{{cite web | url=https://www.reuters.com/article/apple-china-idUSL3E8ET2SW20121012 | title=Apple CEO visits Foxconn's iPhone plant in China | publisher=Thomson Reuters | work=reuters.com | date=12 Oct 2012 | access-date=10 April 2016}}</ref> later, 200,000 workers were employed as of November 2022.<ref>{{cite news |last1=Woo |first1=Ryan |last2=Tang |first2=Ziyi |title=Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou |url=https://www.reuters.com/world/china/chinese-cities-brace-wave-foxconn-workers-covid-hit-zhengzhou-2022-10-30/ |access-date=1 November 2022 |work=[[Reuters]] |date=30 October 2022 |language=en |quote=200,000 workers}}</ref> The park produces the bulk of Apple's [[iPhone]] line and is sometimes referred to as "iPhone City".<ref>{{Cite news|last=Barboza|first=David|date=2016-12-29|title=How China Built 'iPhone City' With Billions in Perks for Apple's Partner|language=en-US|work=The New York Times|url=https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html|access-date=2021-09-12|issn=0362-4331}}</ref> |
Another Foxconn factory "city" is located at [[Zhengzhou Technology Park]] in [[Zhengzhou]], [[Henan|Henan province]], where a reported 120,000 workers were employed as of 2012,<ref>{{cite web | url=https://www.reuters.com/article/apple-china-idUSL3E8ET2SW20121012 | title=Apple CEO visits Foxconn's iPhone plant in China | publisher=Thomson Reuters | work=reuters.com | date=12 Oct 2012 | access-date=10 April 2016 | archive-date=6 August 2022 | archive-url=https://web.archive.org/web/20220806231133/https://www.reuters.com/article/apple-china-idUSL3E8ET2SW20121012 | url-status=live }}</ref> later, 200,000 workers were employed as of November 2022.<ref>{{cite news |last1=Woo |first1=Ryan |last2=Tang |first2=Ziyi |title=Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou |url=https://www.reuters.com/world/china/chinese-cities-brace-wave-foxconn-workers-covid-hit-zhengzhou-2022-10-30/ |access-date=1 November 2022 |work=[[Reuters]] |date=30 October 2022 |language=en |quote=200,000 workers |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224826/https://www.reuters.com/world/china/chinese-cities-brace-wave-foxconn-workers-covid-hit-zhengzhou-2022-10-30/ |url-status=live }}</ref> The park produces the bulk of Apple's [[iPhone]] line and is sometimes referred to as "iPhone City".<ref>{{Cite news|last=Barboza|first=David|date=2016-12-29|title=How China Built 'iPhone City' With Billions in Perks for Apple's Partner|language=en-US|work=The New York Times|url=https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html|access-date=2021-09-12|issn=0362-4331|archive-date=11 January 2017|archive-url=https://web.archive.org/web/20170111002559/https://www.nytimes.com/2016/12/29/technology/apple-iphone-china-foxconn.html|url-status=live}}</ref> |
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Foxconn's future expansion include sites at [[Wuhan]] in [[Hubei|Hubei province]], Kunshan in Jiangsu province, Tianjin, Beijing, Huizhou and Guangzhou in Guangdong province, China.<ref name=probase>{{cite news |title=Struggle for Foxconn Girl Who Wanted To Die |first=Mimi |last=Lau |url=http://topics.scmp.com/news/china-news-watch/article/Struggle-for-Foxconn-girl-who-wanted-to-die |newspaper=South China Morning Post |date=15 December 2010 |access-date=27 April 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120421203344/http://topics.scmp.com/news/china-news-watch/article/Struggle-for-Foxconn-girl-who-wanted-to-die |archive-date=21 April 2012 }}</ref> A Foxconn branch that primarily manufactures Apple products is [[Hongfujin]]. |
Foxconn's future expansion include sites at [[Wuhan]] in [[Hubei|Hubei province]], Kunshan in Jiangsu province, Tianjin, Beijing, Huizhou and Guangzhou in Guangdong province, China.<ref name=probase>{{cite news |title=Struggle for Foxconn Girl Who Wanted To Die |first=Mimi |last=Lau |url=http://topics.scmp.com/news/china-news-watch/article/Struggle-for-Foxconn-girl-who-wanted-to-die |newspaper=South China Morning Post |date=15 December 2010 |access-date=27 April 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120421203344/http://topics.scmp.com/news/china-news-watch/article/Struggle-for-Foxconn-girl-who-wanted-to-die |archive-date=21 April 2012 }}</ref> A Foxconn branch that primarily manufactures Apple products is [[Hongfujin]]. |
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On 25 May 2016, the [[BBC]] reported that Foxconn replaced 60,000 employees because it had [[Automation|automated]] "many of the manufacturing tasks associated with their operations |
On 25 May 2016, the [[BBC]] reported that Foxconn replaced 60,000 employees because it had [[Automation|automated]] "many of the manufacturing tasks associated with their operations". The organization later confirmed those claims.<ref>{{cite news|url=https://www.bbc.com/news/technology-36376966|title=Foxconn replaces '60,000 factory workers with robots' - BBC News|work=BBC News|date=25 May 2016|language=en-GB|access-date=2016-06-11|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231120/https://www.bbc.com/news/technology-36376966|url-status=live}}</ref> |
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In September 2017, Foxconn agreed with the Nanjing government to invest US$5.7 billion for the development of intelligent terminal devices, LCD development, and other research.<ref name=":1222">{{Cite book |last=Xin |first=Qiang |title=The Taiwan Question in Xi Jinping's Era: Beijing's Evolving Taiwan Policy and Taiwan's Internal and External Dynamics |last2= |first2= |publisher=[[Routledge]] |year=2024 |isbn=9781032861661 |editor-last=Zhao |editor-first=Suisheng |editor-link=Suisheng Zhao |location=London and New York |pages= |chapter=Selective Engagement: Mainland China's Dual-Track Taiwan Policy |doi=}}</ref>{{Rp|page=74}} |
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In July 2021, the [[2021 Henan floods|Henan floods]] hit the world’s biggest Apple iPhone assembly plant in Zhengzhou, but production was not affected.<ref>{{cite news |last=Kharpal |first= Arjun |url=https://www.cnbc.com/2021/07/21/china-zhengzhou-flooding-foxconn-says-iphone-factory-not-impacted.html |title=Foxconn says critical iPhone factory hasn't been hit by massive floods in China |work=CNBC |date=2021-07-21 |accessdate=2021-08-19 }}</ref> |
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In July 2021, the [[2021 Henan floods|Henan floods]] hit the world's biggest Apple iPhone assembly plant in Zhengzhou, but production was not affected.<ref>{{cite news |last=Kharpal |first=Arjun |url=https://www.cnbc.com/2021/07/21/china-zhengzhou-flooding-foxconn-says-iphone-factory-not-impacted.html |title=Foxconn says critical iPhone factory hasn't been hit by massive floods in China |work=CNBC |date=2021-07-21 |accessdate=2021-08-19 |archive-date=6 August 2022 |archive-url=https://web.archive.org/web/20220806231124/https://www.cnbc.com/2021/07/21/china-zhengzhou-flooding-foxconn-says-iphone-factory-not-impacted.html |url-status=live }}</ref> |
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On 21 October 2022, and in response to a Covid outbreak at Zhengzhou Technology Park, "Foxconn imposes restrictions," including travel restrictions "on iPhone assembly plant, with dine-in meal facilities closed."<ref>{{Cite web |date=2022-10-21 |title=Foxconn imposes restrictions on iPhone assembly plant as Covid-19 flares |url=https://www.scmp.com/tech/big-tech/article/3196650/foxconn-imposes-restrictions-iphone-assembly-plant-dine-meal-facilities-closed-amid-zhengzhou-covid |access-date=2022-10-21 |website=South China Morning Post |language=en}}</ref><ref>{{Cite news |date=2022-10-21 |title=Foxconn says production normal at iPhone plant in China despite COVID curbs |language=en |work=Reuters |url=https://www.reuters.com/technology/foxconn-imposes-restrictions-iphone-assembly-plant-chinas-zhengzhou-scmp-2022-10-21/ |access-date=2022-10-21}}</ref> On 31 October 2022, after the Covid outbreak forced the staff to spend lockdown in the factory, many workers have jumped the fence in order to escape.<ref>{{cite web|url=https://www.bbc.com/news/world-asia-china-63447755 | title=Apple: Chinese workers flee Covid lockdown at iPhone factory | publisher=BBC News |access-date=2022-02-11}}</ref> On 2 November 2022, the government imposed the lockdown to the [[Zhengzhou Airport Economy Zone]], where the Foxconn factory is situated.<ref>{{cite news|url=https://www.bbc.com/news/business-63481119 | title=China Covid: Area around world's biggest iPhone plant locked down | date=2 November 2022 | publisher=BBC News |access-date=2022-11-02}}</ref> On November 23, workers clashed with law enforcement over the harsh COVID restrictions and claims that Foxconn failed to provide the salary packages that were promised to new hires. Videos circulated on Chinese social media depicting law enforcement being protesting workers as well as large crowds of workers fighting back law enforcement.<ref>{{Cite web |last1=Liu |first1=Juliana |last2=Gan |first2=Nectar |date=2022-11-24 |title=Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |url=https://www.cnn.com/2022/11/24/business/foxconn-offer-protests-china-covid-intl-hnk/index.html |access-date=2022-11-27 |website=[[CNN]] |language=en}}</ref><ref>{{Cite web |last=Kwon |first=Jake |date=2022-11-23 |title=Workers at the world's largest iPhone factory in China clash with police, videos show |url=https://www.cnn.com/2022/11/23/tech/china-covid-foxconn-zhengzhou-confrontation-intl-hnk/index.html |access-date=2022-11-27 |website=[[CNN]] |language=en}}</ref> |
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On 21 October 2022, and in response to a Covid outbreak at Zhengzhou Technology Park, Foxconn imposed restrictions on its iPhone assembly plant, with dine-in meal facilities closed.<ref>{{Cite web |date=2022-10-21 |title=Foxconn imposes restrictions on iPhone assembly plant as Covid-19 flares |url=https://www.scmp.com/tech/big-tech/article/3196650/foxconn-imposes-restrictions-iphone-assembly-plant-dine-meal-facilities-closed-amid-zhengzhou-covid |access-date=2022-10-21 |website=South China Morning Post |language=en |archive-date=29 August 2023 |archive-url=https://web.archive.org/web/20230829224829/https://www.scmp.com/tech/big-tech/article/3196650/foxconn-imposes-restrictions-iphone-assembly-plant-dine-meal-facilities-closed-amid-zhengzhou-covid |url-status=live }}</ref><ref>{{Cite news |date=2022-10-21 |title=Foxconn says production normal at iPhone plant in China despite COVID curbs |language=en |work=Reuters |url=https://www.reuters.com/technology/foxconn-imposes-restrictions-iphone-assembly-plant-chinas-zhengzhou-scmp-2022-10-21/ |access-date=2022-10-21 |archive-date=21 October 2022 |archive-url=https://web.archive.org/web/20221021115325/https://www.reuters.com/technology/foxconn-imposes-restrictions-iphone-assembly-plant-chinas-zhengzhou-scmp-2022-10-21/ |url-status=live }}</ref> On 31 October 2022, after policies intended to control a Covid outbreak prevented workers from leaving the complex, many workers jumped the fence in order to escape.<ref>{{cite web | url=https://www.bbc.com/news/world-asia-china-63447755 | title=Apple: Chinese workers flee Covid lockdown at iPhone factory | publisher=BBC News | access-date=2022-02-11 | archive-date=2 November 2022 | archive-url=https://web.archive.org/web/20221102083209/https://www.bbc.com/news/world-asia-china-63447755 | url-status=live }}</ref> On 2 November 2022, the government imposed the lockdown to the [[Zhengzhou Airport Economy Zone]], where the Foxconn factory is situated.<ref>{{cite news | url=https://www.bbc.com/news/business-63481119 | title=China Covid: Area around world's biggest iPhone plant locked down | date=2 November 2022 | publisher=BBC News | access-date=2022-11-02 | archive-date=2 November 2022 | archive-url=https://web.archive.org/web/20221102083654/https://www.bbc.com/news/business-63481119 | url-status=live }}</ref> On 23 November, workers clashed with law enforcement over the harsh COVID restrictions and claims that Foxconn failed to provide the salary packages that were promised to new hires. Videos circulated on Chinese social media depicting law enforcement beating protesting workers as well as large crowds of workers fighting back law enforcement.<ref>{{Cite web |last1=Liu |first1=Juliana |last2=Gan |first2=Nectar |date=2022-11-24 |title=Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |url=https://www.cnn.com/2022/11/24/business/foxconn-offer-protests-china-covid-intl-hnk/index.html |access-date=2022-11-27 |website=[[CNN]] |language=en |archive-date=30 November 2022 |archive-url=https://web.archive.org/web/20221130104149/https://www.cnn.com/2022/11/24/business/foxconn-offer-protests-china-covid-intl-hnk/index.html |url-status=live }}</ref><ref>{{Cite web |last=Kwon |first=Jake |date=2022-11-23 |title=Workers at the world's largest iPhone factory in China clash with police, videos show |url=https://www.cnn.com/2022/11/23/tech/china-covid-foxconn-zhengzhou-confrontation-intl-hnk/index.html |access-date=2022-11-27 |website=[[CNN]] |language=en |archive-date=29 November 2022 |archive-url=https://web.archive.org/web/20221129015313/https://www.cnn.com/2022/11/23/tech/china-covid-foxconn-zhengzhou-confrontation-intl-hnk/index.html |url-status=live }}</ref> |
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===Brazil=== |
===Brazil=== |
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All company facilities in [[South America]] are located in [[Brazil]],<ref>{{cite web |url=http://www.foxconn.com/WorldLayout.html |title=Global Distribution |website=Foxconn Technology Group |url-status=dead |archive-url=https://web.archive.org/web/20110518203243/http://www.foxconn.com/WorldLayout.html |archive-date=2011-05-18 }}</ref> and these include mobile phone factories in [[Manaus]] and [[Indaiatuba]] as well as production bases in [[Jundiaí]], [[Sorocaba]], and [[Santa Rita do Sapucaí]].<ref>{{cite web| last = Fávaro | first = Tatiana | title = Filial no Brasil acusada de pressão no trabalho |trans-title=Subsidiary in Brazil accused of pressure at work | date = 2011-04-24 | url = http://www.estadao.com.br/estadaodehoje/20110424/not_imp710000,0.php | language = pt | access-date = 2011-06-06}}</ref> The company is considering further investments in Brazil.<ref name=privsec>{{cite news|url=https://www.reuters.com/article/us-brazil-foxconn-idUSTRE73B6BD20110413 | archive-url = https://web.archive.org/web/20150930095324/https://www.reuters.com/article/2011/04/13/us-brazil-foxconn-idUSTRE73B6BD20110413 | archive-date = 2015-09-30 | title=Foxconn Says Looking at Investment Opportunities in Brazil|work= [[Reuters]]| publisher = |
All company facilities in [[South America]] are located in [[Brazil]],<ref>{{cite web |url=http://www.foxconn.com/WorldLayout.html |title=Global Distribution |website=Foxconn Technology Group |url-status=dead |archive-url=https://web.archive.org/web/20110518203243/http://www.foxconn.com/WorldLayout.html |archive-date=2011-05-18 }}</ref> and these include mobile phone factories in [[Manaus]] and [[Indaiatuba]] as well as production bases in [[Jundiaí]], [[Sorocaba]], and [[Santa Rita do Sapucaí]].<ref>{{cite web | last = Fávaro | first = Tatiana | title = Filial no Brasil acusada de pressão no trabalho | trans-title = Subsidiary in Brazil accused of pressure at work | date = 2011-04-24 | url = http://www.estadao.com.br/estadaodehoje/20110424/not_imp710000,0.php | language = pt | access-date = 2011-06-06 | archive-date = 22 April 2023 | archive-url = https://web.archive.org/web/20230422000701/https://www.estadao.com.br/estadaodehoje/20110424/not_imp710000,0.php | url-status = live }}</ref> The company is considering further investments in Brazil.<ref name=privsec>{{cite news|url=https://www.reuters.com/article/us-brazil-foxconn-idUSTRE73B6BD20110413 | archive-url = https://web.archive.org/web/20150930095324/https://www.reuters.com/article/2011/04/13/us-brazil-foxconn-idUSTRE73B6BD20110413 | archive-date = 2015-09-30 | title=Foxconn Says Looking at Investment Opportunities in Brazil|work= [[Reuters]]| publisher = Thomson Reuters | date=13 April 2011}}</ref> |
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===Europe=== |
===Europe=== |
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Foxconn has factories in [[Hungary]],<ref name=foxconnhungary>{{cite news|url=https://www.reuters.com/article/foxconn-hungary-idUSLS70671520081128 |
Foxconn has factories in [[Hungary]],<ref name=foxconnhungary>{{cite news|url=https://www.reuters.com/article/foxconn-hungary-idUSLS70671520081128|title=Foxconn to lay off 1,500 in Hungary as orders drop|work=Reuters|date=30 March 2012|access-date=5 July 2021|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231127/https://www.reuters.com/article/foxconn-hungary-idUSLS70671520081128|url-status=live}}</ref> [[Slovakia]],<ref name=privsec/> and the [[Czech Republic]].<ref name=officialabout>{{cite web |url=http://www.foxconn.com/CompanyIntro.html |title=About Foxconn: Group Profile |website=Foxconn Technology Group |url-status=dead |archive-url=https://web.archive.org/web/20110518181119/http://www.foxconn.com/CompanyIntro.html |archive-date=2011-05-18 }}</ref> As of 2011 it is the second-largest exporter in the Czech Republic.<ref name=officialabout/> |
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===India=== |
===India=== |
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As of mid-2015, Foxconn was in talks to manufacture Apple's iPhone in |
