Foxconn Technology Group is a high-tech enterprise in Taiwan's Hon Hai Precision Group. Founded in 1974 in Taipei, Taiwan, China, its CEO is Guo Taiming. Now has more than 1.2 million employees and the world's top customer base.
Established a factory in Shenzhen in 1988, established more than 30 science and technology industrial parks in China from the Pearl River Delta to the Yangtze River Delta to the Bohai Rim, from the southwest to the central south to the northeast, and has more than 200 subsidiaries and stationed in Asia, America, Europe mechanism. On December 12, 2014, according to foreign media reports, Foxconn announced that due to insufficient orders, the company will close its factory in Chennai, India on December 24. More than 1,700 employees at the plant are at risk of losing their jobs. In February 2016, Foxconn will invest more than 650 billion yen (approximately $ 5.8 billion) in Sharp. Sharp's board of directors unanimously approved the acquisition agreement. In other words, Japan's Sharp Corporation agreed with the acquisition offer made by Foxconn of Taiwan. This is the largest overseas company acquisition ever accepted by a Japanese technology company. On August 11, 2016, Foxconn stated that China's antitrust authorities have approved the company's acquisition of Sharp. This progress paves the way for Foxconn to complete the $ 3.8 billion acquisition of Sharp. On May 20, 2017, Foxconn set up a Wuhan R & D center with a total investment of 10 billion yuan.
On May 11, 2018, the CSRC approved Foxconn's initial application. On June 17, the North American company headquarters was established in Milwaukee, a port city in southeastern Wisconsin. In July, a new company, Industrial AI System, was established in Silicon Valley.