Overview of Hon Hai Technology Group (Foxconn®)
Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) (TWSE: 2317) is the world’s largest electronics manufacturer. Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. The Group has expanded not only its capabilities into the development of electric vehicles, digital health and robotics, but also three key technologies –AI, semiconductors and new-generation communications technology – which are key to driving its long-term growth strategy and the four core product pillars: Smart Consumer Electronics, Cloud and Networking, Computing Products and Components and Others. In 2021, Hon Hai‘s annual revenue reached USD 206 billion.
The company has established R&D and manufacturing centers in other markets around the world including China, India, Japan, Vietnam, Malaysia, Czech Republic, U.S. and more. With a focus on research and development, the company owns more than 54,253 patents. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Foxconn is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.
The company has received widespread international accolades and recognition since its establishment. The company ranked 22nd on the Fortune Global 500 rankings in 2021 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World’s Best Employers in 2019. Moreover, on Forbes’ World’s Best Employers 2021 rankings, the company ranked 1st in Taiwan. Foxconn is also the only Taiwanese private company awarded for 5 consecutive years of Clarivate Top 100 Global Innovators (2018 ~ 2022).