As of early 2015, Foxconn had tied up with [[Sony]] for manufacturing their [[television]]s and selling it all over [[India]]. Hence, they started a new plant called Competition Team Technology (India) Private Limited in Irungattukottai (near [[Poonamallee]], [[Chennai]]) which was later moved to Oragadam ([[Kanchipuram]]) in 2019. As of mid-2015, Foxconn was in talks to manufacture [[Apple Inc.|Apple]]'s [[iPhone]] in India.<ref>{{cite news | url=http://economictimes.indiatimes.com/tech/hardware/make-in-india-iphone-maker-foxconn-in-talks-to-build-first-apple-plant-in-india/articleshow/47630811.cms | work=The Times Of India | title=Make in India: iPhone maker Foxconn in talks to build first Apple plant in India | access-date=15 June 2015 | archive-date=13 January 2016 | archive-url=https://web.archive.org/web/20160113094044/http://economictimes.indiatimes.com/tech/hardware/make-in-india-iphone-maker-foxconn-in-talks-to-build-first-apple-plant-in-india/articleshow/47630811.cms | url-status=live }}</ref> In 2015, Foxconn announced that it would be setting up twelve factories in India and would create around one million jobs.<ref>{{cite news|last1=Crabtree|first1=James|title=Foxconn to set up 12 factories in India|url=http://www.ft.com/cms/s/0/1ef06826-2952-11e5-8613-e7aedbb7bdb7.html#axzz3fmR0AoKM|website=Financial Times|date=13 July 2015|access-date=13 July 2015|archive-date=8 June 2016|archive-url=https://web.archive.org/web/20160608005605/http://www.ft.com/cms/s/0/1ef06826-2952-11e5-8613-e7aedbb7bdb7.html#axzz3fmR0AoKM|url-status=live}}</ref> It also discussed its intent to work with the [[Adani Group]] for expansion in the country. In August 2015, Foxconn invested in [[Snapdeal]]. In September 2016, Foxconn started manufacturing products with [[Gionee]].<ref>{{Cite news|url=https://gadgets.ndtv.com/mobiles/news/gionee-to-begin-production-in-india-with-foxconn-and-dixon-738543|title=Gionee to Begin Production in India With Foxconn and Dixon|work=NDTV Gadgets360.com|access-date=2018-08-23|language=en|archive-date=18 September 2021|archive-url=https://web.archive.org/web/20210918174241/https://gadgets.ndtv.com/mobiles/news/gionee-to-begin-production-in-india-with-foxconn-and-dixon-738543|url-status=live}}</ref> In 2017, Foxconn started the production of iPhones in [[Sriperumbudur]], near Chennai. In April 2019, Foxconn reported that they are ready to mass-produce newer iPhones in India.<ref name="Chennai"/> Its Chairman, [[Terry Gou]], said that the manufacturing will take place in the southern city of Chennai.<ref name="Chennai">{{cite news|url=https://www.bloomberg.com/news/articles/2019-04-15/foxconn-is-poised-to-begin-mass-production-of-iphones-in-india|title=Mass Production of iPhones to Start in India|newspaper=Bloomberg.com|date=15 April 2019|via=www.bloomberg.com|access-date=15 April 2019|archive-date=9 February 2022|archive-url=https://web.archive.org/web/20220209174015/https://www.bloomberg.com/news/articles/2019-04-15/foxconn-is-poised-to-begin-mass-production-of-iphones-in-india|url-status=live}}</ref> In September 2022, Foxconn signed a deal for a [[semiconductor]] plant in [[Gujarat, India|Gujarat]] with an investment of $21 billion, by [[Vedanta Limited|Vedanta Group]].<ref>{{Cite news |title=Vedanta, Foxconn to set up fab & chip facility in Gujarat |work=The Economic Times |url=https://economictimes.indiatimes.com/news/india/vedanta-foxconn-to-set-up-fab-chip-facility-in-gujarat/articleshow/94187037.cms |access-date=2022-09-14 |archive-date=14 September 2022 |archive-url=https://web.archive.org/web/20220914045017/https://economictimes.indiatimes.com/news/india/vedanta-foxconn-to-set-up-fab-chip-facility-in-gujarat/articleshow/94187037.cms |url-status=live }}</ref> In July 2023, Foxconn made a decision to quit the project, citing a number of issues with Vedanta Group as well as including external ones.<ref>{{Cite web |last=Toh |first=Michelle |date=2023-07-11 |title=Foxconn pulls out of $19 billion chipmaking project in India {{!}} CNN Business |url=https://www.cnn.com/2023/07/11/tech/india-foxconn-exit-vedanta-chip-joint-venture-intl-hnk/index.html |access-date=2023-07-11 |website=CNN |language=en |archive-date=11 July 2023 |archive-url=https://web.archive.org/web/20230711094412/https://www.cnn.com/2023/07/11/tech/india-foxconn-exit-vedanta-chip-joint-venture-intl-hnk/index.html |url-status=live }}</ref> In August 2023, during its annual meeting, Foxconn reportedly stated that India at present accounts for more than 5% of the company's business and there is ample space for future investments.<ref>{{Cite web|url=https://www.business-standard.com/amp/companies/news/foxconn-s-india-business-hits-10-bn-plans-to-invest-another-2-bn-123081400863_1.html#amp_tf=From%20%251%24s&aoh=16920700035766&csi=0&referrer=https%3A%2F%2Fwww.google.com|title=Foxconn's India Business Hits $10bn and further to invest $2billion|access-date=15 August 2023|archive-date=15 August 2023|archive-url=https://web.archive.org/web/20230815033848/https://www.business-standard.com/amp/companies/news/foxconn-s-india-business-hits-10-bn-plans-to-invest-another-2-bn-123081400863_1.html#amp_tf=From%20%251%24s&aoh=16920700035766&csi=0&referrer=https%3A%2F%2Fwww.google.com|url-status=live}}</ref> Foxconn has set a target to employ 2 million jobs and meet India's target of exporting mobile phones worth $10 billion, both by 2030. To meet these targets, as of September 2023, the company has three manufacturing plants under construction, all in southern India–a component and semiconductor plant near the company's existing plant in Chennai, and two plants each in [[Bangalore]] (near [[Kempegowda International Airport|its airport]]) and [[Hyderabad]] ([[Kongara Kalan]]) for making iPhones, [[iPad]]s, [[iPod]]s and [[AirPod]]s. All three plants are projected to be completed and begin operations by the end of 2024. They will together employ around 400,000 people in the first five years of their operations.<ref>{{cite news|last=Shivakumar|first=C.|title=Foxconn inks pact for Rs 1,600 crore manufacturing facility in Tamil Nadu|url=https://www.newindianexpress.com/states/tamil-nadu/2023/aug/01/foxconn-inks-pact-for-rs-1600-crore-mfg-facility-in-tamil-nadu-2600677.html|work=[[The New Indian Express]]|date=1 August 2023|access-date=28 September 2023|language=en}}</ref><ref>{{cite news|title=Foxconn to start manufacturing iPhones in Bengaluru by April 2024|url=https://www.businesstoday.in/latest/story/foxconn-to-start-manufacturing-iphones-in-bengaluru-by-april-2024-383848-2023-06-01|work=[[Business Today (India)|Business Today]]|date=1 June 2023|access-date=28 September 2023|language=en}}</ref><ref>{{cite news|last=Ravi Kumar|first=N.|title=Foxconn breaks ground for $500 million manufacturing plant near Hyderabad|url=https://www.thehindu.com/business/foxconn-breaks-ground-for-500-million-manufacturing-plant-near-hyderabad/article66852980.ece|work=[[The Hindu]]|date=15 May 2023|access-date=28 September 2023|language=en}}</ref> |
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In November 2023, Foxconn announced a $1.54 billion investment in India to "help it fulfil 'operational needs.'"<ref>{{cite news|last=Singh|first=M.|title=Apple partner Foxconn to invest $1.5 billion in India |url=https://techcrunch.com/2023/11/27/apple-partner-foxconn-to-invest-1-5-billion-in-india/|work=[[TechCrunch]]|date=28 November 2023|access-date=28 November 2023|language=en}}</ref> |
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In August 2024, Foxconn showed interest in investing in Hyderabad, as confirmed by the [[Telangana]] government. Chairman Young Liu met with Chief Minister [[Revanth Reddy|A Revanth Reddy]], discussing plans for a new "fourth city" near Hyderabad.<ref>{{Cite news |date=2024-08-16 |title=Foxconn eyes Hyderabad investment, CM Reddy pitches 'fourth city' project |url=https://economictimes.indiatimes.com/industry/cons-products/electronics/foxconn-eyes-hyderabad-investment-cm-reddy-pitches-fourth-city-project/articleshow/112564073.cms?from=mdr |access-date=2024-08-16 |work=The Economic Times |issn=0013-0389}}</ref> |
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===Japan=== |
===Japan=== |
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Foxconn and [[Sharp Corporation]] jointly operate two manufacturing plants specializing in large-screen televisions in [[Sakai, Osaka]]. In August 2012, it was reported that Sharp, while doing corporate restructuring and downsizing, was considering selling the plants to Foxconn. The company was believed to be receptive to the plan. The acquisition was completed with a $3.8 billion deal in August 2016.<ref>{{cite news|work=The Daily Yomiuri |
Foxconn and [[Sharp Corporation]] jointly operate two manufacturing plants specializing in large-screen televisions in [[Sakai, Osaka]]. In August 2012, it was reported that Sharp, while doing corporate restructuring and downsizing, was considering selling the plants to Foxconn. The company was believed to be receptive to the plan. The acquisition was completed with a $3.8 billion deal in August 2016.<ref>{{cite news|work=The Daily Yomiuri|url=http://www.yomiuri.co.jp/dy/business/T120821004499.htm|title=Sharp to transfer 3,000 overseas workers to Hon Hai|date=22 August 2012|access-date=22 August 2012|archive-date=5 December 2012|archive-url=https://web.archive.org/web/20121205093429/http://www.yomiuri.co.jp/dy/business/T120821004499.htm|url-status=live}}</ref> |
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===Malaysia=== |
===Malaysia=== |
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[[File:Foxconn Technology Malaysia.jpg|thumb|Foxconn Technology Malaysia factory at |
[[File:Foxconn Technology Malaysia.jpg|thumb|Foxconn Technology Malaysia factory at Kulai, Malaysia]] |
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As of 2011, Foxconn had at least seven factories in the [[Johor]] state,<ref>{{cite news | script-title = zh:柔古来富士康集团 低调办非正式剪彩 |trans-title=Foxconn Group to do a low-key ribbon-cutting | language = zh | publisher = MCIL Multimedia Sdn Bhd | date = 2011-09-27 | url = http://nanyang.com/node/385829?tid=460 | access-date = 2012-02-16 | url-status = dead | archive-url = https://web.archive.org/web/20110928091858/http://www.nanyang.com/node/385829?tid=460 | archive-date = 2011-09-28 }}</ref> at [[Kulai]], where it is developing an industrial park that includes four factories that comprise fully automated assembly lines as well as fully automated packaging lines.<ref>{{cite news | last =Oleh Mahanum | first =Abdul Aziz | title =Hon Hai cadang bina 4 kilang di Malaysia |trans-title=Hon Hai proposed to build four plants in Malaysia| language = |
As of 2011, Foxconn had at least seven factories in the [[Johor]] state,<ref>{{cite news | script-title = zh:柔古来富士康集团 低调办非正式剪彩 |trans-title=Foxconn Group to do a low-key ribbon-cutting | language = zh | publisher = MCIL Multimedia Sdn Bhd | date = 2011-09-27 | url = http://nanyang.com/node/385829?tid=460 | access-date = 2012-02-16 | url-status = dead | archive-url = https://web.archive.org/web/20110928091858/http://www.nanyang.com/node/385829?tid=460 | archive-date = 2011-09-28 }}</ref> at [[Kulai]], where it is developing an industrial park that includes four factories that comprise fully automated assembly lines as well as fully automated packaging lines.<ref>{{cite news | last =Oleh Mahanum | first =Abdul Aziz | title =Hon Hai cadang bina 4 kilang di Malaysia | trans-title =Hon Hai proposed to build four plants in Malaysia | language =ms | publisher =The New Straits Times Press (Malaysia) | date =2011-09-03 | url =http://www.bharian.com.my/articles/HonHaicadangbina4kilangdiMalaysia/Article/ | access-date =2012-02-16 | archive-date =3 September 2011 | archive-url =https://web.archive.org/web/20110903092758/http://www.bharian.com.my/articles/HonHaicadangbina4kilangdiMalaysia/Article/ | url-status =live }}</ref> |
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===Mexico=== |
===Mexico=== |
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Foxconn has a facility in [[San Jerónimo, Chihuahua]] that assembles computers,<ref>{{cite news|first= |
Foxconn has a facility in [[San Jerónimo, Chihuahua]] that assembles computers,<ref>{{cite news|first=Kevin|last=Robinson-Avila|url=http://www.bizjournals.com/albuquerque/print-edition/2011/12/09/foxconn-spinoff-effect-has-santa.html?page=all|title=Foxconn spinoff effect has Santa Teresa flourishing|date=9 December 2011<!--, 4:00am MST-->|newspaper=Business Weekly|access-date=2012-05-29|archive-date=14 October 2013|archive-url=https://web.archive.org/web/20131014185629/http://www.bizjournals.com/albuquerque/print-edition/2011/12/09/foxconn-spinoff-effect-has-santa.html?page=all|url-status=live}}</ref> and two facilities in [[Ciudad Juárez|Juárez]]{{Snd}}a former [[Motorola]] production base that manufactures mobile phones,<ref>{{cite news|url=http://www.pcworld.com/article/190001/foxconn_arson_at_mexico_plant_work_of_angry_exemployee.html|title=Foxconn: Arson at Mexico Plant Work of Angry Ex-Employee|work=[[PC World (magazine)|PC World]]|date=22 February 2010|access-date=26 May 2011|archive-date=27 September 2011|archive-url=https://web.archive.org/web/20110927083433/http://www.pcworld.com/article/190001/foxconn_arson_at_mexico_plant_work_of_angry_exemployee.html|url-status=dead}}</ref> and a [[set-top box]] factory acquired from [[Cisco Systems]].<ref>{{cite news |last=Chen |first=Kevin |page=11 |url=http://www.taipeitimes.com/News/biz/archives/2011/07/20/2003508642 |title=Citigroup Likes Hon Hai's Purchase of Set-Top Box Plant |work=[[Taipei Times]] |date=20 Jul 2011 |access-date=20 July 2011 |archive-date=18 January 2012 |archive-url=https://web.archive.org/web/20120118215502/http://www.taipeitimes.com/News/biz/archives/2011/07/20/2003508642 |url-status=live }}</ref> LCD televisions are also made in the country in Tijuana at a plant acquired from Sony.<ref>{{cite web|url=http://evertiq.com/news/14968|title=Sony sells LCD plant to Foxconn|website=Evertiq|date=1 September 2009|access-date=6 May 2015|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231125/https://evertiq.com/news/14968|url-status=live}}</ref> |
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On June 2, 2022, Foxconn announced that their Mexico-based production plant had been hit by a [[ransomware]] attack in late May, disrupting production. The facility affected was located in [[Tijuana]], [[Baja California]] and specializes in the production of consumer electronics, medical devices, and industrial products.<ref>{{cite news |last=Page |first=Carly |url=https://techcrunch.com/2022/06/02/foxconn-ransomware-attack-mexico-factory/ |title=Foxconn confirms ransomware attack disrupted operations at Mexico factory |work=[[TechCrunch]] |date=2022-06-02 |accessdate=2022-06-02 }}</ref> |
On June 2, 2022, Foxconn announced that their Mexico-based production plant had been hit by a [[ransomware]] attack in late May, disrupting production. The facility affected was located in [[Tijuana]], [[Baja California]] and specializes in the production of consumer electronics, medical devices, and industrial products.<ref>{{cite news |last=Page |first=Carly |url=https://techcrunch.com/2022/06/02/foxconn-ransomware-attack-mexico-factory/ |title=Foxconn confirms ransomware attack disrupted operations at Mexico factory |work=[[TechCrunch]] |date=2022-06-02 |accessdate=2022-06-02 |archive-date=29 July 2022 |archive-url=https://web.archive.org/web/20220729215537/https://techcrunch.com/2022/06/02/foxconn-ransomware-attack-mexico-factory/ |url-status=live }}</ref> |
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===South Korea=== |
===South Korea=== |
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The company invested $377 million in June 2014 to pick up a 4.9 percent shareholding in a South Korean IT services provider, [[SK C&C]].<ref name="Foxconn">{{cite web|title=Foxconn diversifies with stake purchase in SK C&C|url=http://www.southkoreanews.net/index.php/sid/223401911/scat/3f5c98640a497b43/ht/Foxconn-diversifies-with-stake-purchase-in-SK-CandC|access-date= |
The company invested $377 million in June 2014 to pick up a 4.9 percent shareholding in a South Korean IT services provider, [[SK C&C]].<ref name="Foxconn">{{cite web|title=Foxconn diversifies with stake purchase in SK C&C|url=http://www.southkoreanews.net/index.php/sid/223401911/scat/3f5c98640a497b43/ht/Foxconn-diversifies-with-stake-purchase-in-SK-CandC|access-date=2 July 2014|website=South Korea News.Net|archive-date=22 October 2014|archive-url=https://web.archive.org/web/20141022122810/http://www.southkoreanews.net/index.php/sid/223401911/scat/3f5c98640a497b43/ht/Foxconn-diversifies-with-stake-purchase-in-SK-CandC|url-status=dead}}</ref> |
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===United States=== |
===United States=== |
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{{Further| |
{{Further|Wisconn Valley Science and Technology Park}} |
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Foxconn announced on 26 July 2017 that it would build a $10 billion TV manufacturing plant in southeastern [[Wisconsin]] and would initially employ 3,000 workers (set to increase to 13,000).<ref>{{cite news|title=Foxconn announces new factory in Wisconsin in much-needed win for Trump and Scott Walker|url=https://www.washingtonpost.com/news/wonk/wp/2017/07/26/foxconn-to-announce-new-factory-in-wisconsin-in-much-needed-win-for-trump-and-scott-walker/|access-date= |
Foxconn announced on 26 July 2017 that it would build a $10 billion TV manufacturing plant in southeastern [[Wisconsin]] and would initially employ 3,000 workers (set to increase to 13,000).<ref>{{cite news|title=Foxconn announces new factory in Wisconsin in much-needed win for Trump and Scott Walker|url=https://www.washingtonpost.com/news/wonk/wp/2017/07/26/foxconn-to-announce-new-factory-in-wisconsin-in-much-needed-win-for-trump-and-scott-walker/|access-date=26 July 2017|newspaper=Washington Post|archive-date=5 December 2021|archive-url=https://web.archive.org/web/20211205034352/https://www.washingtonpost.com/news/wonk/wp/2017/07/26/foxconn-to-announce-new-factory-in-wisconsin-in-much-needed-win-for-trump-and-scott-walker/|url-status=live}}</ref><ref>{{cite news | url = https://www.yahoo.com/tech/foxconn-package-cost-50-million-155546477.html | title = State wouldn't break even on Foxconn incentives for 25 years | date = 8 August 2017 | access-date = 15 August 2017 | agency = Associated Press | first = Todd | last = Richmond | archive-date = 8 August 2017 | archive-url = https://web.archive.org/web/20170808234744/https://www.yahoo.com/tech/foxconn-package-cost-50-million-155546477.html | url-status = dead }}</ref> As part of the agreement, Foxconn was set to receive subsidies ranging from $3 billion to $4.8 billion (paid in increments if Foxconn met certain targets), which would be by far the largest subsidy ever given to a foreign firm in U.S. history.<ref name=":2">{{Cite news|url=https://www.theguardian.com/cities/2018/jul/02/its-a-huge-subsidy-the-48bn-gamble-to-lure-foxconn-to-america|title='Its a huge subsidy': the $4.8bn gamble to lure Foxconn to America|last=Rushe|first=Dominic|date=2018-07-02|work=The Guardian|access-date=2018-11-02|issn=0261-3077|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231131/https://www.theguardian.com/cities/2018/jul/02/its-a-huge-subsidy-the-48bn-gamble-to-lure-foxconn-to-america|url-status=live}}</ref><ref>{{Cite news|url=https://www.politifact.com/wisconsin/statements/2017/aug/15/one-wisconsin-now/wisconsins-3-billion-offer-foxconn-gift-and-it-lar/|title=$3B to Foxconn largest state 'gift' to a foreign company?|work=@politifact|access-date=2018-11-02|archive-date=15 January 2020|archive-url=https://web.archive.org/web/20200115040313/https://www.politifact.com/wisconsin/statements/2017/aug/15/one-wisconsin-now/wisconsins-3-billion-offer-foxconn-gift-and-it-lar/|url-status=live}}</ref><ref name=":3">{{Cite news|url=https://www.theverge.com/2018/10/29/18027032/foxconn-wisconsin-plant-jobs-deal-subsidy-governor-scott-walker|title=Wisconsin's $4.1 billion Foxconn factory boondoggle|work=The Verge|access-date=2018-11-03|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231121/https://www.theverge.com/2018/10/29/18027032/foxconn-wisconsin-plant-jobs-deal-subsidy-governor-scott-walker|url-status=live}}</ref><ref name=":5">{{Cite news|url=https://www.newyorker.com/news/dispatch/did-scott-walker-and-donald-trump-deal-away-the-governors-race-to-foxconn|title=Did Scott Walker and Donald Trump Deal Away the Wisconsin Governor's Race to Foxconn?|magazine=The New Yorker|access-date=2018-11-06|language=en-US|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806232630/https://www.newyorker.com/news/dispatch/did-scott-walker-and-donald-trump-deal-away-the-governors-race-to-foxconn|url-status=live}}</ref> Some estimate that Foxconn is expected to contribute $51.5 billion to Wisconsin's GDP over the next 15 years, which is $3.4 billion annually.<ref>{{Cite news|url=https://www.jsonline.com/story/money/business/2018/03/23/foxconn-would-add-51-5-billion-state-economy-over-15-years-business-group-estimates/451605002/|title=Foxconn would add $51.5 billion to state economy over 15 years, business group estimates|work=Milwaukee Journal Sentinel|access-date=2018-07-06|language=en|archive-date=22 September 2021|archive-url=https://web.archive.org/web/20210922121157/https://www.jsonline.com/story/money/business/2018/03/23/foxconn-would-add-51-5-billion-state-economy-over-15-years-business-group-estimates/451605002/|url-status=live}}</ref> However, numerous economists have also expressed skepticism that the benefits would exceed the costs of the deal.