|Traded as||TWSE: 2317
|Headquarters||Tucheng District, New Taipei, Taiwan|
|Key people||Terry Gou
(Chairman and President)
|Products||Electronics, electronic components|
|Services||Electronics manufacturing services|
|Revenue||NT$3.452 trillion (2011)|
|Operating income||NT$82.84 billion (2011)|
|Net income||NT$81.59 billion (2011)|
|Total assets||NT$1.730 trillion (2011)|
|Total equity||NT$615.0 billion (2011)|
|Employees||1.23 million (2012)|
|Literal meaning||Hon Hai Precision Industry Co., Ltd.|
|Literal meaning||Foxconn Technology Group|
Hon Hai Precision Industry Co., Ltd., trading as Foxconn, is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer measured by revenues.
Foxconn is primarily an original design manufacturer and its clients include major American, European, and Japanese electronics and information technology companies. Notable products that the company manufactures include the iPad, iPhone, iPod, Kindle, PlayStation 3 and Wii U.
Foxconn has been involved in several controversies, most relating to how it manages employees in China where it is the largest private-sector employer. In 2012 Apple hired the Fair Labor Association to conduct an audit of working conditions at Foxconn.
Hon Hai Precision Industry Co., Ltd. was founded in 1974 as a manufacturer of electrical components (notably electrical connectors for computer components, which found use in the Atari 2600). Foxconn was originally a trade name of Hon Hai and a subsidiary later received the name. Hon Hai's first manufacturing plant in mainland China opened in Longhua, Shenzhen, in 1988.
In November 2007 Foxconn announced plans to build a new US$500 million plant in Huizhou, Southern China.
In March 2012 Foxconn agreed to acquire a 10 percent stake in the Japanese electronics company Sharp Corporation for US$806 million and to purchase up to 50 percent of the LCD displays produced at Sharp's plant in Sakai, Japan.
In January 2012 Foxconn named Tien Chong (Terry) Cheng chief executive who soon resigned citing health problems.
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.
Foxconn has factories in Asia, Europe, and South America that together assemble around 40 percent of all consumer electronics products sold.
Foxconn has 13 factories in nine Chinese cities—more than in any other country.
Foxconn's largest factory worldwide is in Longhua, Shenzhen, where hundreds of thousands of workers (varying counts include 230,000, 300,000, and 450,000) are employed at the Longhua Science & Technology Park, a walled campus sometimes referred to as "Foxconn City" or "iPod City". Covering about 1.16 square miles (3 square km), it includes 15 factories, worker dormitories, a swimming pool, a fire brigade, its own television network (Foxconn TV), and a city centre with a grocery store, bank, restaurants, bookstore, and hospital. While some workers live in surrounding towns and villages, others live and work inside the complex; a quarter of the employees live in the dormitories, and many of them work up to 12 hours a day for 6 days each week. Another of Foxconn's factory "cities" is Zhengzhou Technology Park in Zhengzhou, Henan province, where it is reported 120,000 employees work.
All company facilities in South America are located in Brazil, and these include mobile phone factories in Manaus and Indaiatuba as well as production bases in Jundiai, Sorocaba, and Santa Rita do Sapucaí. The company is considering more investments in Brazil. peop
Foxconn and Sharp Corporation jointly run two plants manufacturing large-screen televisions in Sakai, Osaka. In August 2012 it was reported that Sharp, while doing corporate restructuring and downsizing, was considering selling the plants to Foxconn, which was believed to be receptive to the plan.
Foxconn has a facility in San Jerónimo, Chihuahua that assembles computers, and two facilities in Juárez – a former Motorola production base that manufactures mobile phones, and a set-top box factory acquired from Cisco Systems. LCD televisions are also made in the country by Foxconn in a plant acquired from Sony.
