44 Facts About Foxconn


Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube, Nokia devices, Sony devices, Google Pixel devices, Xiaomi devices, every successor to Microsoft's first Xbox console, and several CPU sockets, including the TR4 CPU socket on some motherboards.

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Foxconn named Young Liu its new chairman after the retirement of founder Terry Gou, effective on 1 July 2019.

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One of the important milestones for Foxconn occurred in 2001 when Intel selected the company to manufacture its Intel-branded motherboards instead of Asus.

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In January 2012, Foxconn named Tien Chong Cheng chief executive of its subsidiary FIH Mobile Limited.

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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.

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Foxconn asked to call off the deal, but it was proceeded by the former Sharp president.

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In Jul 2019, Foxconn appointed Liu, Young-Way as the new chairman of the Group, which was then ranked 25th among Forbes Top 100 Digital Companies.

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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.

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Foxconn initially said the masks it makes would be for internal employee use.

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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.

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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 Sep 2021, Foxconn collaborated with Thailand's state-owned oil supplier PTT Public Co.

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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-year 2021, Foxconn announced that the company will enter into more semiconductor production and will be expanding into supplying chips for electric vehicles and electronics equipment used for healthcare.

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In Feb 2022, Foxconn formed a joint venture company with Vedanta, one of India's leading multinational groups, to manufacture semiconductors in India.

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Foxconn announced a merger with the integrated circuit designing firm AchernarTek for an undisclosed amount.

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The acquisition and consolidation will help Foxconn develop semiconductors for the automotive sector and 5G infrastructure.

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Foxconn has 137 campuses and offices in 24 countries and areas around the globe.

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The majority of Foxconn's factories are located in East Asia, with others in Brazil, India, Europe, and Mexico.

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Foxconn has 12 factories in nine Chinese cities—more than in any other country.

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Foxconn has factories in Hungary, Slovakia, and the Czech Republic.

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In 2015, Foxconn announced that it would be setting up twelve factories in India and would create around one million jobs.

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In September 2022, Foxconn signed a deal for a Chip Making Facility in Gujarat, India with an investment of $21 billion, by Vedanta group.

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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.

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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.

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Foxconn was exempted by Governor Scott Walker from filing an environmental impact statement, prompting criticism from environmentalists.

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Environmentalists criticised the decision to allow Foxconn to draw 26,000 cubic metres of water per day from Lake Michigan.

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Foxconn is 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.

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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.

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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.

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FIH Mobile is a subsidiary of Foxconn, offering services such as product development and after-sales support.

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Foxconn has been involved in several controversies relating to employee grievances or treatment.

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In January 2012, about 150 Foxconn employees threatened to commit a mass suicide in protest of their working conditions.

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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.

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Foxconn's doctors did immediate surgery to remove part of his brain, "[after which] he lost his memory and can neither speak, walk".

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Foxconn's doctors protested the move for fear of a brain haemorrhage en route, and the company stated that it was acting within labour laws.

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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.

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In February 2015, Beijing News reported that an official with the All China Federation of Trade Union, Guo Jun, said that Foxconn allegedly forced employees to work overtime, resulting in occasional death by karoshi or suicide.

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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.

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In reaction to a spate of worker suicides in which 14 people died in 2010, Foxconn installed suicide-prevention netting at the base of buildings in some facilities and promised to offer substantially higher wages at its Shenzhen production bases.

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In 2011, Foxconn hired the PR firm Burson-Marsteller to help deal with the negative publicity from the suicides.

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In 2012 and into 2013, three young Foxconn employees were reported to have died by jumping off buildings.

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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.

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Mobility in Harmony Consortium was created in 2020 by Foxconn to promote a set of open standards for electric vehicles.

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