<ref>{{Cite news|url=https://econofact.org/the-geography-of-need-and-the-proposed-foxconn-deal-in-wisconsin|title=The Geography of Need and the Foxconn Deal in Wisconsin {{!}} Econofact|date=2017-08-28|work=Econofact|access-date=2018-11-03|archive-date=20 October 2021|archive-url=https://web.archive.org/web/20211020063757/https://econofact.org/the-geography-of-need-and-the-proposed-foxconn-deal-in-wisconsin|url-status=live}}</ref><ref>{{Cite news|url=https://www.marketwatch.com/story/wisconsin-taxpayers-need-to-pull-the-plug-on-this-con-of-a-foxconn-deal-2018-11-02|title=Wisconsin taxpayers need to pull the plug on this con of a Foxconn deal|last=Hicks|first=Michael J.|work=MarketWatch|access-date=2018-11-03|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231126/https://www.marketwatch.com/story/wisconsin-taxpayers-need-to-pull-the-plug-on-this-con-of-a-foxconn-deal-2018-11-02|url-status=live}}</ref><ref>{{Cite news|url=https://eu.jsonline.com/story/opinion/contributors/2017/08/13/chowdhury-hype-and-reality-foxconn-deal/559484001/|title=Chowdhury: The hype and the reality of the Foxconn deal|work=Milwaukee Journal Sentinel|access-date=2018-11-03|archive-date=5 April 2023|archive-url=https://web.archive.org/web/20230405190257/https://eu.jsonline.com/story/opinion/contributors/2017/08/13/chowdhury-hype-and-reality-foxconn-deal/559484001/|url-status=live}}</ref><ref>{{Cite news|url=https://www.forbes.com/sites/jeffreydorfman/2017/09/06/government-incentives-to-attract-jobs-are-terrible-deals-for-taxpayers/1#5b7ad9526eff|title=Government Incentives To Attract Jobs Are Terrible Deals For Taxpayers|last=Dorfman|first=Jeffrey|work=Forbes|access-date=2018-11-03|archive-date=3 November 2018|archive-url=https://web.archive.org/web/20181103053135/https://www.forbes.com/sites/jeffreydorfman/2017/09/06/government-incentives-to-attract-jobs-are-terrible-deals-for-taxpayers/1#5b7ad9526eff|url-status=live}}</ref><ref>{{Cite news|url=https://www.bloomberg.com/opinion/articles/2018-11-06/wisconsin-s-deal-with-foxconn-is-the-worst-of-corporate-welfare|title=Wisconsin's Deal With Foxconn Was as Bad as They Come|newspaper=Bloomberg.com|date=6 November 2018|access-date=2018-11-06|archive-date=17 February 2021|archive-url=https://web.archive.org/web/20210217065848/https://www.bloomberg.com/opinion/articles/2018-11-06/wisconsin-s-deal-with-foxconn-is-the-worst-of-corporate-welfare|url-status=live}}</ref> Others have noted that Foxconn has made similar claims about job creation in the past which did not come to fruition.<ref name=":2" /><ref name=":3" /><ref>{{Cite news|url=https://money.cnn.com/2017/07/27/technology/business/foxconn-china-us-wisconsin-workers/|title=Foxconn invests in Wisconsin: Workers 'should be wary'|last=Griffiths|first=James|work=CNNMoney|access-date=2018-11-03|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231124/https://money.cnn.com/2017/07/27/technology/business/foxconn-china-us-wisconsin-workers/|url-status=live}}</ref> |
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Foxconn was also exempted by Governor [[Scott Walker (politician)|Scott Walker]] from filing an [[environmental impact statement]], prompting criticism from environmentalists.<ref name="talton">{{cite news|url=http://www.seattletimes.com/business/economy/foxconns-wisconsin-score-and-the-state-subsidy-con/|title=Foxconn's Wisconsin score and the state subsidy con| |
Foxconn was also exempted by Governor [[Scott Walker (politician)|Scott Walker]] from filing an [[environmental impact statement]], prompting criticism from environmentalists.<ref name="talton">{{cite news|url=http://www.seattletimes.com/business/economy/foxconns-wisconsin-score-and-the-state-subsidy-con/|title=Foxconn's Wisconsin score and the state subsidy con|first=John|last=Talton|date=3 August 2017|newspaper=Seattle Times|access-date=15 August 2017|archive-date=15 May 2021|archive-url=https://web.archive.org/web/20210515224313/https://www.seattletimes.com/business/economy/foxconns-wisconsin-score-and-the-state-subsidy-con/|url-status=live}}</ref> The plant was estimated to contribute significantly to air pollution in the region.<ref>{{Cite news|url=https://eu.jsonline.com/story/news/politics/2018/03/28/foxconn-industrial-operations-would-represent-major-new-source-air-pollution-region/461586002/|title=Foxconn industrial operations would represent a major new source of air pollution in region|work=Milwaukee Journal Sentinel|access-date=2018-11-03|archive-date=9 November 2020|archive-url=https://web.archive.org/web/20201109025109/https://eu.jsonline.com/story/news/politics/2018/03/28/foxconn-industrial-operations-would-represent-major-new-source-air-pollution-region/461586002/|url-status=live}}</ref> Environmentalists criticised the decision to allow Foxconn to draw {{convert|7|e6USgal|m3|order=flip}} of water per day from [[Lake Michigan]].<ref name=":3" /> Given water concerns, Foxconn is spending $30 million on zero liquid discharge technology.<ref name="auto">{{cite web|url=https://walker.wi.gov/press-releases/foxconn-myth-vs-fact-foxconn-and-wisconsin-s-environment|title=Foxconn Myth Vs. Fact: Foxconn and Wisconsin's Environment {{!}} Governor Scott Walker|website=walker.wi.gov|language=en|access-date=2018-07-06|archive-date=5 January 2019|archive-url=https://web.archive.org/web/20190105075114/https://walker.wi.gov/press-releases/foxconn-myth-vs-fact-foxconn-and-wisconsin-s-environment|url-status=live}}</ref> Foxconn is also required to replace wetlands at a higher ratio than other companies; Foxconn must restore 2 acres of wetland for every 1 acre disturbed instead of the ratio of 1.2 to 1 for other companies.<ref name="auto"/> |
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As of 4 October 2017, Foxconn agreed to locate their plant in [[Mount Pleasant, Wisconsin]],<ref>{{cite web|url=http://www.chicagotribune.com/business/ct-biz-foxconn-plant-mount-pleasant-20171004-story.html|title=Foxconn to locate Wisconsin plant in Mount Pleasant|first=Ivan|last=Moreno|website=[[Chicago Tribune]]}}</ref> and broke ground for the plant 28 June 2018. [[Donald Trump|President Trump]] was in attendance to promote American manufacturing.<ref>{{cite news|url=http://www.wisn.com/article/president-trump-milwaukee-wisconsin-fundraiser-foxconn/21237331|title=Trump praises groundbreaking of Foxconn plant|date=29 June 2018|work=WISN}}</ref><ref>{{Cite news|url=http://www.chicagotribune.com/business/ct-biz-trump-foxconn-groundbreaking-wisconsin-20180628-story.html|title=In Wisconsin visit, Trump praises Foxconn factory and again warns Harley-Davidson|last=Zumbach|first=Lauren|work=chicagotribune.com|access-date=2018-06-29|language=en-US}}</ref> |
As of 4 October 2017, Foxconn agreed to locate their plant in [[Mount Pleasant, Wisconsin]],<ref>{{cite web|url=http://www.chicagotribune.com/business/ct-biz-foxconn-plant-mount-pleasant-20171004-story.html|title=Foxconn to locate Wisconsin plant in Mount Pleasant|first=Ivan|last=Moreno|website=[[Chicago Tribune]]|date=4 October 2017|access-date=5 October 2017|archive-date=1 August 2022|archive-url=https://web.archive.org/web/20220801134550/https://www.chicagotribune.com/business/ct-biz-foxconn-plant-mount-pleasant-20171004-story.html|url-status=live}}</ref> and broke ground for the plant 28 June 2018. [[Donald Trump|President Trump]] was in attendance to promote American manufacturing.<ref>{{cite news|url=http://www.wisn.com/article/president-trump-milwaukee-wisconsin-fundraiser-foxconn/21237331|title=Trump praises groundbreaking of Foxconn plant|date=29 June 2018|work=WISN|access-date=28 June 2018|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231120/https://www.wisn.com/article/president-trump-milwaukee-wisconsin-fundraiser-foxconn/21237331|url-status=live}}</ref><ref>{{Cite news|url=http://www.chicagotribune.com/business/ct-biz-trump-foxconn-groundbreaking-wisconsin-20180628-story.html|title=In Wisconsin visit, Trump praises Foxconn factory and again warns Harley-Davidson|last=Zumbach|first=Lauren|work=chicagotribune.com|access-date=2018-06-29|language=en-US|archive-date=7 August 2022|archive-url=https://web.archive.org/web/20220807014749/https://www.chicagotribune.com/business/ct-biz-trump-foxconn-groundbreaking-wisconsin-20180628-story.html|url-status=live}}</ref> |
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In January 2019, Foxconn said it was reconsidering its initial plans to manufacture [[LCD screens]] at the Wisconsin plant, citing high labour costs in the United States.<ref>{{Cite news|url=https://www.reuters.com/article/us-foxconn-wisconsin-exclusive-idUSKCN1PO0FV|title=Exclusive: Foxconn reconsidering plans to make LCD panels at...|date=2019-01-30|work=Reuters|access-date=2019-01-30|language=en}}</ref> |
In January 2019, Foxconn said it was reconsidering its initial plans to manufacture [[LCD screens]] at the Wisconsin plant, citing high labour costs in the United States.<ref>{{Cite news|url=https://www.reuters.com/article/us-foxconn-wisconsin-exclusive-idUSKCN1PO0FV|title=Exclusive: Foxconn reconsidering plans to make LCD panels at...|date=2019-01-30|work=Reuters|access-date=2019-01-30|language=en|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231122/https://www.reuters.com/article/us-foxconn-wisconsin-exclusive-idUSKCN1PO0FV|url-status=live}}</ref> |
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Under a new agreement announced in April 2021, Foxconn will reduce its planned investment to $672 million with 1,454 new jobs. Tax credits available to the project were reduced to $8 million. |
Under a new agreement announced in April 2021, Foxconn will reduce its planned investment to $672 million with 1,454 new jobs. Tax credits available to the project were reduced to $8 million.<ref>{{Cite web |date=2021-04-21 |title=Foxconn mostly abandons $10 billion Wisconsin project touted by Trump |url=https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-billion-wisconsin-project-touted-by-trump.html |access-date=2024-05-09 |website=Fox News |language=en}}</ref> |
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In October 2021, [[Lordstown Motors]] announced a $250 million deal to sell a former GM plant to Foxconn, which would become a contract assembler for the company's Endurance pickup truck. The deal was completed in May 2022 for a final price of $230 million.<ref>{{Cite web |date=2022-05-12 |title=Foxconn Completes Acquisition of Lordstown Factory |url=https://www.ttnews.com/articles/foxconn-completes-acquisition-lordstown-factory |access-date=2022-05-18 |website=Transport Topics |language=en}}</ref> It was announced Foxconn would also invest $50 million into the company through a purchase of common stock.<ref name="Foldy"/> |
In October 2021, [[Lordstown Motors]] announced a $250 million deal to sell a former GM plant to Foxconn, which would become a contract assembler for the company's Endurance pickup truck. The deal was completed in May 2022 for a final price of $230 million.<ref>{{Cite web |date=2022-05-12 |title=Foxconn Completes Acquisition of Lordstown Factory |url=https://www.ttnews.com/articles/foxconn-completes-acquisition-lordstown-factory |access-date=2022-05-18 |website=Transport Topics |language=en |archive-date=15 June 2022 |archive-url=https://web.archive.org/web/20220615083715/https://www.ttnews.com/articles/foxconn-completes-acquisition-lordstown-factory |url-status=live }}</ref> It was announced Foxconn would also invest $50 million into the company through a purchase of common stock.<ref name="Foldy"/> |
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==Major customers== |
==Major customers== |
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*[[Amazon.com]] (United States)<ref name=computerworld>{{cite web|url=https://www.computerworld.com/article/2519700/smartphones/kindle-screen-maker-will-increase-capacity-to-meet-demand.html|title=Kindle screen maker will increase capacity to meet demand|last=Nystedt|first=Dan|date=28 July 2010|work=[[Computerworld]]|access-date=28 October 2017}}</ref> |
*[[Amazon.com]] (United States)<ref name=computerworld>{{cite web|url=https://www.computerworld.com/article/2519700/smartphones/kindle-screen-maker-will-increase-capacity-to-meet-demand.html|title=Kindle screen maker will increase capacity to meet demand|last=Nystedt|first=Dan|date=28 July 2010|work=[[Computerworld]]|access-date=28 October 2017|archive-date=25 December 2018|archive-url=https://web.archive.org/web/20181225145003/https://www.computerworld.com/article/2519700/smartphones/kindle-screen-maker-will-increase-capacity-to-meet-demand.html|url-status=live}}</ref> |
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*[[Apple Inc.]] (United States)<ref name=scmp>"Foxconn Option for Henan's Migrating Millions: A New Factory in Zhengzhou. He Huifeng. ''[[South China Morning Post]]''. 2010-09-15. p. 8.</ref> |
*[[Apple Inc.]] (United States)<ref name=scmp>"Foxconn Option for Henan's Migrating Millions: A New Factory in Zhengzhou. He Huifeng. ''[[South China Morning Post]]''. 2010-09-15. p. 8.</ref> |
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*[[BlackBerry Ltd]]. (Canada)<ref>{{cite news|last=Whitney|first=Lance|title=BlackBerry enlists FoxConn as Q3 loss hits $4.4B|url=http://news.cnet.com/8301-1035_3-57616149-94/blackberry-enlists-foxconn-as-q3-loss-hits-$4.4b/|access-date=20 December 2013|newspaper=CNet|date=20 December 2013}}</ref> |
*[[BlackBerry Ltd]]. (Canada)<ref>{{cite news|last=Whitney|first=Lance|title=BlackBerry enlists FoxConn as Q3 loss hits $4.4B|url=http://news.cnet.com/8301-1035_3-57616149-94/blackberry-enlists-foxconn-as-q3-loss-hits-$4.4b/|access-date=20 December 2013|newspaper=CNet|date=20 December 2013|archive-date=21 December 2013|archive-url=https://web.archive.org/web/20131221111410/http://news.cnet.com/8301-1035_3-57616149-94/blackberry-enlists-foxconn-as-q3-loss-hits-$4.4b/|url-status=live}}</ref> |
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*[[Cisco Systems|Cisco]] (United States)<ref>{{cite news|url= |
*[[Cisco Systems|Cisco]] (United States)<ref>{{cite news |url=https://www.zdnet.com/article/cisco-signs-over-mexico-manufacturing-facility-to-foxconn/ |title=Cisco signs over Mexico manufacturing facility to Foxconn |work=ZDNet |date=2011-07-18 |access-date=2012-02-01 |archive-date=4 July 2014 |archive-url=https://web.archive.org/web/20140704095901/http://www.zdnet.com/blog/btl/cisco-signs-over-mexico-manufacturing-facility-to-foxconn/52610 |url-status=live }}</ref> |
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*[[Dell]] (United States)<ref name=Huffingtonpostfoxconnbynumbers>[https://www.huffingtonpost.com/propublica/foxconn-by-the-numbers_b_1237243.html Foxconn by the Numbers ]. ''[[Huffington Post]]''. 2012-01-27.</ref> |
*[[Dell]] (United States)<ref name=Huffingtonpostfoxconnbynumbers>[https://www.huffingtonpost.com/propublica/foxconn-by-the-numbers_b_1237243.html Foxconn by the Numbers ] {{Webarchive|url=https://web.archive.org/web/20181107010324/https://www.huffingtonpost.com/propublica/foxconn-by-the-numbers_b_1237243.html |date=7 November 2018 }}. ''[[Huffington Post]]''. 2012-01-27.</ref> |
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*[[Fisker Inc]] (United States) <ref>{{cite web|url=https://www.reuters.com/business/autos-transportation/fisker-finalizes-deal-with-foxconn-make-evs-us-starting-2023-2021-05-13/|title = Fisker finalizes deal with Foxconn to make EVs in U.S. Starting in 2023|website = [[Reuters]]|date = 13 May 2021}}</ref> |
*[[Fisker Inc]] (United States) <ref>{{cite web|url = https://www.reuters.com/business/autos-transportation/fisker-finalizes-deal-with-foxconn-make-evs-us-starting-2023-2021-05-13/|title = Fisker finalizes deal with Foxconn to make EVs in U.S. Starting in 2023|website = [[Reuters]]|date = 13 May 2021|access-date = 11 June 2021|archive-date = 5 August 2022|archive-url = https://web.archive.org/web/20220805201452/https://www.reuters.com/business/autos-transportation/fisker-finalizes-deal-with-foxconn-make-evs-us-starting-2023-2021-05-13/|url-status = live}}</ref> |
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*[[Google]] (United States)<ref>{{cite web|url=http://www.ibtimes.com/chinese-contractors-foxconns-underage-worker-use-affects-sony-google-apple-amazon-nokia-847987 |title= |
*[[Google]] (United States)<ref>{{cite web |url=http://www.ibtimes.com/chinese-contractors-foxconns-underage-worker-use-affects-sony-google-apple-amazon-nokia-847987 |title=Chinese Contractors: Foxconn's Underage Worker Use Affects Sony, Google, Apple, Amazon, Nokia |work=International Business Times |date=17 October 2012 |access-date=2012-10-17 |archive-date=15 November 2021 |archive-url=https://web.archive.org/web/20211115151926/https://www.ibtimes.com/chinese-contractors-foxconns-underage-worker-use-affects-sony-google-apple-amazon-nokia-847987 |url-status=live }}</ref> |
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*[[Hewlett-Packard]] (United States)<ref>Buetow, Mike (April 2005). "Foxconn, HP Extend Contract Relationship." ''Circuits Assembly''. Vol. 16, Iss. 4; p. 10, 1 pgs.</ref> |
*[[Hewlett-Packard]] (United States)<ref>Buetow, Mike (April 2005). "Foxconn, HP Extend Contract Relationship." ''Circuits Assembly''. Vol. 16, Iss. 4; p. 10, 1 pgs.</ref> |
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*[[InFocus]] (United States) |
*[[InFocus]] (United States) |
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*[[Intel]] (United States) |
*[[Intel]] (United States) |
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*[[Microsoft]] (United States)<ref>{{Cite news|date=2019-03-17|title=Microsoft-Foxconn Royalty Fight is a Blast From the Past|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-03-17/microsoft-foxconn-royalty-fight-is-a-blast-from-the-past|access-date=2021-02-04}}</ref><ref name=ms>{{cite magazine|author=E.D. Kain |url=https://www.forbes.com/sites/erikkain/2012/01/12/chinese-foxconn-workers-threaten-mass-suicide-over-xbox-pay-dispute/ |title=Chinese Foxconn Workers Threaten Mass Suicide Over Xbox Pay Dispute |magazine=Forbes |access-date=2012-02-01}}</ref> |
*[[Microsoft]] (United States)<ref>{{Cite news|date=2019-03-17|title=Microsoft-Foxconn Royalty Fight is a Blast From the Past|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-03-17/microsoft-foxconn-royalty-fight-is-a-blast-from-the-past|access-date=2021-02-04|archive-date=6 November 2021|archive-url=https://web.archive.org/web/20211106100148/https://www.bloomberg.com/news/articles/2019-03-17/microsoft-foxconn-royalty-fight-is-a-blast-from-the-past|url-status=live}}</ref><ref name=ms>{{cite magazine|author=E.D. Kain |url=https://www.forbes.com/sites/erikkain/2012/01/12/chinese-foxconn-workers-threaten-mass-suicide-over-xbox-pay-dispute/ |title=Chinese Foxconn Workers Threaten Mass Suicide Over Xbox Pay Dispute |magazine=Forbes |access-date=2012-02-01}}</ref> |
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*[[Motorola Mobility]] (United States)<ref name="Huffingtonpostfoxconnbynumbers"/> |
*[[Motorola Mobility]] (United States)<ref name="Huffingtonpostfoxconnbynumbers"/> |
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*[[Roku, Inc.]] (United States)<ref name=rk>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1428439/000156459018004134/roku-10k_20171231.htm|title=Roku, Inc. Form 10-K document for the fiscal year ended December 31, 2017|publisher=U.S. Securities and Exchange Commission|accessdate=2024-02-18}}</ref> |
