Hon Hai Precision Industry

Hon Hai Precision Industry Co., Ltd. (trading as Foxconn) is the world's biggest maker of electronic components. Primarily an original equipment manufacturer, its clients include major some of the world’s best known electronics and information technology companies, and products manufactured at its plants include iPads, iPhones, iPods for Apple, Kindles for Amazon, PlayStations for Sony and Xboxes for Microsoft. Foxconn has been involved in several controversies, largely over employee relations in China after a series of suicides and accidents. In 2012, Apple hired the Fair Labor Association to conduct an audit of working conditions at Foxconn.

Hon Hai looks to tap US market with Arizona plant

 Hon Hai chairman Terry Gou Tai-ming

Hon Hai Precision Industry, the major maker of Apple products, said it was considering building a plant in Arizona to make large panels and large-panel televisions to tap the massive market in the United States.

Monday, 11 November, 2013, 5:17am

Google buys virtual imaging patents from Foxconn

The patents could be used in Google’s ‘glasses’, and reportedly involve a technology that permits virtual images to be super-imposed over real ones. Photo: AFP

Google has bought virtual imaging patents from Taiwanese supplier Foxconn that could be used in its interactive “Google Glass” devices, according to a document acquired by AFP.

No details were released on the amount of the transaction.

The patents relate to a technology that permits virtual images to be super-imposed over real ones, according to media reports.

26 Aug 2013 - 10:15am

Diversification pays off for Hon Hai

Hon Hai's operating margin improved four basis points to 2.1 per cent from the previous quarter. Photo: Reuters

Taiwan's Hon Hai Precision Industry, a major manufacturer of Apple products, posted a forecast-beating net profit in the second quarter as it attempts to diversify its business and client base.

14 Aug 2013 - 3:19am

Foxconn firm forecast to retain lion's share of Apple supply contracts

Hon Hai Precision Industry has 1 million workers at its mainland plants. Photo: Reuters

Hon Hai Precision Industry, the world's biggest electronics manufacturing services provider, is predicted to remain the largest supplier to Apple, despite recent efforts by the American technology giant to diversify its production base.

9 Jul 2013 - 5:22am 2 comments

Hon Hai posts 19pc drop in revenue

Hon Hai Precision Industry headquarters in Tucheng. Photo: Reuters

Hon Hai Precision Industry, the world's largest contract manufacturer of electronics, posted its biggest revenue decline in at least 13 years, pointing to slower sales of iPhones, iPads and computers.

11 Apr 2013 - 5:07am

Contract electronics manufacturing set for modest growth in 2013

Foxconn's factory in Shenzhen. The group employs about 1.2 million people on the mainland. Photo: AFP

With mainland China as the hub of global production, the electronics contract manufacturing industry is forecast to post moderate revenue growth this year as it reaches a record US$404.5 billion.

14 Feb 2013 - 4:53am

iPhone suppliers take a tumble

Apple is reported to have trimmed its order to between 11 million and 14 million screens from 19 million previously. Photo: AP

Shares in Hon Hai Precision Industry, AAC Technologies and Apple's other key suppliers in Asia tumbled yesterday following reports that orders for iPhone 5 components had been cut.

16 Jan 2013 - 3:41am

Apple in drive against excessive overtime at Chinese factories

A group of touts gather outside an Apple store offering other iPhone models on the first day of release for the iPhone 5 in Beijing. Photo: EPA

Apple, the world's biggest technology company, has started monitoring weekly data on the working hours of more than one million employees in its production supply chain, which is largely located in China.

20 Dec 2012 - 7:28am

Briefs, November 1, 2012

Investors OK takeover bid by News Corp

1 Nov 2012 - 4:48am

Foxconn Intl climbs on brokerage report of possible Apple deal

Foxconn International Holdings Ltd (FIH) (2038.HK), the world’s biggest contract maker of cell phones, surged on Friday on speculation the company will soon make iPhones for technology giant Apple Inc.

12 Oct 2012 - 3:46pm

Hon Hai plan to deploy 1m robots faces delay, says analyst

Hon Hai employs more than 1.2 million workers on the mainland. High costs and supply issues are hampering automation. Photo: Edward Wong

Efforts by Hon Hai Precision Industry, Apple's main manufacturing contractor, to accelerate automation at all its plants worldwide are being stymied by the high cost and limited supply of industrial robots.

3 Oct 2012 - 10:34am

New product launch casts light on Apple-Hon Hai alliance

Hon Hai Precision Industry chairman and founder Terry Gou says Apple's new iPhone 5 will put rival products to shame. Photo: Reuters

There was no stopping Terry Gou Tai-ming, the highly outspoken founder and chairman of Hon Hai Precision Industry, when he declared at his company's annual shareholders meeting that Apple's new iPhone was coming soon to trump the competition.

12 Sep 2012 - 4:05am