士 士康
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富士康

Foxconn, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturer. It is the world's largest provider of electronics manufacturing services and the third-largest technology company by revenue. Founded in 1974 by Terry Gou, Foxconn is headquartered in Tucheng, New Taipei, Taiwan. The company is well-known for manufacturing products for major tech companies such as Apple, Sony, and Microsoft.

Creation Time:2024-06-11 17 key nodes English

The Timeline

1974 — 2024

  1. 1974

    Foundation of Foxconn

    Foxconn, originally named Hon Hai Precision Industry Co., Ltd., was founded by Terry Gou in Tucheng, New Taipei, Taiwan.
  2. 1988

    First Manufacturing Plant in China

    Foxconn established its first manufacturing plant in Shenzhen, China, marking the beginning of its major expansion into the mainland Chinese market.
  3. 1996

    Partnership with Compaq

    Foxconn secured a significant contract with Compaq, which helped solidify its position as a major player in the electronics manufacturing industry.
  4. 2000

    Expansion of Manufacturing Capabilities

    Foxconn expanded its manufacturing capabilities by opening multiple new plants in China, further increasing its production capacity.
  5. 2001

    IPO on Taiwan Stock Exchange

    Foxconn went public with an initial public offering (IPO) on the Taiwan Stock Exchange, raising significant capital for further expansion.
  6. 2007

    Partnership with Apple

    Foxconn began manufacturing the iPhone for Apple, which became one of its most significant and high-profile partnerships.
  7. 2010

    Employee Welfare Reforms

    Following a series of employee suicides, Foxconn implemented various welfare reforms, including wage increases and improved working conditions.
  8. 2012

    Acquisition of Sharp

    Foxconn acquired a 10% stake in Sharp Corporation, a major Japanese electronics company, marking a significant investment in display technology.
  9. 2016

    Full Acquisition of Sharp

    Foxconn completed the full acquisition of Sharp Corporation, further expanding its capabilities in the electronics and display sectors.
  10. 2017

    Announcement of Wisconsin Plant

    Foxconn announced plans to build a large manufacturing plant in Wisconsin, USA, aimed at producing LCD panels and creating thousands of jobs.
  11. 2018

    Launch of Foxconn Industrial Internet

    Foxconn launched Foxconn Industrial Internet (FII), a subsidiary focused on smart manufacturing and industrial internet technologies.
  12. 2019

    Leadership Transition

    Terry Gou stepped down as chairman to focus on his political career, and Young Liu was appointed as the new chairman of Foxconn.
  13. 2020

    COVID-19 Response

    Foxconn played a critical role in the global supply chain during the COVID-19 pandemic, manufacturing essential medical equipment and maintaining production of consumer electronics.
  14. 2021

    Electric Vehicle Initiative

    Foxconn announced its entry into the electric vehicle market, unveiling plans to produce EV components and partner with automotive companies.
  15. 2022

    Partnership with Lordstown Motors

    Foxconn entered into a strategic partnership with Lordstown Motors to manufacture electric trucks, further expanding its presence in the EV market.
  16. 2023

    Expansion in India

    Foxconn announced significant investments in India to expand its manufacturing capabilities, aiming to diversify its production base beyond China.
  17. 2024

    Sustainability Initiatives

    Foxconn launched new sustainability initiatives aimed at reducing its carbon footprint and promoting green manufacturing practices across its global operations.

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