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*[[Vizio]] (United States)<ref>{{cite web |author=Budi Putra |url=http://www.slashphone.com/foxconn-to-make-smartphones-for-vizio-0414711 |title=Foxconn to make smartphones for Vizio |publisher=SlashPhone |date=2006-10-05 |access-date=2012-02-01 |url-status=dead |archive-url=https://web.archive.org/web/20110107052545/http://www.slashphone.com/foxconn-to-make-smartphones-for-vizio-0414711 |archive-date=2011-01-07 }}</ref> |
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*[[Vizio]] (United States)<ref>{{cite web |first=Budi |last=Putra |url=http://www.slashphone.com/foxconn-to-make-smartphones-for-vizio-0414711 |title=Foxconn to make smartphones for Vizio |publisher=SlashPhone |date=2006-10-05 |access-date=2012-02-01 |url-status=dead |archive-url=https://web.archive.org/web/20110107052545/http://www.slashphone.com/foxconn-to-make-smartphones-for-vizio-0414711 |archive-date=2011-01-07 }}</ref> |
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*[[Acer Inc.]] (Taiwan)<ref>{{cite web|url=http://phandroid.com/2009/12/22/foxconn-making-acer-android-phones/ |title=Foxconn Making Acer Android Phones |publisher=Phandroid.com |date=2009-12-22 |access-date=2012-02-01}}</ref> |
*[[Acer Inc.]] (Taiwan)<ref>{{cite web |url=http://phandroid.com/2009/12/22/foxconn-making-acer-android-phones/ |title=Foxconn Making Acer Android Phones |publisher=Phandroid.com |date=2009-12-22 |access-date=2012-02-01 |archive-date=19 December 2015 |archive-url=https://web.archive.org/web/20151219085210/http://phandroid.com/2009/12/22/foxconn-making-acer-android-phones/ |url-status=live }}</ref> |
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*[[BBK Electronics]] (China) |
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*[[Huawei]] (China)<ref>{{cite web|last1=Kan|first1=Michael|title=Foxconn builds products for many vendors, but its mud sticks to Apple|url=http://www.computerworld.com/article/2492795/it-careers/foxconn-builds-products-for-many-vendors--but-its-mud-sticks-to-apple.html|website=Computerworld.com|access-date=4 March 2015|date=24 October 2012}}</ref> |
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*[[Huawei]] (China)<ref>{{cite web|last1=Kan|first1=Michael|title=Foxconn builds products for many vendors, but its mud sticks to Apple|url=http://www.computerworld.com/article/2492795/it-careers/foxconn-builds-products-for-many-vendors--but-its-mud-sticks-to-apple.html|website=Computerworld.com|access-date=4 March 2015|date=24 October 2012|archive-date=25 December 2018|archive-url=https://web.archive.org/web/20181225145025/https://www.computerworld.com/article/2492795/it-careers/foxconn-builds-products-for-many-vendors--but-its-mud-sticks-to-apple.html|url-status=live}}</ref> |
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*[[Lenovo]] (China) |
*[[Lenovo]] (China) |
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*[[Nintendo]] (Japan)<ref>{{cite web|url=http://www.marketwatch.com/story/nintendo-to-probe- |
*[[Nintendo]] (Japan)<ref>{{cite web |url=http://www.marketwatch.com/story/nintendo-to-probe-fFoxconn-conditions-report-2010-05-28 |title=Nintendo to probe Foxconn conditions: report |website=MarketWatch |access-date=2012-02-01 |archive-date=12 February 2015 |archive-url=https://web.archive.org/web/20150212174225/http://www.marketwatch.com/story/nintendo-to-probe-foxconn-conditions-report-2010-05-28 |url-status=live }}</ref> |
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*[[Sega]] (Japan) |
*[[Sega]] (Japan) |
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*[[Sony]] (Japan)<ref name=plays>{{cite news |url=http://www.dailytech.com/Sony+Sources+Foxconn+to+Help+Manufacture+PS3/article8894.htm |title=Sony Sources Foxconn to Help Manufacture PS3 |work=DailyTech |access-date=2012-02-01 |archive-url=https://web.archive.org/web/20120122025948/http://www.dailytech.com/Sony+Sources+Foxconn+to+Help+Manufacture+PS3/article8894.htm |archive-date=2012-01-22 |url-status=dead }}</ref> |
*[[Sony]] (Japan)<ref name=plays>{{cite news |url=http://www.dailytech.com/Sony+Sources+Foxconn+to+Help+Manufacture+PS3/article8894.htm |title=Sony Sources Foxconn to Help Manufacture PS3 |work=DailyTech |access-date=2012-02-01 |archive-url=https://web.archive.org/web/20120122025948/http://www.dailytech.com/Sony+Sources+Foxconn+to+Help+Manufacture+PS3/article8894.htm |archive-date=2012-01-22 |url-status=dead }}</ref> |
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*[[Toshiba]] (Japan)<ref>{{cite news|url=http://pogue.blogs.nytimes.com/2012/02/09/the-dilemma-of-cheap-electronics/ |title= |
*[[Toshiba]] (Japan)<ref>{{cite news |url=http://pogue.blogs.nytimes.com/2012/02/09/the-dilemma-of-cheap-electronics/ |title=The Dilemma of Cheap Electronics |newspaper=The New York Times |date=2012-02-09 |access-date=2012-02-10 |archive-date=18 March 2015 |archive-url=https://web.archive.org/web/20150318071149/http://pogue.blogs.nytimes.com/2012/02/09/the-dilemma-of-cheap-electronics/ |url-status=live }}</ref> |
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*[[Xiaomi]] (China)<ref>{{cite web|url=http://focustaiwan.tw/news/aeco/201303220027.aspx |title=China's Xiaomi Technology to become Foxconn's major client: reports | Economics |
*[[Xiaomi]] (China)<ref>{{cite web |url=http://focustaiwan.tw/news/aeco/201303220027.aspx |title=China's Xiaomi Technology to become Foxconn's major client: reports | Economics |publisher=Focustaiwan.tw |date=2013-03-22 |access-date=2013-08-25 |archive-date=25 December 2019 |archive-url=https://web.archive.org/web/20191225154119/http://focustaiwan.tw/news/aeco/201303220027.aspx |url-status=live }}</ref> |
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{{Colend}} |
{{Colend}} |
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=== Europe === |
=== Europe === |
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*[[HMD Global]], under Nokia brand (Finland)<ref name=scmp/><ref>{{cite news|url=https://www.nytimes.com/2012/01/26/business/ieconomy-apples-ipad-and-the-human-costs-for-workers-in-china.html|title=In China, Human Costs Are Built Into an iPad|newspaper=The New York Times|date= |
*[[HMD Global]], under Nokia brand and later rebranded as HMD brand Since 2024.(Finland)<ref name=scmp/><ref>{{cite news|url=https://www.nytimes.com/2012/01/26/business/ieconomy-apples-ipad-and-the-human-costs-for-workers-in-china.html|title=In China, Human Costs Are Built Into an iPad|newspaper=The New York Times|date=2012-01-25|first1=Charles|last1=Duhigg|first2=David|last2=Barboza|access-date=26 January 2012|archive-date=20 June 2022|archive-url=https://web.archive.org/web/20220620205913/https://www.nytimes.com/2012/01/26/business/ieconomy-apples-ipad-and-the-human-costs-for-workers-in-china.html|url-status=live}}</ref> |
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==Subsidiaries== |
==Subsidiaries== |
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===FIH Mobile=== |
===FIH Mobile=== |
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FIH Mobile is a subsidiary of Foxconn, offering services such as product development and after-sales support. It was incorporated in the [[tax haven]] of the [[Cayman Islands]] in 2000.<ref>{{cite web|url=http://www.fihmb.com/about/FIHprofile.aspx |title=FIH |website=Fihmb.com |access-date=27 July 2017}}</ref> |
FIH Mobile is a subsidiary of Foxconn, offering services such as product development and after-sales support. It was incorporated in the [[tax haven]] of the [[Cayman Islands]] in 2000.<ref>{{cite web |url=http://www.fihmb.com/about/FIHprofile.aspx |title=FIH |website=Fihmb.com |access-date=27 July 2017 |archive-date=26 August 2021 |archive-url=https://web.archive.org/web/20210826153052/https://www.fihmb.com/about/FIHprofile.aspx |url-status=dead }}</ref> |
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On 18 May 2016, FIH Mobile announced the purchase of [[Microsoft Mobile]]'s feature phone business. Microsoft Mobile Vietnam is also part of the sale to FIH Mobile, which consists of the [[Hanoi]], [[Vietnam]] manufacturing facility. The rest of the business has been sold to a new [[Finland]]-based company [[HMD Global]], which started developing and selling new Nokia-branded devices in early 2017.<ref>{{cite web|url=http://www.hmdglobal.com/press/2017-02-26-a-new-era/|title=The Home of Nokia phones|website=www.hmdglobal.com|access-date=1 March 2017}}</ref><ref>{{cite web|url=http://www.slashgear.com/microsoft-sells-nokia-brand-to-foxconn-and-hmd-global-18440501/ |title=Microsoft sells Nokia brand use to Foxconn and HMD global |website=SlashGear.com |date=18 May 2016 |access-date=27 July 2017}}</ref> The total sale to both companies amounted to US$350 million. FIH Mobile is now manufacturing new Nokia-branded devices developed by HMD.<ref>{{cite web|url=https://www.engadget.com/2016/05/18/nokia-hmd-global-fih-mobile-smartphone-tablet-android/ |title=Nokia will return to mobile with Android phones and tablets |website=Engadget.com |access-date=27 July 2017}}</ref> |
On 18 May 2016, FIH Mobile announced the purchase of [[Microsoft Mobile]]'s feature phone business. Microsoft Mobile Vietnam is also part of the sale to FIH Mobile, which consists of the [[Hanoi]], [[Vietnam]] manufacturing facility. The rest of the business has been sold to a new [[Finland]]-based company [[HMD Global]], which started developing and selling new Nokia-branded devices in early 2017.<ref>{{cite web|url=http://www.hmdglobal.com/press/2017-02-26-a-new-era/|title=The Home of Nokia phones|website=www.hmdglobal.com|access-date=1 March 2017|archive-date=8 June 2020|archive-url=https://web.archive.org/web/20200608132013/https://www.hmdglobal.com/press/2017-02-26-a-new-era/|url-status=dead}}</ref><ref>{{cite web |url=http://www.slashgear.com/microsoft-sells-nokia-brand-to-foxconn-and-hmd-global-18440501/ |title=Microsoft sells Nokia brand use to Foxconn and HMD global |website=SlashGear.com |date=18 May 2016 |access-date=27 July 2017 |archive-date=12 November 2020 |archive-url=https://web.archive.org/web/20201112030512/https://www.slashgear.com/microsoft-sells-nokia-brand-to-foxconn-and-hmd-global-18440501/ |url-status=live }}</ref> The total sale to both companies amounted to US$350 million. FIH Mobile is now manufacturing new Nokia-branded devices developed by HMD.<ref>{{cite web |url=https://www.engadget.com/2016/05/18/nokia-hmd-global-fih-mobile-smartphone-tablet-android/ |title=Nokia will return to mobile with Android phones and tablets |website=Engadget.com |date=18 May 2016 |access-date=27 July 2017 |archive-date=16 April 2019 |archive-url=https://web.archive.org/web/20190416184532/https://www.engadget.com/2016/05/18/nokia-hmd-global-fih-mobile-smartphone-tablet-android/ |url-status=live }}</ref> |
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===Foxtron=== |
===Foxtron=== |
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{{Main|Foxtron}} |
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'''Foxtron''' ({{lang|zh-hant|鴻華先進科技}}) is a joint venture of Foxconn and [[Yulon|Yulon Group]] founded in 2020 for vehicular manufacturing and research and development of electric vehicles.<ref name=Foxtron-About-202011>{{cite web |url= https://www.foxtronev.com/en/about |title= About |publisher= Foxtron |date= November 2020 }}</ref><ref name=InEVs-20210329>{{cite web |url= https://insideevs.com/news/497404/foxtron-foxconn-electric-car-brand/ |title= Foxtron Will Be Foxconn's Electric Car Brand Based On MIH Open Platform |author= Gustavo Henrique Ruffo |date= 29 March 2021 |publisher= Inside EVs }}</ref> |
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'''Foxtron''' ({{lang|zh-hant|鴻華先進科技}}) is a joint venture of Foxconn and [[Yulon|Yulon Group]] founded in 2020 for vehicular manufacturing and research and development of electric vehicles.<ref name=Foxtron-About-202011>{{cite web |url= https://www.foxtronev.com/en/about |title= About |publisher= Foxtron |date= November 2020 |access-date= 27 October 2021 |archive-date= 24 March 2022 |archive-url= https://web.archive.org/web/20220324154324/https://www.foxtronev.com/en/about |url-status= live }}</ref><ref name=InEVs-20210329>{{cite web |url= https://insideevs.com/news/497404/foxtron-foxconn-electric-car-brand/ |title= Foxtron Will Be Foxconn's Electric Car Brand Based On MIH Open Platform |author= Gustavo Henrique Ruffo |date= 29 March 2021 |publisher= Inside EVs |access-date= 14 October 2021 |archive-date= 7 November 2021 |archive-url= https://web.archive.org/web/20211107114003/https://insideevs.com/news/497404/foxtron-foxconn-electric-car-brand/ |url-status= live }}</ref> |
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== Affiliates == |
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Foxlink Group is a Foxconn affiliate.<ref name="Focus Green Energy" /> |
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=== |
===Sharp=== |
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'''Sharp Corporation''' (シャープ株式会社, ''Shāpu [[Kabushiki-gaisha]]'') is a Japanese electronics company. It is headquartered in [[Sakai]], [[Osaka]] and was founded by [[Tokuji Hayakawa]] in 1912 in [[Honjo, Tokyo]] and established as the Hayakawa Metal Works Institute in [[Abeno-ku, Osaka|Abeno]], [[Osaka]] in 1924. Since 2016, it is majority owned by Taiwan-based manufacturer Hon Hai Precision Industry Co., Ltd., better known as [[Foxconn]].<ref>{{Cite news |date=April 2, 2016 |title=Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts |url=https://www.reuters.com/article/world/uk/foxconn-seals-35-billion-takeover-of-sharp-as-executives-seek-to-shake-off-dou-idUSKCN0WZ06S/ |access-date=September 13, 2024 |work=Reuters}}</ref> |
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Shinfox Energy is a Foxlink Group subsidiary.<ref name="Focus Green Energy" >{{cite web |last1=Chien-chung |first1=Chang |last2=Jung-feng |first2=Chung |last3=Huang |first3=Frances |title=Hon Hai aims to buy 70 million kWh of green power in Taiwan by 2030 |url=https://focustaiwan.tw/sci-tech/202204160005 |website=focustaiwan.tw |publisher=Focus Taiwan |access-date=22 April 2022}}</ref> |
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== Controversies == |
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=====Foxwell Power===== |
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{{See also|Foxconn and unions|Apple and unions}} |
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Foxwell Power is a subsidiary of Shinfox Energy. Foxwell Power contracted with corporate great-grandparent Foxconn to supply 2.36 million kWh of green electricity in 2022.<ref name="Focus Green Energy" /> |
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Foxconn has been involved in several controversies relating to employee grievances or treatment. Foxconn has more than a million employees.<ref>{{cite web | url=https://www.propublica.org/article/by-the-numbers-life-and-death-at-foxconn | title=By the Numbers: Life and Death at Foxconn | publisher=ProPublica | work=propublica.org | date=Jan 27, 2012 | access-date=14 May 2014 | author=Beckett, Lois | archive-date=9 August 2022 | archive-url=https://web.archive.org/web/20220809124506/https://www.propublica.org/article/by-the-numbers-life-and-death-at-foxconn | url-status=live }}</ref> In China, it employed more people than any other private company {{As of|2011|lc=y|post=.}}<ref name=privsec/> |
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==Controversies== |
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{{See also|Apple worker organizations}} |
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Foxconn has been involved in several controversies relating to employee grievances or treatment. Foxconn has more than a million employees.<ref>{{cite web | url=https://www.propublica.org/article/by-the-numbers-life-and-death-at-foxconn | title=By the Numbers: Life and Death at Foxconn | publisher=ProPublica | work=propublica.org | date=Jan 27, 2012 | access-date=14 May 2014 | author=Beckett, Lois}}</ref> In China, it employed more people than any other private company {{As of|2011|lc=y|post=.}}<ref name=privsec/> |
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===Working conditions=== |
===Working conditions=== |
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Allegations of poor working conditions have been made on several occasions. News reports highlight the long working hours,<ref name="Economist-Foxconn"/><ref name=bloom/> discrimination against |
Allegations of poor working conditions have been made on several occasions. News reports highlight the long working hours,<ref name="Economist-Foxconn"/><ref name=bloom/> discrimination against mainland Chinese workers by their [[Taiwan]]ese co-workers,<ref name="management">{{cite web |url=http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20111126000001&cid=1103 |title=Foxconn called to account for another employee suicide |date=26 November 2011 |publisher=WantChinaTimes.com |access-date=8 December 2012 |url-status=dead |archive-url=https://web.archive.org/web/20130513013342/http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20111126000001&cid=1103 |archive-date=13 May 2013}}</ref> and lack of working relationships at the company.<ref name="moore">{{cite news|last=Moore |first=Malcolm |url=http://blogs.telegraph.co.uk/news/malcolmmoore/100039883/what-has-triggered-the-suicide-cluster-at-foxconn/ |archive-url=https://web.archive.org/web/20100518163618/http://blogs.telegraph.co.uk/news/malcolmmoore/100039883/what-has-triggered-the-suicide-cluster-at-foxconn/ |url-status=dead |archive-date=18 May 2010 |title=What Has Triggered the Suicide Cluster at Foxconn? | work = [[The Daily Telegraph]] |date=2010-05-16 |access-date=2010-07-09 |location=London}}</ref> Although Foxconn was found to be compliant in the majority of areas when [[Apple Inc.]] audited the maker of its [[iPod]]s and [[iPhone]]s in 2007,<ref name=wsj/> the audit did substantiate several of the allegations.<ref>{{cite web |url=http://www.macworld.co.uk/news/mac/inside-apples-ipod-factories-14915/ |title=Inside Apple's iPod factories - Macworld UK |website=Macworld.co.uk |date=2006-06-12 |access-date=2017-07-27 |archive-date=5 October 2020 |archive-url=https://web.archive.org/web/20201005173053/https://www.macworld.co.uk/news/mac/inside-apples-ipod-factories-14915/ |url-status=dead }}</ref> In May 2010, ''[[Shanghaiist]]'' reported that security guards had been caught beating factory workers.<ref>{{cite news |
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In reaction to a spate of negative press, particularly that involving worker suicides in which 14 people died<ref name="reutersthree">{{cite news|url=https://www.reuters.com/article/idUSTRE6A41M920101105|title=Foxconn Worker Plunges to Death at China Plant: Report|work= |
In reaction to a spate of negative press, particularly that involving worker suicides in which 14 people died<ref name="reutersthree">{{cite news|url=https://www.reuters.com/article/idUSTRE6A41M920101105|title=Foxconn Worker Plunges to Death at China Plant: Report|work=Reuters|first=James|last=Pomfret|date=2010-11-05|access-date=1 July 2017|archive-date=26 January 2011|archive-url=https://web.archive.org/web/20110126020706/http://www.reuters.com/article/idUSTRE6A41M920101105|url-status=live}}</ref> from January to May 2010, [[Steve Jobs]] defended Apple's relationship with the company in June 2010, citing that its Chinese partner is "pretty nice" and is "not a sweatshop".<ref>{{cite journal|title = An Ethical Stakeholder Approach to Crisis Communication: A Case Study of Foxconn's 2010 Employee Suicide Crisis|date = 26 October 2012|publisher = Springer Media|last = Xu|first = Kaibin|doi=10.1007/s10551-012-1522-0|volume=117|issue = 2|journal=Journal of Business Ethics|pages=371–386|s2cid = 153590623}}</ref> Meanwhile, however, a report jointly produced by 20 universities in Hong Kong, Taiwan, and mainland China described Foxconn factories as [[labour camps]]<ref>"Foxconn Factories Are Labour Camps: Report". ''[[South China Morning Post]]''. Retrieved 2010-10-10.</ref> with widespread worker abuse and illegal overtime. |
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Concerns increased in early 2012 by an article published in ''The New York Times'' in October 2011.<ref name="The New York Times">[http://theater.nytimes.com/2011/10/18/theater/reviews/the-agony-and-the-ecstasy-of-steve-jobs-review.html/ "Moral Issues Behind iPhone and Its Makers"] {{Webarchive|url=https://web.archive.org/web/20120527093250/http://theater.nytimes.com/2011/10/18/theater/reviews/the-agony-and-the-ecstasy-of-steve-jobs-review.html |date=27 May 2012 }}. [[The New York Times]] 2012-03-28.</ref> It reported evidence that substantiated some of the criticisms. The 2012 audit commissioned by [[Apple Inc.]] and performed by the [[Fair Labor Association]] found that workers were routinely subjected to inhumane bouts of [[overtime]] of up to 34 hours without a pay increase and suggested that debilitating workplace accidents and suicides may be common.<ref name=fla2012>{{cite news | last =Williams | first =Matt |
Concerns increased in early 2012 by an article published in ''The New York Times'' in October 2011.<ref name="The New York Times">[http://theater.nytimes.com/2011/10/18/theater/reviews/the-agony-and-the-ecstasy-of-steve-jobs-review.html/ "Moral Issues Behind iPhone and Its Makers"] {{Webarchive|url=https://web.archive.org/web/20120527093250/http://theater.nytimes.com/2011/10/18/theater/reviews/the-agony-and-the-ecstasy-of-steve-jobs-review.html |date=27 May 2012 }}. [[The New York Times]] 2012-03-28.</ref> It reported evidence that substantiated some of the criticisms. The 2012 audit commissioned by [[Apple Inc.]] and performed by the [[Fair Labor Association]] found that workers were routinely subjected to inhumane bouts of [[overtime]] of up to 34 hours without a pay increase and suggested that debilitating workplace accidents and suicides may be common.<ref name=fla2012>{{cite news | last =Williams | first =Matt | title =Foxconn audit finds illegal overtime and unpaid wages at Apple factory | newspaper =guardian.co.uk | publisher =Guardian News and Media Ltd | date =29 March 2012<!-- 17.13 EDT --> | url =https://www.theguardian.com/technology/2012/mar/29/apple-foxconn-audit-labour-violations | access-date =2012-05-29 | location =London | archive-date =9 August 2017 | archive-url =https://web.archive.org/web/20170809040434/https://www.theguardian.com/technology/2012/mar/29/apple-foxconn-audit-labour-violations | url-status =live }}</ref><ref>Bonnington, Christina, [https://www.wired.com/gadgetlab/2012/02/apple-foxconn-investigations/ "Apple's Foxconn Auditing Group 'Surrounded With Controversy', Critics Say"] {{Webarchive|url=https://web.archive.org/web/20140316072950/https://www.wired.com/gadgetlab/2012/02/apple-foxconn-investigations/ |date=16 March 2014 }}, ''[[Wired (magazine)|Wired]]'', 13 February 2012</ref> A Hong Kong non-profit organisation, [[Students and Scholars Against Corporate Misbehaviour]], has written numerous negative reports on Foxconn's treatment of its employees, such as in 2010 and 2011.<ref>For 2010 reports, see {{cite web |
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}}</ref> These typically find far worse conditions than the 2012 Fair Labour Association audit did,<ref>{{cite web|last1=Nova|first1=Scott|last2=Shapiro|first2=Isaac|date=8 November 2012|title=Polishing Apple: Fair Labor Association gives Foxconn and Apple undue credit for labor rights progress|url=https://www.epi.org/publication/bp352-polishing-apple-fla-foxconn-labor-rights/ |
}}</ref> These typically find far worse conditions than the 2012 Fair Labour Association audit did,<ref>{{cite web|last1=Nova|first1=Scott|last2=Shapiro|first2=Isaac|date=8 November 2012|title=Polishing Apple: Fair Labor Association gives Foxconn and Apple undue credit for labor rights progress|url=https://www.epi.org/publication/bp352-polishing-apple-fla-foxconn-labor-rights/|access-date=2021-09-12|website=[[Economic Policy Institute]]|language=en-US|archive-date=8 April 2022|archive-url=https://web.archive.org/web/20220408082430/https://www.epi.org/publication/bp352-polishing-apple-fla-foxconn-labor-rights/|url-status=live}}</ref> but they rely on a far smaller number of employee informants, circa 100 to 170.<ref>For report relying on 100 worker informants, see {{cite news |date=13 Oct 2010 |title=Workers as Machines: Military Management in Foxconn |url=https://www.goldgenie.com/24k-gold-iphone-15-luxury-pro-pro-max/ |access-date=24 June 2012 |work=Students and Scholars Against Corporate Misbehavior |archive-date=27 January 2024 |archive-url=https://web.archive.org/web/20240127214711/https://www.goldgenie.com/24k-gold-iphone-15-luxury-pro-pro-max/ |url-status=dead }} |
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* For report relying on 170 worker informants, see {{cite news | url=http://sacom.hk/wp-content/uploads/2011/05/2011-05-06_foxconn-and-apple-fail-to-fulfill-promises1.pdf | title=Foxconn and Apple Fail to Fulfill Promises: Predicaments of Workers After the Suicides | work=Students and Scholars Against Corporate Misbehavior | date=6 May 2011 | access-date=24 June 2012 }}{{Dead link|date=September 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> The Fair Labor Association audit in 2012 used interviews with 35,000 Foxconn employees.<ref name=fla2012/> |
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* For report relying on 170 worker informants, see {{cite news |date=6 May 2011 |title=Foxconn and Apple Fail to Fulfill Promises: Predicaments of Workers After the Suicides |url=http://sacom.hk/wp-content/uploads/2011/05/2011-05-06_foxconn-and-apple-fail-to-fulfill-promises1.pdf |access-date=24 June 2012 |work=Students and Scholars Against Corporate Misbehavior }}{{Dead link|date=September 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> The Fair Labor Association audit in 2012 used interviews with 35,000 Foxconn employees.<ref name=fla2012/> |
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In January 2012, about 150 Foxconn employees threatened to commit a [[mass suicide]] in protest of their working conditions.<ref>[https://www.telegraph.co.uk/news/worldnews/asia/china/9006988/Mass-suicide-protest-at-Apple-manufacturer-Foxconn-factory.html {{"'}}Mass Suicide' Protest at Apple Manufacturer Foxconn Factory"]. [[The Daily Telegraph]]. 11 Jan 2012.</ref> One worker said the protest resulted from 600 workers being moved into a new "unbearable" factory location.<ref name="TECHT"/> In September 2012, a fight at worker dormitories in [[Taiyuan]], [[Shanxi]], where a guard allegedly was beating a worker, escalated into a riot involving 2,000 people and was quelled by security.<ref>{{cite news | url=https://www.bloomberg.com/news/2012-09-26/foxconn-workers-labor-under-police-watch-after-riot-shuts-plant.html | title=Foxconn Workers Labor Under Guard After Riot Shuts Plant | publisher=Bloomberg | work=bloomberg.com | date=Sep 26, 2012 | access-date=21 November 2012}}</ref> |
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In January 2012, about 150 Foxconn employees threatened to commit a [[mass suicide]] in protest of their working conditions.<ref>[https://www.telegraph.co.uk/news/worldnews/asia/china/9006988/Mass-suicide-protest-at-Apple-manufacturer-Foxconn-factory.html {{"'}}Mass Suicide' Protest at Apple Manufacturer Foxconn Factory"] {{Webarchive|url=https://web.archive.org/web/20220806231119/https://www.telegraph.co.uk/news/worldnews/asia/china/9006988/Mass-suicide-protest-at-Apple-manufacturer-Foxconn-factory.html |date=6 August 2022 }}. [[The Daily Telegraph]]. 11 Jan 2012.</ref> One worker said the protest resulted from 600 workers being moved into a new "unbearable" factory location.<ref name="TECHT"/> In September 2012, a fight at worker dormitories in [[Taiyuan]], [[Shanxi]], where a guard allegedly was beating a worker, escalated into a riot involving 2,000 people and was quelled by security.<ref>{{cite news | url=https://www.bloomberg.com/news/2012-09-26/foxconn-workers-labor-under-police-watch-after-riot-shuts-plant.html | title=Foxconn Workers Labor Under Guard After Riot Shuts Plant | publisher=Bloomberg | work=bloomberg.com | date=Sep 26, 2012 | access-date=21 November 2012 | archive-date=7 March 2017 | archive-url=https://web.archive.org/web/20170307063404/https://www.bloomberg.com/news/2012-09-26/foxconn-workers-labor-under-police-watch-after-riot-shuts-plant.html | url-status=live }}</ref> |
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In October 2012, the company admitted that 14-year-old children had worked for a short time at a facility in [[Yantai]], [[Shandong Province]], as part of an internship programme,<ref name=14years>{{cite news | url=https://www.reuters.com/article/us-foxconn-teenagers-idUSBRE89F1U620121017 | title=Foxconn says underage workers used in China plant | publisher=Thompson Reuters | work=reuters.com | date=Oct 17, 2012 | access-date=2013-06-03 |author1=Ben Blanchard |author2=Mark Bendeich |author3=Ron Popeski}}</ref> in violation of the age limit of 16 for legal workers.<ref name=14years/> Foxconn said that the workers had been brought in to help deal with a labor shortage, and ''[[Xinhua]]'' quoted an official saying that 56 underage interns would be returned to their schools. ''[[Reuters]]'' quoted Foxconn saying that 2.7 percent of its workforce in China were long- or short-term interns. In response to the scrutiny, Foxconn said it would cut overtime from the current 20 hours per week to less than nine hours a week.<ref name=14years/> |
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In October 2012, the company admitted that 14-year-old children had worked for a short time at a facility in [[Yantai]], [[Shandong Province]], as part of an internship programme,<ref name=14years>{{cite news | url=https://www.reuters.com/article/us-foxconn-teenagers-idUSBRE89F1U620121017 | title=Foxconn says underage workers used in China plant | publisher=Thomson Reuters | work=reuters.com | date=Oct 17, 2012 | access-date=2013-06-03 | first1=Ben | last1=Blanchard | first2=Mark | last2=Bendeich | first3=Ron | last3=Popeski | archive-date=6 August 2022 | archive-url=https://web.archive.org/web/20220806231132/https://www.reuters.com/article/us-foxconn-teenagers-idUSBRE89F1U620121017 | url-status=live }}</ref> in violation of the age limit of 16 for legal workers.<ref name=14years/> Foxconn said that the workers had been brought in to help deal with a labor shortage, and ''[[Xinhua]]'' quoted an official saying that 56 underage interns would be returned to their schools. ''[[Reuters]]'' quoted Foxconn saying that 2.7 percent of its workforce in China were long- or short-term interns. In response to the scrutiny, Foxconn said it would cut overtime from the current 20 hours per week to less than nine hours a week.<ref name=14years/> |
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Also in October 2012, there was a crisis concerning an injured worker in which 26-year-old Zhang Tingzhen<ref name="Lyn Reuters"/> suffered an electric shock and fell in a factory accident<ref name="Tan Ee Lyn"/> a year earlier. His doctors did immediate surgery to remove part of his brain,<ref name="WIRED">{{cite news|title=How China Is Screwing Over its Poisoned Factory Workers|url=https://www.wired.com/2015/04/inside-chinese-factories/#slide-3|newspaper=Wired|date=2015-04-06| author= Michael Blanding and Heather White}}</ref> "[after which] he lost his memory and can neither speak, walk".<ref name="Ron Dicker">{{cite news|title=Zhang Tingzhen, Foxconn Employee Who Lost Half His Brain, Ordered To Leave Hospital (update)|url=https://www.huffingtonpost.com/2012/10/11/zhang-tingzhen-foxconn_n_1957851.html|newspaper=The Huffington Post|date=2012-10-15|author=Ron Dicker}}</ref> When his father attempted to get compensation in 2012,<ref name="WIRED"/> ''Reuters'' reported that Foxconn told the family to transport and submit him for a disability assessment in [[Huizhou]] 70 km away, or it would cut off funding for his treatment.<ref name="Lyn Reuters"/> His doctors protested the move for fear of a [[brain hemorrhage|brain haemorrhage]] en route,<ref name="Ron Dicker"/> and the company stated that it was acting within labour laws.<ref name="Tan Ee Lyn">{{cite news|title=Worker's injury casts harsh new light on Foxconn and China|url=https://www.reuters.com/article/us-china-foxconn-worker-idUSBRE8991M620121010|newspaper=Reuters|date=Oct 10, 2012|author=Tan Ee Lyn}}</ref><ref name="Paris Match">{{cite news|title=Zhang Tingzhen, Le Martyr de Foxconn|url=http://www.parismatch.com/Actu/International/Zhang-Tingzhen-le-martyr-de-Foxconn-162085|newspaper=Paris Match}}</ref> His family later sued Foxconn in 2012 and argued in court that Tingzhen had been summoned to the wrong city.<ref name="Lyn Reuters">{{cite news|title=Family Of Zhang Tingzhen, Brain-Damaged Foxconn Worker, Takes Company To Court|url=https://www.reuters.com/article/china-foxconn-trial/family-of-brain-damaged-worker-takes-foxconn-to-court-in-china-idUSL3E8LH2F820121030|work=Reuters|author=Tan Ee Lyn|date=2012-10-30}}</ref> In 2014, a court ruled that he had to be assessed in Huizhou to receive compensation, with Foxconn offering a settlement for the father to recant his criticisms, which was refused.<ref name="WIRED"/> |
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Also in October 2012, there was a crisis concerning an injured worker in which 26-year-old Zhang Tingzhen<ref name="Lyn Reuters"/> suffered an electric shock and fell in a factory accident<ref name="Tan Ee Lyn"/> a year earlier. His doctors did immediate surgery to remove part of his brain,<ref name="WIRED">{{cite news|title=How China Is Screwing Over its Poisoned Factory Workers|url=https://www.wired.com/2015/04/inside-chinese-factories/#slide-3|newspaper=Wired|date=2015-04-06|author=Michael Blanding and Heather White|access-date=5 April 2018|archive-date=24 May 2022|archive-url=https://web.archive.org/web/20220524212935/https://www.wired.com/2015/04/inside-chinese-factories/#slide-3|url-status=live}}</ref> "[after which] he lost his memory and can neither speak, walk".<ref name="Ron Dicker">{{cite news|title=Zhang Tingzhen, Foxconn Employee Who Lost Half His Brain, Ordered To Leave Hospital (update)|url=https://www.huffingtonpost.com/2012/10/11/zhang-tingzhen-foxconn_n_1957851.html|newspaper=The Huffington Post|date=2012-10-15|first=Ron|last=Dicker|access-date=20 February 2020|archive-date=8 October 2017|archive-url=https://web.archive.org/web/20171008201406/http://www.huffingtonpost.com/2012/10/11/zhang-tingzhen-foxconn_n_1957851.html|url-status=live}}</ref> When his father attempted to get compensation in 2012,<ref name="WIRED"/> ''Reuters'' reported that Foxconn told the family to transport and submit him for a disability assessment in [[Huizhou]] 70 km away, or it would cut off funding for his treatment.<ref name="Lyn Reuters"/> His doctors protested the move for fear of a [[brain hemorrhage|brain haemorrhage]] en route,<ref name="Ron Dicker"/> and the company stated that it was acting within labour laws.<ref name="Tan Ee Lyn">{{cite news|title=Worker's injury casts harsh new light on Foxconn and China|url=https://www.reuters.com/article/us-china-foxconn-worker-idUSBRE8991M620121010|newspaper=Reuters|date=Oct 10, 2012|author=Tan Ee Lyn|access-date=5 July 2021|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231126/https://www.reuters.com/article/us-china-foxconn-worker-idUSBRE8991M620121010|url-status=live}}</ref><ref name="Paris Match">{{cite news|title=Zhang Tingzhen, Le Martyr de Foxconn|url=http://www.parismatch.com/Actu/International/Zhang-Tingzhen-le-martyr-de-Foxconn-162085|newspaper=Paris Match|access-date=2 June 2013|archive-date=16 September 2021|archive-url=https://web.archive.org/web/20210916153709/https://www.parismatch.com/Actu/International/Zhang-Tingzhen-le-martyr-de-Foxconn-162085|url-status=live}}</ref> His family later sued Foxconn in 2012 and argued in court that Tingzhen had been summoned to the wrong city.<ref name="Lyn Reuters">{{cite news|title=Family Of Zhang Tingzhen, Brain-Damaged Foxconn Worker, Takes Company To Court|url=https://www.reuters.com/article/china-foxconn-trial/family-of-brain-damaged-worker-takes-foxconn-to-court-in-china-idUSL3E8LH2F820121030|work=Reuters|author=Tan Ee Lyn|date=2012-10-30|access-date=5 April 2018|archive-date=23 May 2022|archive-url=https://web.archive.org/web/20220523071740/https://www.reuters.com/article/china-foxconn-trial/family-of-brain-damaged-worker-takes-foxconn-to-court-in-china-idUSL3E8LH2F820121030|url-status=live}}</ref> In 2014, a court ruled that he had to be assessed in Huizhou to receive compensation, with Foxconn offering a settlement for the father to recant his criticisms, which was refused.<ref name="WIRED"/> |
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In February 2015, ''Beijing News'' reported that an official with the [[All-China Federation of Trade Unions|All China Federation of Trade Union]] (ACFTU), Guo Jun, said that Foxconn allegedly forced employees to work overtime, resulting in occasional death by [[karōshi]] or [[suicide]]. Jun also said that the illegal overtime resulted from a lack of investigation and light punishments. Foxconn, in return, issued a statement questioning Guo's allegations, arguing workers wanted to work overtime to earn more money.<ref name="DAILY">[http://www.chinadaily.com.cn/china/2015-02/03/content_19477082.htm "Foxconn's long hours causing workers' deaths: Union"], ''[[China Daily]]'', Zhang Xiang, 3 February 2015</ref> |
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In February 2015, ''Beijing News'' reported that an official with the [[All-China Federation of Trade Unions|All China Federation of Trade Union]] (ACFTU), Guo Jun, said that Foxconn allegedly forced employees to work overtime, resulting in occasional death by [[karōshi]] or [[suicide]]. Jun also said that the illegal overtime resulted from a lack of investigation and light punishments. Foxconn, in return, issued a statement questioning Guo's allegations, arguing workers wanted to work overtime to earn more money.<ref name="DAILY">[http://www.chinadaily.com.cn/china/2015-02/03/content_19477082.htm "Foxconn's long hours causing workers' deaths: Union"] {{Webarchive|url=https://web.archive.org/web/20210308061310/https://www.chinadaily.com.cn/china/2015-02/03/content_19477082.htm |date=8 March 2021 }}, ''[[China Daily]]'', Zhang Xiang, 3 February 2015</ref> |
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In November 2017, the ''Financial Times'' reported that it had found several students working 11-hour days at the iPhone X plant in [[Henan]] province, violating the 40-hour-per-week mandate for children. In response, Foxconn announced that it has stopped the interns' illegal overtime work at the factory in which 3,000 students had been hired that September.<ref>{{Cite news|url=https://www.bbc.com/news/business-42090777|title=iPhone supplier stops illegal overtime|date=2017-11-23|work=BBC News|access-date=2017-11-23|language=en-GB}}</ref> |
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In November 2017, the ''Financial Times'' reported that it had found several students working 11-hour days at the iPhone X plant in [[Henan]] province, violating the 40-hour-per-week mandate for children. In response, Foxconn announced that it has stopped the interns' illegal overtime work at the factory in which 3,000 students had been hired that September.<ref>{{Cite news|url=https://www.bbc.com/news/business-42090777|title=iPhone supplier stops illegal overtime|date=2017-11-23|work=BBC News|access-date=2017-11-23|language=en-GB|archive-date=6 August 2022|archive-url=https://web.archive.org/web/20220806231126/https://www.bbc.com/news/business-42090777|url-status=live}}</ref> |
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Since 2016, Foxconn has been replacing its workforce with robots, which have replaced 50% of Foxconn's labor force in 2016, and there are plans for completely automated factories.<ref>{{cite web|url=https://9to5mac.com/2016/12/30/foxconn-fully-automated-factories-robots-automated-production/|title=Foxconn has ten fully-automated production lines, aims to totally automate entire factories|date=30 December 2016}}</ref> |
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Since 2016, Foxconn has been replacing its workforce with robots, which have replaced 50% of Foxconn's labor force in 2016, and there are plans for completely automated factories.<ref>{{cite web|url=https://9to5mac.com/2016/12/30/foxconn-fully-automated-factories-robots-automated-production/|title=Foxconn has ten fully-automated production lines, aims to totally automate entire factories|date=30 December 2016|access-date=3 September 2020|archive-date=7 April 2022|archive-url=https://web.archive.org/web/20220407021331/https://9to5mac.com/2016/12/30/foxconn-fully-automated-factories-robots-automated-production/|url-status=live}}</ref> |
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In 2019, a report was issued by Taiwan News stating that some of Foxconn's managers had fraudulently used rejected parts to build iPhones.<ref>{{cite web|url=https://9to5mac.com/2019/12/18/iphones-made-from-rejected-parts/|title=$43M fraud by Foxconn managers selling iPhones made from rejected parts|first=Ben|last=Lovejoy|date=18 December 2019|website=9to5Mac}}</ref> |
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In 2019, a report was issued by Taiwan News stating that some of Foxconn's managers had fraudulently used rejected parts to build iPhones.<ref>{{cite web|url=https://9to5mac.com/2019/12/18/iphones-made-from-rejected-parts/|title=$43M fraud by Foxconn managers selling iPhones made from rejected parts|first=Ben|last=Lovejoy|date=18 December 2019|website=9to5Mac|access-date=20 December 2019|archive-date=22 June 2022|archive-url=https://web.archive.org/web/20220622150743/https://9to5mac.com/2019/12/18/iphones-made-from-rejected-parts/|url-status=live}}</ref> |
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In late 2022, working conditions were exacerbated by [[Zero-COVID]] policies leading to [[COVID-19 protests in China|protests]].<ref>{{Cite news |last1=Goh |first1=Brenda |last2=Lee |first2=Yimou |date=2022-11-24 |title=Huge Foxconn iPhone plant in China rocked by fresh worker unrest |language=en |work=Reuters |url=https://www.reuters.com/technology/foxconns-zhengzhou-plant-hit-by-fresh-worker-unrest-social-media-livestreams-2022-11-23/ |access-date=2022-11-24}}</ref><ref>{{Cite news |last1=Chien |first1=Amy Chang |last2=Che |first2=Chang |last3=Liu |first3=John |last4=Mozur |first4=Paul |date=2022-11-24 |title=In a Challenge to Beijing, Unrest Over Covid Lockdowns Spreads |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/11/24/world/asia/china-unrest-covid-lockdowns.html |access-date=2022-11-24 |issn=0362-4331}}</ref><ref>{{Cite web |date=2022-11-23 |title=Workers beaten, detained amid 'zero-COVID' protests at Chinese iPhone factory |url=https://www.pbs.org/newshour/world/workers-beaten-detained-after-zero-covid-protests-at-chinese-iphone-factory |access-date=2022-11-24 |website=PBS NewsHour |language=en-us}}</ref> |
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In late 2022, working conditions were exacerbated by [[Zero-COVID]] policies leading to [[COVID-19 protests in China|protests]].<ref>{{Cite news |last1=Goh |first1=Brenda |last2=Lee |first2=Yimou |date=2022-11-24 |title=Huge Foxconn iPhone plant in China rocked by fresh worker unrest |language=en |work=Reuters |url=https://www.reuters.com/technology/foxconns-zhengzhou-plant-hit-by-fresh-worker-unrest-social-media-livestreams-2022-11-23/ |access-date=2022-11-24 |archive-date=24 November 2022 |archive-url=https://web.archive.org/web/20221124150729/https://www.reuters.com/technology/foxconns-zhengzhou-plant-hit-by-fresh-worker-unrest-social-media-livestreams-2022-11-23/ |url-status=live }}</ref><ref>{{Cite news |last1=Chien |first1=Amy Chang |last2=Che |first2=Chang |last3=Liu |first3=John |last4=Mozur |first4=Paul |date=2022-11-24 |title=In a Challenge to Beijing, Unrest Over Covid Lockdowns Spreads |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/11/24/world/asia/china-unrest-covid-lockdowns.html |access-date=2022-11-24 |issn=0362-4331 |archive-date=29 November 2022 |archive-url=https://web.archive.org/web/20221129002833/https://www.nytimes.com/2022/11/24/world/asia/china-unrest-covid-lockdowns.html |url-status=live }}</ref><ref>{{Cite web |date=2022-11-23 |title=Workers beaten, detained amid 'zero-COVID' protests at Chinese iPhone factory |url=https://www.pbs.org/newshour/world/workers-beaten-detained-after-zero-covid-protests-at-chinese-iphone-factory |access-date=2022-11-24 |website=PBS NewsHour |language=en-us |archive-date=24 November 2022 |archive-url=https://web.archive.org/web/20221124155231/https://www.pbs.org/newshour/world/workers-beaten-detained-after-zero-covid-protests-at-chinese-iphone-factory |url-status=live }}</ref> |
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===Suicides=== |
===Suicides=== |
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{{Main|Foxconn suicides}} |
{{Main|Foxconn suicides}} |
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Suicides among Foxconn workers have attracted the media's attention.<ref name="CNET">{{cite web|last=Das |first=Sumi |url=https://www.cnet.com/news/riots-suicides-and-other-issues-in-foxconns-iphone-factories/ |title=Riots, suicides, and other issues in Foxconn's iPhone factories |website=Cnet.com |date=2012-09-25 |access-date=2017-07-27}}</ref> Among the first cases to attract attention in the press was the death of Sun Danyong, a 25-year-old man who committed suicide in July 2009 after reporting the loss of an [[iPhone 4]]<ref>[http://news.cnet.com/8301-13579_3-10291701-37.html "Apple Confirms Death of iPhone Worker in China"] {{Webarchive|url=https://web.archive.org/web/20120823165726/http://news.cnet.com/8301-13579_3-10291701-37.html |date=23 August 2012 }}. [[CNET]]. 2009-07-21.</ref> prototype in his possession.<ref>[https://www.nytimes.com/2009/07/27/technology/companies/27apple.html?_r=2&scp=1&sq=foxconn&st=cse "IPhone Maker in China Is Under Fire After a Suicide"]. ''[[The New York Times]]''. 2009-07-26. |
Suicides among Foxconn workers have attracted the media's attention.<ref name="CNET">{{cite web |last=Das |first=Sumi |url=https://www.cnet.com/news/riots-suicides-and-other-issues-in-foxconns-iphone-factories/ |title=Riots, suicides, and other issues in Foxconn's iPhone factories |website=Cnet.com |date=2012-09-25 |access-date=2017-07-27 |archive-date=21 December 2021 |archive-url=https://web.archive.org/web/20211221210131/https://www.cnet.com/news/riots-suicides-and-other-issues-in-foxconns-iphone-factories/ |url-status=live }}</ref> Among the first cases to attract attention in the press was the death of Sun Danyong, a 25-year-old man who committed suicide in July 2009 after reporting the loss of an [[iPhone 4]]<ref>[http://news.cnet.com/8301-13579_3-10291701-37.html "Apple Confirms Death of iPhone Worker in China"] {{Webarchive|url=https://web.archive.org/web/20120823165726/http://news.cnet.com/8301-13579_3-10291701-37.html |date=23 August 2012 }}. [[CNET]]. 2009-07-21.</ref> prototype in his possession.<ref>[https://www.nytimes.com/2009/07/27/technology/companies/27apple.html?_r=2&scp=1&sq=foxconn&st=cse "IPhone Maker in China Is Under Fire After a Suicide"] {{Webarchive|url=https://web.archive.org/web/20220616214638/https://www.nytimes.com/2009/07/27/technology/companies/27apple.html?_r=2&scp=1&sq=foxconn&st=cse |date=16 June 2022 }}. ''[[The New York Times]]''. 2009-07-26. |
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* Chang, Chris, [http://micgadget.com/3793/the-real-truth-behind-foxconns-suicide-cluster/ "The Real Truth Behind Foxconn's Suicide Cluster"], ''M.I.C.'', 19 May 2010 (abstracted from a newspaper article in the [[Southern Weekly]])</ref> According to ''[[The Daily Telegraph|The Telegraph]]'', |
* Chang, Chris, [http://micgadget.com/3793/the-real-truth-behind-foxconns-suicide-cluster/ "The Real Truth Behind Foxconn's Suicide Cluster"] {{Webarchive|url=https://web.archive.org/web/20120612200655/http://micgadget.com/3793/the-real-truth-behind-foxconns-suicide-cluster/ |date=12 June 2012 }}, ''M.I.C.'', 19 May 2010 (abstracted from a newspaper article in the [[Southern Weekly]])</ref> According to ''[[The Daily Telegraph|The Telegraph]]'', Danyong had been beaten by security guards.<ref name="TECHT"/> |
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There was also a series of suicides speculatively linked to low pay in 2010, though employees also noted that Foxconn paid higher wages than similar jobs.<ref name="CNET"/> In reaction to a spate of worker suicides in which 14 people died in 2010,<ref name="reutersthree"/> Foxconn installed suicide-prevention netting at the base of buildings in some facilities<ref>{{cite |
There was also a series of suicides speculatively linked to low pay in 2010, though employees also noted that Foxconn paid higher wages than similar jobs.<ref name="CNET"/> In reaction to a spate of worker suicides in which 14 people died in 2010,<ref name="reutersthree"/> Foxconn installed suicide-prevention netting at the base of buildings in some facilities<ref>{{cite news|url=https://www.theguardian.com/technology/2017/jun/18/foxconn-life-death-forbidden-city-longhua-suicide-apple-iphone-brian-merchant-one-device-extract|title=Life and death in Apple's forbidden city|first=Brian|last=Merchant|author-link=Brian Merchant |newspaper=The Observer|date=18 June 2017|access-date=13 November 2019|archive-date=24 April 2020|archive-url=https://web.archive.org/web/20200424050614/https://www.theguardian.com/technology/2017/jun/18/foxconn-life-death-forbidden-city-longhua-suicide-apple-iphone-brian-merchant-one-device-extract|url-status=live}}</ref> and promised to offer substantially higher wages at its Shenzhen production bases.<ref>[https://www.reuters.com/article/idUSTRE6902GD20101001 "Foxconn To Raise Wages Again at China Plant"] {{Webarchive|url=https://web.archive.org/web/20210826153042/https://www.reuters.com/article/idUSTRE6902GD20101001 |date=26 August 2021 }}. [[Reuters]]. 2010-10-01.</ref> In 2011, Foxconn also hired the PR firm [[Burson-Marsteller]] to help deal with the negative publicity from the suicides. That year, the nets seemed to help lower the death rate, although at least four employees died by throwing themselves off buildings.<ref name="TECHT"/> |
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In January 2012, there was a protest by workers about conditions in [[Wuhan]], with 150 workers threatening to commit mass suicide if factory conditions were not improved.<ref name="TECHT"/> In 2012 and into 2013, three young Foxconn employees were reported to have died by jumping off buildings.<ref name="TECHT"/> In January 2018, another suicide was reported by a factory worker, after 31-year old Li Ming jumped to his death off a building in [[Zhengzhou]], where the [[iPhone X]] was being manufactured.<ref name="TECHT">[https://www.telegraph.co.uk/news/2018/01/07/suicide-chinese-iphone-factory-reignites-concern-working-conditions/ "Suicide at Chinese iPhone factory reignites concern over working conditions"], ''[[The Daily Telegraph|The Telegraph]]'', Jamie Fullerton, 7 January 2018</ref> |
In January 2012, there was a protest by workers about conditions in [[Wuhan]], with 150 workers threatening to commit mass suicide if factory conditions were not improved.<ref name="TECHT"/> In 2012 and into 2013, three young Foxconn employees were reported to have died by jumping off buildings.<ref name="TECHT"/> In January 2018, another suicide was reported by a factory worker, after 31-year old Li Ming jumped to his death off a building in [[Zhengzhou]], where the [[iPhone X]] was being manufactured.<ref name="TECHT">[https://www.telegraph.co.uk/news/2018/01/07/suicide-chinese-iphone-factory-reignites-concern-working-conditions/ "Suicide at Chinese iPhone factory reignites concern over working conditions"] {{Webarchive|url=https://web.archive.org/web/20220718083630/https://www.telegraph.co.uk/news/2018/01/07/suicide-chinese-iphone-factory-reignites-concern-working-conditions/ |date=18 July 2022 }}, ''[[The Daily Telegraph|The Telegraph]]'', Jamie Fullerton, 7 January 2018</ref> |
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===The Wisconsin Valley Project=== |
===The Wisconsin Valley Project=== |
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{{Main| |
{{Main|Wisconn Valley Science and Technology Park}} |
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The project originally committed in 2017 to investing $10 billion and employing up to 13,000 workers but has now shrunk to $672 million with 1,454 jobs. |
The project originally committed in 2017 to investing $10 billion and employing up to 13,000 workers but has now shrunk to $672 million with 1,454 jobs. |
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=== Food poisoning === |
=== Food poisoning === |
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On 15 December 2021, 256 workers at Foxconn's [[Sriperumbudur]] factory developed Acute Diarrhoeal Disease due to food poisoning after eating food at the company-provided hostel. As a result of which, 159 workers were hospitalized.<ref>{{cite web|date=2021-12-18|title=Mass protest by Foxconn workers in TN, allege company hushed up severe food poisoning|url=https://www.thenewsminute.com/article/mass-protest-foxconn-workers-tn-allege-company-hushed-severe-food-poisoning-158886|access-date=2021-12-30|website=The News Minute|language=en}}</ref> The workers were provided no information about this, due to which a rumor started spreading among the workers through |
On 15 December 2021, 256 workers at Foxconn's [[Sriperumbudur]] factory developed Acute Diarrhoeal Disease due to food poisoning after eating food at the company-provided hostel. As a result of which, 159 workers were hospitalized.<ref>{{cite web|date=2021-12-18|title=Mass protest by Foxconn workers in TN, allege company hushed up severe food poisoning|url=https://www.thenewsminute.com/article/mass-protest-foxconn-workers-tn-allege-company-hushed-severe-food-poisoning-158886|access-date=2021-12-30|website=The News Minute|language=en|archive-date=30 December 2021|archive-url=https://web.archive.org/web/20211230180723/https://www.thenewsminute.com/article/mass-protest-foxconn-workers-tn-allege-company-hushed-severe-food-poisoning-158886|url-status=live}}</ref> The workers were provided no information about this, due to which a rumor started spreading among the workers through WhatsApp that two workers had died.<ref>{{Cite news|date=2021-12-19|title=Rumour over the health of workers sparks protest|language=en-IN|work=The Hindu|url=https://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/rumour-over-health-of-workers-sparks-protest/article37989174.ece|access-date=2021-12-30|issn=0971-751X|archive-date=30 December 2021|archive-url=https://web.archive.org/web/20211230180731/https://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/rumour-over-health-of-workers-sparks-protest/article37989174.ece|url-status=live}}</ref> By 17 December there were sit-in protests in worker dormitories, by 10 pm of the same day, thousands of women workers of the factory staged protests on the Chennai-Bengaluru national highway,<ref>{{cite web|title=Foxconn workers block NH after an outbreak at dormitory|url=https://www.newindianexpress.com/states/tamil-nadu/2021/dec/19/foxconn-workers-block-nh-after-outbreak-at-dormitory-2397212.html|access-date=2021-12-30|website=The New Indian Express|date=19 December 2021 |archive-date=30 December 2021|archive-url=https://web.archive.org/web/20211230180724/https://www.newindianexpress.com/states/tamil-nadu/2021/dec/19/foxconn-workers-block-nh-after-outbreak-at-dormitory-2397212.html|url-status=live}}</ref> this was met by police detention of 67 women protestors and arrest of one journalist, with many of them being released a day later.<ref>{{cite web|date=2021-12-20|title=Protesting Foxconn workers, journalist detained in TN, released after 24 hours|url=https://www.thenewsminute.com/article/protesting-foxconn-workers-journalist-detained-tn-released-after-24-hours-158932|access-date=2021-12-30|website=The News Minute|language=en|archive-date=30 December 2021|archive-url=https://web.archive.org/web/20211230180732/https://www.thenewsminute.com/article/protesting-foxconn-workers-journalist-detained-tn-released-after-24-hours-158932|url-status=live}}</ref> Following the protests the factory was shut down for a week, with the state government and district administration investigating the worker conditions. On 22 December the Food Safety Department sealed the kitchen of the dormitory<ref>{{Cite news|date=2021-12-22|title=Foxconn stir: kitchen sealed|language=en-IN|work=The Hindu|url=https://www.thehindu.com/news/cities/chennai/foxconn-stir-kitchen-sealed/article38015224.ece|access-date=2021-12-30|issn=0971-751X|archive-date=24 May 2022|archive-url=https://web.archive.org/web/20220524194956/https://www.thehindu.com/news/cities/chennai/foxconn-stir-kitchen-sealed/article38015224.ece|url-status=live}}</ref> finding rats and poor drainage. The rooms provided to workers were overcrowded, with them being forced to sleep on the floor, some even lacking toilets with a running water supply.<ref>{{Cite news|last1=Varadhan|first1=Sudarshan|last2=Ananthalakshmi|first2=A.|last3=Farhatha|first3=Ahmed|date=2021-12-30|title=Women force change at Indian iPhone plant, sick from bad food, crowded dorms|language=en|work=Reuters|url=https://www.reuters.com/world/india/women-force-change-indian-iphone-plant-sick-bad-food-crowded-dorms-2021-12-30/|access-date=2021-12-30|archive-date=18 July 2022|archive-url=https://web.archive.org/web/20220718035340/https://www.reuters.com/world/india/women-force-change-indian-iphone-plant-sick-bad-food-crowded-dorms-2021-12-30/|url-status=live}}</ref> Following the revelation of substandard living conditions, on 29 December Apple put the Foxconn plant on probation, with both Apple and Foxconn issuing statements on the dormitory and dining rooms conditions.<ref>{{Cite news|agency=Press Trust of India|date=2021-12-29|title=Apple puts Foxconn's TN facility on probation after mass food-poisoning|work=Business Standard India|url=https://www.business-standard.com/article/companies/apple-puts-foxconn-s-tn-facility-on-probation-after-mass-food-poisoning-121122901144_1.html|access-date=2021-12-30|archive-date=11 June 2022|archive-url=https://web.archive.org/web/20220611061456/https://www.business-standard.com/article/companies/apple-puts-foxconn-s-tn-facility-on-probation-after-mass-food-poisoning-121122901144_1.html|url-status=live}}</ref> In January 2022, after assuring Apple and the [[Government of Tamil Nadu|Tamil Nadu government]] that it had taken the necessary corrective measures, Foxconn began reopening its factory and resuming work in phases.<ref>{{Cite web |date=January 10, 2022 |first=Sindhu |last=Hariharan |title=Foxconn brings back around 100 workers to its Sriperumbudur facility |url=https://timesofindia.indiatimes.com/city/chennai/foxconn-brings-back-around-100-workers-to-its-sriperumbudur-facility/articleshow/88805284.cms |access-date=2022-08-19 |website=The Times of India |language=en |archive-date=19 August 2022 |archive-url=https://web.archive.org/web/20220819101526/https://timesofindia.indiatimes.com/city/chennai/foxconn-brings-back-around-100-workers-to-its-sriperumbudur-facility/articleshow/88805284.cms |url-status=live }}</ref><ref>{{Cite news |title=foxconn: Workers return to Foxconn's Chennai unit as it sets to reopen iPhone factory on January 12 |url=https://economictimes.indiatimes.com/industry/cons-products/electronics/apple-foxconn-say-to-open-tamil-nadu-plant-gradually-from-this-week/articleshow/88813734.cms |access-date=2022-08-19 |website=[[The Economic Times]] |date=11 January 2022 |archive-date=19 August 2022 |archive-url=https://web.archive.org/web/20220819101536/https://economictimes.indiatimes.com/industry/cons-products/electronics/apple-foxconn-say-to-open-tamil-nadu-plant-gradually-from-this-week/articleshow/88813734.cms |url-status=live }}</ref> |
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== Mobility in Harmony Consortium == |
== Mobility in Harmony Consortium == |
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The [[Mobility in Harmony Consortium]] was created in 2020 by Foxconn to promote a set of [[open standards]] for electric vehicles.<ref name="software platform" >{{cite web |title=MIH Consortium unveils open electronic vehicle software platform |url=https://focustaiwan.tw/sci-tech/202110200018 |website=focustaiwan.tw |publisher=Focus Taiwan |access-date=16 July 2022}}</ref> |
The [[Mobility in Harmony Consortium]] was created in 2020 by Foxconn to promote a set of [[open standards]] for electric vehicles.<ref name="software platform" >{{cite web |title=MIH Consortium unveils open electronic vehicle software platform |url=https://focustaiwan.tw/sci-tech/202110200018 |website=focustaiwan.tw |date=20 October 2021 |publisher=Focus Taiwan |access-date=16 July 2022 |archive-date=16 July 2022 |archive-url=https://web.archive.org/web/20220716224722/https://focustaiwan.tw/sci-tech/202110200018 |url-status=live }}</ref> |
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==See also== |
==See also== |
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{{Portalbar|Taiwan|Companies|Telecommunication|Electronics|Technology}} |
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* [[2010 Chinese labour unrest]] |
* [[2010 Chinese labour unrest]] |
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* [[List of companies of Taiwan]] |
* [[List of companies of Taiwan]] |
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==Further reading== |
==Further reading== |
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* {{cite news|author=Barboza, David|url=https://www.nytimes.com/2012/02/19/technology/foxconn-to-raise-salaries-for-workers-by-up-to-25.html |title=Foxconn Plans to Lift Pay Sharply at Factories in China|work=The New York Times|date= 18 February 2012}} |
* {{cite news|author=Barboza, David|url=https://www.nytimes.com/2012/02/19/technology/foxconn-to-raise-salaries-for-workers-by-up-to-25.html |title=Foxconn Plans to Lift Pay Sharply at Factories in China|work=The New York Times|date= 18 February 2012}} |
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* {{cite news| |
* {{cite news|author1=[[Charles Duhigg|Duhigg, Charles]] |author2=Barboza, David | url=https://www.nytimes.com/2012/01/26/business/ieconomy-apples-ipad-and-the-human-costs-for-workers-in-china.html |title=Human Costs Are Built Into an iPad|work= The New York Times|date= 25 January 2012}} |
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* {{cite news|first=Josh |last=Dzieza|url=https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump |title=The 8th Wonder of the World |magazine=[[The Verge]] |date= 19 October 2020}} |
* {{cite news|first=Josh |last=Dzieza|url=https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump |title=The 8th Wonder of the World |magazine=[[The Verge]] |date= 19 October 2020}} |
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* {{cite news| |
* {{cite news|author1=Kristof, Nicholas D. |author2=WuDunn, Sheryl |url=https://www.nytimes.com/2000/09/24/magazine/two-cheers-for-sweatshops.html|title=Two Cheers for Sweatshops|work=The New York Times|date= 24 September 2000}} |
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* Ngai, Pun, and Jenny Chan. "Global capital, the state, and Chinese workers: The Foxconn experience." ''Modern China'' 38.4 (2012): |
* Ngai, Pun, and Jenny Chan. "Global capital, the state, and Chinese workers: The Foxconn experience." ''Modern China'' 38.4 (2012): 383–410. |
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* {{cite news|author=[[Bill Weir|Weir, Bill]]|url=https://abcnews.go.com/International/slideshow/inside-apples-factories-china-15750239 |title=iFactory: Inside Apple|work=[[Nightline]]|publisher=ABC TV |date= 21 February 2012}} |
* {{cite news|author=[[Bill Weir|Weir, Bill]]|url=https://abcnews.go.com/International/slideshow/inside-apples-factories-china-15750239 |title=iFactory: Inside Apple|work=[[Nightline]]|publisher=ABC TV |date= 21 February 2012}}{{Dead link|date=November 2024}} |
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==External links== |
==External links== |
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{{Commons category-inline}} |
* {{Commons category-inline}} |
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{{Foxconn|state=expanded}} |
{{Foxconn|state=expanded}} |
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{{Electronics industry in Taiwan}} |
{{Electronics industry in Taiwan}} |
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{{FTSE TWSE Taiwan 50}} |
{{FTSE TWSE Taiwan 50}} |
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{{Major OEMs}} |
{{Major OEMs}} |
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{{Authority control}} |
{{Authority control}} |
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[[Category:Foxconn| ]] |
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[[Category:Former companies in the Hang Seng Index]] |
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Latest revision as of 15:17, 11 December 2024
| |
Native name | 鴻海精密工業股份有限公司 |
Romanized name | Hónghǎi Jīngmì Gōngyè Gǔfèn Yǒuxiàn Gōngsī |
Formerly | Hon Hai Plastics Corporation (鴻海塑料企業有限公司) (1974–1982) |
Company type | Public |
ISIN | TW0002317005 |
Industry | Electronics |
Founded | 20 February 1974 | (as Hon Hai Precision Industry Co., Ltd.)
Founder | Terry Gou |
Headquarters | Tucheng District, New Taipei, Taiwan |
Area served | Worldwide |
Key people | Young Liu (chairman and president) |
Products | |
Services | Electronics manufacturing services |
Revenue | NT$ 6.626 trillion (2022) ~US$213.90 billion [1] |
NT$ 173.78 billion (2022) ~US$5.61 billion [1] | |
NT$ 141.48 billion (2022) ~US$4.57 billion [1] | |
Total assets | NT$ 4.133 trillion (2022) ~US$133.42 billion [1] |
Total equity | NT$ 1.650 trillion (2022) ~US$53.27 billion [1] |
Number of employees | 767,062 (2022) (Taiwan employee data only)[2] |
Subsidiaries |
|
Website | www |
Hon Hai Precision Industry Co., Ltd. | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 鴻海精密工業股份有限公司 | ||||||||||||||
Simplified Chinese | 鸿海精密工业股份有限公司 | ||||||||||||||
| |||||||||||||||
Hon Hai Technology Group | |||||||||||||||
Traditional Chinese | 鴻海科技集團 | ||||||||||||||
Simplified Chinese | 鸿海科技集团 | ||||||||||||||
| |||||||||||||||
Foxconn Technology Group | |||||||||||||||
Traditional Chinese | 富士康科技集團 | ||||||||||||||
Simplified Chinese | 富士康科技集团 | ||||||||||||||
|
Hon Hai Precision Industry Co., Ltd. (鴻海精密工業股份有限公司), doing business as Hon Hai Technology Group (鴻海科技集團) in Taiwan, Foxconn Technology Group (富士康科技集团) in Mainland China, and Foxconn (富士康) internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng District, New Taipei City, Taiwan. In 2023, the company's annual revenue reached 6.16 trillion New Taiwan dollars (US$192 billion) and was ranked 20th in the 2023 Fortune Global 500. It is the world's largest contract manufacturer of electronics.[3] While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the largest employers worldwide.[4][5] Terry Gou is the company founder and former chairman.
Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,[6] iPad,[7] iPhone, iPod,[8] Kindle,[9] all Nintendo gaming systems since the GameCube, Nintendo DS models, Sega models, Nokia devices, Cisco products, Sony devices (including most PlayStation gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's Xbox console,[10] and several CPU sockets, including the TR4 CPU socket on some motherboards. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide.[11]
Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019. Young Liu was the special assistant to former chairman Terry Gou and the head of business group S (semiconductor). Analysts said the handover signals the company's future direction, underscoring the importance of semiconductors, together with technologies like artificial intelligence, robotics, and autonomous driving, after Foxconn's traditional major business of smartphone assembly has matured.[12]
History
[edit]Terry Gou established Hon Hai Precision Industry Co., Ltd. as an electrical components manufacturer in 1974 in Taipei, Taiwan. Foxconn's first manufacturing plant in Mainland China opened in Longhua Town, Shenzhen, in 1988.[8]
One of the important milestones for Foxconn occurred in 2001 when Intel selected the company to manufacture its Intel-branded motherboards instead of Asus.[13] By November 2007, Foxconn further expanded with an announced plan to build a new US$500 million plant in Huizhou, Southern China.[14]
In January 2012, Foxconn named Tien Chong (Terry) Cheng chief executive of its subsidiary FIH Mobile Limited.[15] At this time, Foxconn made up approximately 40% of worldwide consumer electronics production.[16]
Expansion was further pursued after a March 2012 acquisition of a 10-percent stake in the Japanese electronics company Sharp Corporation for US$806 million and to purchase up to 50 percent of the LCDs produced at Sharp's plant in Sakai, Japan.[17] However, the agreed deal was broken as Sharp's shares continued to plunge in the following months.[18] In September 2012, Foxconn announced plans to invest US$494 million in the construction of five new factories in Itu, Brazil, creating 10,000 jobs.[19]
In 2014, the company purchased Asia Pacific Telecom and won some spectrum licenses at an auction, which allowed it to operate 4G telecommunications equipment in Taiwan.[20]
On 25 February 2016, Sharp accepted a ¥700 billion (US$6.24 billion) takeover bid from Foxconn to acquire over 66 percent of Sharp's voting stock.[21] However, as Sharp had undisclosed liabilities which was later informed by Sharp's legal representative to Foxconn, the deal was halted by Foxconn's board of directors. Foxconn asked to call off the deal, but it was proceeded by the former Sharp president. Terry Gou, in the meeting, then wrote the word "義", which means "righteousness", on the whiteboard, saying that Foxconn should honor the deal.[22] A month later, on 30 March 2016, the deal was announced as finalized in a joint press statement, but at a lower price.[23]
In 2016, Foxconn, together with Tencent and luxury-car dealer Harmony New Energy Auto, founded Future Mobility, a car start up that aimed to sell all-electric fully autonomous premium cars by 2020.[24] A Foxconn unit, Foxconn Interconnect Technology, acquired Belkin International for $866m on 26 March 2018.[25]
In July 2019, Foxconn appointed Liu, Young-Way as the new chairman of the Group, which was then ranked 25th among Forbes Top 100 Digital Companies. Soon afterward, Foxconn, led by Young Liu, introduced its "3+3" Model for Transformation, prioritizing the three key industries: electric vehicles, digital health, and robotics industries. The Group is also committed to developing artificial intelligence, semiconductors, and next-generation communication technologies, building blocks in the Group's technology strategy.
In 2020, Foxconn established "Hon Hai Research Institute", with five research centers, each having an average of 40 high technology R&D professionals, all of whom are focused on the research and development of new technologies, the strengthening of Foxconn's technology, and product innovation pipeline, efforts to support the Group's transformation from "brawn" to "brains", and the enhancement of the competitiveness of Foxconn's "3+3" strategy.
Foxconn's 2Q24 revenue was NT$1.551 trillion (US$31.17 billion).[26] Circuits Assembly magazine named Foxconn the largest electronics manufacturing services company in the world for the 14th straight year.[27]
On 5 February 2020, Foxconn started producing medical masks and clothing at its Shenzhen factory in China during the Chinese New Year and the height of the COVID-19 pandemic. The company initially said the masks it makes would be for internal employee use. The outbreak of coronavirus disease 2019 led to a worldwide spike in demand for masks, resulting in global shortages.[28] In a letter to employees, Chairman Young Liu said, "I remember clearly how touching it was when Longhua Park produced our first mask at 4:41am on 5 February. It was the simplest yet most important product Foxconn has ever made. It not only supplied the group's need for epidemic prevention it also contributed to the general public and boosted the morale of the group. All that resulted from our colleagues' hard work."
Following almost a year of public controversy regarding its COVID-19 vaccine shortage;[29][30][31][32] in June 2021, Taiwan agreed to allow founder Terry Gou, through his Yongling Foundation charity,[29] to join with contract chip maker TSMC, and negotiate purchasing COVID-19 vaccines on its behalf.[30][29] In July 2021, BioNTech's Chinese sales agent Fosun Pharma announced that Foxconn and TSMC had reached an agreement to purchase 10 million BioNTech COVID-19 vaccines from Germany for Taiwan.[29][30] The two technology manufacturers pledged to each buy five million doses for up to $175 million,[29] for donation to Taiwan's vaccination program.[30]
In 2020, Foxconn initiated MIH Alliance to create an open EV ecosystem that promotes collaboration in the mobility industry, with more than 2,200 companies joining the open standard since its launch. The company announced plans to become more involved as a contract assembler of EVs. In the same year, Foxconn partnered with Fiat Chrysler Automobiles N.V. and Yulon Group for a move into EVs. Foxconn has been holding the Hon Hai Tech Day (HHTD) event since 2020 to showcase its latest achievements. In HHTD21, Foxconn introduced for the first time three self-developed EV models: the Model C recreational vehicle, the Model E sedan, and the Model T electric bus.
In January 2021, Foxconn and Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, and automotive ecosystem platforms to global automotive enterprises and ridesharing companies. In February 2021, it announced an agreement with EV startup Fisker Inc. to jointly produce more than 250,000 vehicles a year. In March 2021, Foxtron, the JV company of Foxconn and Yulon, announced cooperation with Nidec to strengthen the power on EV key component development.
In July 2021, Foxconn teamed up with CTBC Financial Holding Co., Ltd to create a new fund targeting EV investments. In June 2021, Foxconn invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop EV battery materials. In September 2021, Foxconn collaborated with Thailand's state-owned oil supplier PTT Public Co. to invest US$1–2 billion in launching an EV joint venture in Thailand. In the same month, Foxconn and Gogoro formed a strategic technology and manufacturing partnership to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smart Scooters. In October 2021, it agreed to purchase a former GM auto plant from Lordstown Motors and to purchase $50 million of the company's common stock. Under the agreement, Foxconn would use the plant to produce Lordstown's Endurance pickup truck. Fisker vehicles would also be made at the same plant.[33]
In January 2022, Foxconn signed an MoU with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to jointly develop a sustainable new energy ecosystem in Indonesia that focuses on electric batteries, electric mobility, and associated industries. In May 2022, Foxconn announced the completion of the Lordstown Motors facility purchase and further signed a contract manufacturing agreement and a joint venture agreement with LMC for product development.
In mid-2021, Foxconn announced that the company will enter into more semiconductor production and will be expanding into supplying chips for electric vehicles (EVs) and electronics equipment used for healthcare.[34] In May 2021, Foxconn and Yageo Group entered into a joint venture agreement to form XSemi Corporation ("XSemi") to extend the businesses into the semiconductor industry, including product development and sales. Based in Hsinchu, Taiwan, XSemi aims to consolidate the strengths and resources of the two market leaders, in addition to the upcoming multifaceted collaborations with leading semiconductor companies in product design, process and capacity planning, and sales channel. In August 2021, Foxconn acquired a Macronix 6-inch Wafer Fab for US$90.8mn.
In February 2022, Foxconn formed a joint venture company with Vedanta Limited, one of India's leading multinational groups, to manufacture semiconductors in India. Foxconn dropped out of the deal in July 2023.[35] In April 2022, it was announced Foxconn had acquired the wireless telecommunications company, arQana Technologies – with the new organization being rebranded as "iCana".[36] Foxconn also announced a merger with the integrated circuit designing firm AchernarTek for an undisclosed amount. The acquisition and consolidation will help Foxconn develop semiconductors for the automotive sector and 5G infrastructure.[37] In September 2022, Foxtron, the automotive division of Foxconn works with Luxgen to launch its first electric vehicle, Luxgen n7.[38]
International operations
[edit]Foxconn has 137 campuses and offices in 24 countries and areas around the globe. The majority of Foxconn's factories are located in East Asia, with others in Brazil, India, Europe, and Mexico.[39]
China
[edit]As of 2012, Foxconn had 12 factories in nine Chinese cities—more than in any other country.[40]
The largest Foxconn factory is located in Longhua Subdistrict, Shenzhen, where hundreds of thousands of workers (varying counts include 230,000,[39] 300,000,[41] and 450,000)[42] are employed at the Longhua Science & Technology Park, a walled campus[8] sometimes referred to as "Foxconn City".[43]
Covering about 3 km2 (1.2 sq mi),[44] the park includes 15 factories,[43] worker dormitories, four swimming pools,[45] fire brigade,[8] own television network (Foxconn TV),[8] city centre with grocery store, bank, restaurants, book store, hospital.[8] While some workers live in surrounding towns and villages, others live and work inside the complex;[46] a quarter of the employees live in the dormitories.
Another Foxconn factory "city" is located at Zhengzhou Technology Park in Zhengzhou, Henan province, where a reported 120,000 workers were employed as of 2012,[47] later, 200,000 workers were employed as of November 2022.[48] The park produces the bulk of Apple's iPhone line and is sometimes referred to as "iPhone City".[49]
Foxconn's future expansion include sites at Wuhan in Hubei province, Kunshan in Jiangsu province, Tianjin, Beijing, Huizhou and Guangzhou in Guangdong province, China.[40] A Foxconn branch that primarily manufactures Apple products is Hongfujin.
On 25 May 2016, the BBC reported that Foxconn replaced 60,000 employees because it had automated "many of the manufacturing tasks associated with their operations". The organization later confirmed those claims.[50]
In September 2017, Foxconn agreed with the Nanjing government to invest US$5.7 billion for the development of intelligent terminal devices, LCD development, and other research.[51]: 74
In July 2021, the Henan floods hit the world's biggest Apple iPhone assembly plant in Zhengzhou, but production was not affected.[52]
On 21 October 2022, and in response to a Covid outbreak at Zhengzhou Technology Park, Foxconn imposed restrictions on its iPhone assembly plant, with dine-in meal facilities closed.[53][54] On 31 October 2022, after policies intended to control a Covid outbreak prevented workers from leaving the complex, many workers jumped the fence in order to escape.[55] On 2 November 2022, the government imposed the lockdown to the Zhengzhou Airport Economy Zone, where the Foxconn factory is situated.[56] On 23 November, workers clashed with law enforcement over the harsh COVID restrictions and claims that Foxconn failed to provide the salary packages that were promised to new hires. Videos circulated on Chinese social media depicting law enforcement beating protesting workers as well as large crowds of workers fighting back law enforcement.[57][58]
Brazil
[edit]All company facilities in South America are located in Brazil,[59] and these include mobile phone factories in Manaus and Indaiatuba as well as production bases in Jundiaí, Sorocaba, and Santa Rita do Sapucaí.[60] The company is considering further investments in Brazil.[61]
Europe
[edit]Foxconn has factories in Hungary,[62] Slovakia,[61] and the Czech Republic.[63] As of 2011 it is the second-largest exporter in the Czech Republic.[63]
India
[edit]As of early 2015, Foxconn had tied up with Sony for manufacturing their televisions and selling it all over India. Hence, they started a new plant called Competition Team Technology (India) Private Limited in Irungattukottai (near Poonamallee, Chennai) which was later moved to Oragadam (Kanchipuram) in 2019. As of mid-2015, Foxconn was in talks to manufacture Apple's iPhone in India.[64] In 2015, Foxconn announced that it would be setting up twelve factories in India and would create around one million jobs.[65] It also discussed its intent to work with the Adani Group for expansion in the country. In August 2015, Foxconn invested in Snapdeal. In September 2016, Foxconn started manufacturing products with Gionee.[66] In 2017, Foxconn started the production of iPhones in Sriperumbudur, near Chennai. In April 2019, Foxconn reported that they are ready to mass-produce newer iPhones in India.[67] Its Chairman, Terry Gou, said that the manufacturing will take place in the southern city of Chennai.[67] In September 2022, Foxconn signed a deal for a semiconductor plant in Gujarat with an investment of $21 billion, by Vedanta Group.[68] In July 2023, Foxconn made a decision to quit the project, citing a number of issues with Vedanta Group as well as including external ones.[69] In August 2023, during its annual meeting, Foxconn reportedly stated that India at present accounts for more than 5% of the company's business and there is ample space for future investments.[70] Foxconn has set a target to employ 2 million jobs and meet India's target of exporting mobile phones worth $10 billion, both by 2030. To meet these targets, as of September 2023, the company has three manufacturing plants under construction, all in southern India–a component and semiconductor plant near the company's existing plant in Chennai, and two plants each in Bangalore (near its airport) and Hyderabad (Kongara Kalan) for making iPhones, iPads, iPods and AirPods. All three plants are projected to be completed and begin operations by the end of 2024. They will together employ around 400,000 people in the first five years of their operations.[71][72][73] In November 2023, Foxconn announced a $1.54 billion investment in India to "help it fulfil 'operational needs.'"[74]
In August 2024, Foxconn showed interest in investing in Hyderabad, as confirmed by the Telangana government. Chairman Young Liu met with Chief Minister A Revanth Reddy, discussing plans for a new "fourth city" near Hyderabad.[75]
Japan
[edit]Foxconn and Sharp Corporation jointly operate two manufacturing plants specializing in large-screen televisions in Sakai, Osaka. In August 2012, it was reported that Sharp, while doing corporate restructuring and downsizing, was considering selling the plants to Foxconn. The company was believed to be receptive to the plan. The acquisition was completed with a $3.8 billion deal in August 2016.[76]
Malaysia
[edit]As of 2011, Foxconn had at least seven factories in the Johor state,[77] at Kulai, where it is developing an industrial park that includes four factories that comprise fully automated assembly lines as well as fully automated packaging lines.[78]
Mexico
[edit]Foxconn has a facility in San Jerónimo, Chihuahua that assembles computers,[79] and two facilities in Juárez – a former Motorola production base that manufactures mobile phones,[80] and a set-top box factory acquired from Cisco Systems.[81] LCD televisions are also made in the country in Tijuana at a plant acquired from Sony.[82]
On June 2, 2022, Foxconn announced that their Mexico-based production plant had been hit by a ransomware attack in late May, disrupting production. The facility affected was located in Tijuana, Baja California and specializes in the production of consumer electronics, medical devices, and industrial products.[83]
South Korea
[edit]The company invested $377 million in June 2014 to pick up a 4.9 percent shareholding in a South Korean IT services provider, SK C&C.[84]
United States
[edit]Foxconn announced on 26 July 2017 that it would build a $10 billion TV manufacturing plant in southeastern Wisconsin and would initially employ 3,000 workers (set to increase to 13,000).[85][86] As part of the agreement, Foxconn was set to receive subsidies ranging from $3 billion to $4.8 billion (paid in increments if Foxconn met certain targets), which would be by far the largest subsidy ever given to a foreign firm in U.S. history.[87][88][89][90] Some estimate that Foxconn is expected to contribute $51.5 billion to Wisconsin's GDP over the next 15 years, which is $3.4 billion annually.[91] However, numerous economists have also expressed skepticism that the benefits would exceed the costs of the deal.[92][93][94][95][96] Others have noted that Foxconn has made similar claims about job creation in the past which did not come to fruition.[87][89][97]
Foxconn was also exempted by Governor Scott Walker from filing an environmental impact statement, prompting criticism from environmentalists.[98] The plant was estimated to contribute significantly to air pollution in the region.[99] Environmentalists criticised the decision to allow Foxconn to draw 26,000 cubic metres (7×10 6 US gal) of water per day from Lake Michigan.[89] Given water concerns, Foxconn is spending $30 million on zero liquid discharge technology.[100] Foxconn is also required to replace wetlands at a higher ratio than other companies; Foxconn must restore 2 acres of wetland for every 1 acre disturbed instead of the ratio of 1.2 to 1 for other companies.[100]
As of 4 October 2017, Foxconn agreed to locate their plant in Mount Pleasant, Wisconsin,[101] and broke ground for the plant 28 June 2018. President Trump was in attendance to promote American manufacturing.[102][103]
In January 2019, Foxconn said it was reconsidering its initial plans to manufacture LCD screens at the Wisconsin plant, citing high labour costs in the United States.[104]
Under a new agreement announced in April 2021, Foxconn will reduce its planned investment to $672 million with 1,454 new jobs. Tax credits available to the project were reduced to $8 million.[105]
In October 2021, Lordstown Motors announced a $250 million deal to sell a former GM plant to Foxconn, which would become a contract assembler for the company's Endurance pickup truck. The deal was completed in May 2022 for a final price of $230 million.[106] It was announced Foxconn would also invest $50 million into the company through a purchase of common stock.[33]
Major customers
[edit]The following list consists of Foxconn's present or past major customers. The list is provided in alphabetical order.
Their country of origin or base of operations is in parentheses.
North America
[edit]- Amazon.com (United States)[9]
- Apple Inc. (United States)[107]
- BlackBerry Ltd. (Canada)[108]
- Cisco (United States)[109]
- Dell (United States)[110]
- Fisker Inc (United States) [111]
- Google (United States)[112]
- Hewlett-Packard (United States)[113]
- InFocus (United States)
- Intel (United States)
- Microsoft (United States)[114][115]
- Motorola Mobility (United States)[110]
- Roku, Inc. (United States)[116]
- Vizio (United States)[117]
Asia
[edit]Europe
[edit]- HMD Global, under Nokia brand and later rebranded as HMD brand Since 2024.(Finland)[107][124]
Subsidiaries
[edit]FIH Mobile
[edit]FIH Mobile is a subsidiary of Foxconn, offering services such as product development and after-sales support. It was incorporated in the tax haven of the Cayman Islands in 2000.[125]
On 18 May 2016, FIH Mobile announced the purchase of Microsoft Mobile's feature phone business. Microsoft Mobile Vietnam is also part of the sale to FIH Mobile, which consists of the Hanoi, Vietnam manufacturing facility. The rest of the business has been sold to a new Finland-based company HMD Global, which started developing and selling new Nokia-branded devices in early 2017.[126][127] The total sale to both companies amounted to US$350 million. FIH Mobile is now manufacturing new Nokia-branded devices developed by HMD.[128]
Foxtron
[edit]Foxtron (鴻華先進科技) is a joint venture of Foxconn and Yulon Group founded in 2020 for vehicular manufacturing and research and development of electric vehicles.[129][130]
Affiliates
[edit]Sharp
[edit]Sharp Corporation (シャープ株式会社, Shāpu Kabushiki-gaisha) is a Japanese electronics company. It is headquartered in Sakai, Osaka and was founded by Tokuji Hayakawa in 1912 in Honjo, Tokyo and established as the Hayakawa Metal Works Institute in Abeno, Osaka in 1924. Since 2016, it is majority owned by Taiwan-based manufacturer Hon Hai Precision Industry Co., Ltd., better known as Foxconn.[131]
Controversies
[edit]Foxconn has been involved in several controversies relating to employee grievances or treatment. Foxconn has more than a million employees.[132] In China, it employed more people than any other private company as of 2011.[update][61]
Working conditions
[edit]Allegations of poor working conditions have been made on several occasions. News reports highlight the long working hours,[43][44] discrimination against mainland Chinese workers by their Taiwanese co-workers,[133] and lack of working relationships at the company.[134] Although Foxconn was found to be compliant in the majority of areas when Apple Inc. audited the maker of its iPods and iPhones in 2007,[8] the audit did substantiate several of the allegations.[135] In May 2010, Shanghaiist reported that security guards had been caught beating factory workers.[136]
In reaction to a spate of negative press, particularly that involving worker suicides in which 14 people died[137] from January to May 2010, Steve Jobs defended Apple's relationship with the company in June 2010, citing that its Chinese partner is "pretty nice" and is "not a sweatshop".[138] Meanwhile, however, a report jointly produced by 20 universities in Hong Kong, Taiwan, and mainland China described Foxconn factories as labour camps[139] with widespread worker abuse and illegal overtime.
Concerns increased in early 2012 by an article published in The New York Times in October 2011.[140] It reported evidence that substantiated some of the criticisms. The 2012 audit commissioned by Apple Inc. and performed by the Fair Labor Association found that workers were routinely subjected to inhumane bouts of overtime of up to 34 hours without a pay increase and suggested that debilitating workplace accidents and suicides may be common.[141][142] A Hong Kong non-profit organisation, Students and Scholars Against Corporate Misbehaviour, has written numerous negative reports on Foxconn's treatment of its employees, such as in 2010 and 2011.[143] These typically find far worse conditions than the 2012 Fair Labour Association audit did,[144] but they rely on a far smaller number of employee informants, circa 100 to 170.[145] The Fair Labor Association audit in 2012 used interviews with 35,000 Foxconn employees.[141]
In January 2012, about 150 Foxconn employees threatened to commit a mass suicide in protest of their working conditions.[146] One worker said the protest resulted from 600 workers being moved into a new "unbearable" factory location.[147] In September 2012, a fight at worker dormitories in Taiyuan, Shanxi, where a guard allegedly was beating a worker, escalated into a riot involving 2,000 people and was quelled by security.[148]
In October 2012, the company admitted that 14-year-old children had worked for a short time at a facility in Yantai, Shandong Province, as part of an internship programme,[149] in violation of the age limit of 16 for legal workers.[149] Foxconn said that the workers had been brought in to help deal with a labor shortage, and Xinhua quoted an official saying that 56 underage interns would be returned to their schools. Reuters quoted Foxconn saying that 2.7 percent of its workforce in China were long- or short-term interns. In response to the scrutiny, Foxconn said it would cut overtime from the current 20 hours per week to less than nine hours a week.[149]
Also in October 2012, there was a crisis concerning an injured worker in which 26-year-old Zhang Tingzhen[150] suffered an electric shock and fell in a factory accident[151] a year earlier. His doctors did immediate surgery to remove part of his brain,[152] "[after which] he lost his memory and can neither speak, walk".[153] When his father attempted to get compensation in 2012,[152] Reuters reported that Foxconn told the family to transport and submit him for a disability assessment in Huizhou 70 km away, or it would cut off funding for his treatment.[150] His doctors protested the move for fear of a brain haemorrhage en route,[153] and the company stated that it was acting within labour laws.[151][154] His family later sued Foxconn in 2012 and argued in court that Tingzhen had been summoned to the wrong city.[150] In 2014, a court ruled that he had to be assessed in Huizhou to receive compensation, with Foxconn offering a settlement for the father to recant his criticisms, which was refused.[152]
In February 2015, Beijing News reported that an official with the All China Federation of Trade Union (ACFTU), Guo Jun, said that Foxconn allegedly forced employees to work overtime, resulting in occasional death by karōshi or suicide. Jun also said that the illegal overtime resulted from a lack of investigation and light punishments. Foxconn, in return, issued a statement questioning Guo's allegations, arguing workers wanted to work overtime to earn more money.[155]
In November 2017, the Financial Times reported that it had found several students working 11-hour days at the iPhone X plant in Henan province, violating the 40-hour-per-week mandate for children. In response, Foxconn announced that it has stopped the interns' illegal overtime work at the factory in which 3,000 students had been hired that September.[156]
Since 2016, Foxconn has been replacing its workforce with robots, which have replaced 50% of Foxconn's labor force in 2016, and there are plans for completely automated factories.[157]
In 2019, a report was issued by Taiwan News stating that some of Foxconn's managers had fraudulently used rejected parts to build iPhones.[158]
In late 2022, working conditions were exacerbated by Zero-COVID policies leading to protests.[159][160][161]
Suicides
[edit]Suicides among Foxconn workers have attracted the media's attention.[162] Among the first cases to attract attention in the press was the death of Sun Danyong, a 25-year-old man who committed suicide in July 2009 after reporting the loss of an iPhone 4[163] prototype in his possession.[164] According to The Telegraph, Danyong had been beaten by security guards.[147]
There was also a series of suicides speculatively linked to low pay in 2010, though employees also noted that Foxconn paid higher wages than similar jobs.[162] In reaction to a spate of worker suicides in which 14 people died in 2010,[137] Foxconn installed suicide-prevention netting at the base of buildings in some facilities[165] and promised to offer substantially higher wages at its Shenzhen production bases.[166] In 2011, Foxconn also hired the PR firm Burson-Marsteller to help deal with the negative publicity from the suicides. That year, the nets seemed to help lower the death rate, although at least four employees died by throwing themselves off buildings.[147]
In January 2012, there was a protest by workers about conditions in Wuhan, with 150 workers threatening to commit mass suicide if factory conditions were not improved.[147] In 2012 and into 2013, three young Foxconn employees were reported to have died by jumping off buildings.[147] In January 2018, another suicide was reported by a factory worker, after 31-year old Li Ming jumped to his death off a building in Zhengzhou, where the iPhone X was being manufactured.[147]
The Wisconsin Valley Project
[edit]The project originally committed in 2017 to investing $10 billion and employing up to 13,000 workers but has now shrunk to $672 million with 1,454 jobs.
Food poisoning
[edit]On 15 December 2021, 256 workers at Foxconn's Sriperumbudur factory developed Acute Diarrhoeal Disease due to food poisoning after eating food at the company-provided hostel. As a result of which, 159 workers were hospitalized.[167] The workers were provided no information about this, due to which a rumor started spreading among the workers through WhatsApp that two workers had died.[168] By 17 December there were sit-in protests in worker dormitories, by 10 pm of the same day, thousands of women workers of the factory staged protests on the Chennai-Bengaluru national highway,[169] this was met by police detention of 67 women protestors and arrest of one journalist, with many of them being released a day later.[170] Following the protests the factory was shut down for a week, with the state government and district administration investigating the worker conditions. On 22 December the Food Safety Department sealed the kitchen of the dormitory[171] finding rats and poor drainage. The rooms provided to workers were overcrowded, with them being forced to sleep on the floor, some even lacking toilets with a running water supply.[172] Following the revelation of substandard living conditions, on 29 December Apple put the Foxconn plant on probation, with both Apple and Foxconn issuing statements on the dormitory and dining rooms conditions.[173] In January 2022, after assuring Apple and the Tamil Nadu government that it had taken the necessary corrective measures, Foxconn began reopening its factory and resuming work in phases.[174][175]
Mobility in Harmony Consortium
[edit]The Mobility in Harmony Consortium was created in 2020 by Foxconn to promote a set of open standards for electric vehicles.[176]
See also
[edit]- 2010 Chinese labour unrest
- List of companies of Taiwan
- List of electronics companies
- Luxshare
- Pegatron
- Wistron
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Further reading
[edit]- Barboza, David (18 February 2012). "Foxconn Plans to Lift Pay Sharply at Factories in China". The New York Times.
- Duhigg, Charles; Barboza, David (25 January 2012). "Human Costs Are Built Into an iPad". The New York Times.
- Dzieza, Josh (19 October 2020). "The 8th Wonder of the World". The Verge.
- Kristof, Nicholas D.; WuDunn, Sheryl (24 September 2000). "Two Cheers for Sweatshops". The New York Times.
- Ngai, Pun, and Jenny Chan. "Global capital, the state, and Chinese workers: The Foxconn experience." Modern China 38.4 (2012): 383–410.
- Weir, Bill (21 February 2012). "iFactory: Inside Apple". Nightline. ABC TV.[dead link ]
External links
[edit]- Media related to Foxconn at Wikimedia Commons
- Foxconn
- Computer hardware companies
- Computer systems companies
- Computer companies of Taiwan
- Companies listed on the Taiwan Stock Exchange
- Electronics companies of Taiwan
- Former companies in the Hang Seng Index
- Companies in the FTSE China A50 Index
- Companies in the S&P Asia 50
- Electronics companies established in 1974
- Mobile phone manufacturers
- Motherboard companies
- Electric vehicle industry
- Multinational companies headquartered in Taiwan
- 1974 establishments in Taiwan
- Companies in the Taiwan Capitalization Weighted Stock Index