Major customers 
Major customers of Foxconn include or have included:
- Acer Inc. (Taiwan)
- Amazon.com (United States)
- Apple Inc. (United States)
- Cisco (United States)
- Dell (United States)
- Google (United States)
- Hewlett-Packard (United States)
- Microsoft (United States)
- Motorola Mobility (United States)
- Nintendo (Japan)
- Nokia (Finland)
- Sony (Japan)
- Toshiba (Japan) 
- Vizio (United States)
(country of headquarters in parentheses)
Apple has stated that it contracts with Chinese original equipment manufacturers such as Foxconn because they have easy access to the Chinese supply chain within a well developed industrial cluster.
Poor working conditions 
Allegations of poor working conditions have been made on several occasions. News reports highlight the long working hours, discrimination against mainland Chinese workers by their Taiwanese co-workers, and lack of working relationships at the company. Although Foxconn was found to be compliant in the majority of areas when Apple Inc. audited the maker of its iPods and iPhones in 2007, the audit did substantiate a few of the allegations.
Concerns increased in early 2012 due to a US theatrical monologue purportedly based on factual accounts of working conditions at Foxconn, but much of the source material was later found to be fictional. A 2012 audit performed by the Fair Labor Association at the request of Apple Inc. found that workers routinely received insufficient overtime pay and suggested that workplace accidents may be common.
A Hong Kong non-profit organisation, Students and Scholars Against Corporate Misbehavior, has written numerous negative reports on Foxconn's treatment of its employees. These typically find far worse conditions than the 2012 Fair Labor Association audit did but rely on a far smaller pool of employee informants–100 to 170. The Fair Labor Association audit in 2012 used interviews with 35,000 Foxconn employees.
In 2012, a young worker Zhang Tingzhen, was threatened to have Hon-Hal medical support canceled, when doctors remonstrated against moving his injured body for treatment in Huizhou from the hospital in Shenzhen. He suffered an electrical shock and was injured to the extent that doctors needed to amputate half of his brain. Leaving him in no condition to travel to Huizhou the city he was initially hired at. The company stated that it was acting within labor laws.
Suicides among Foxconn workers have attracted media attention. One was the high-profile death of a worker after the loss of a prototype and the other, a series of suicides linked to low pay in 2010. Suicides of Foxconn workers have continued into 2012, with one in June 2012. The rate has substantially fallen since 2010.
In reaction to a spate of worker suicides in which 14 people died in 2010, a report from 20 Chinese universities described Foxconn factories as labor camps and detailed widespread worker abuse and illegal overtime. In response to the suicides, Foxconn installed suicide-prevention netting at some facilities, and it promised to offer substantially higher wages at its Shenzhen production bases. Workers were also forced to sign a legally binding document guaranteeing they and their descendants would not sue the company as a result of unexpected death, self-injury or suicide.
Riot in Mexico 
On the evening of February 19, 2010, the company made an announcement at its factory in Santa Teresa, Mexico that the buses which normally take the workers home from the plant at the end of the day would not be arriving on time due to a hold-up at a military checkpoint (a common occurrence in that area of Ciudad Juárez), and that they should continue to work until the buses arrived. As a result, the workers were forced to work overtime without compensation. Later, word got around that the buses had not, in fact, been held up at a checkpoint, but rather that Foxconn had deliberately delayed their arrival in order to force the workers into uncompensated overtime. Upon hearing this news, a small riot ensued, and several workers started a fire in the factory's gymnasium. An internal investigation by Foxconn reported that this was a premeditated act by a disgruntled employee, but workers from the factory dispute that assertion. Workers also claim that this was not the first time Foxconn had attempted to force uncompensated overtime, and that the riot and fire were the culmination of a series of labor abuses, and not just the one incident.
See also 
- "Hon Hai Precision Industry Financial Statements". Hon Hai Precision Industry.
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- "Apple Adding More iPad Production Lines To Meet Holiday and 2011 Demand". San Francisco Chronicle. 2010-11-23.
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- Bonnington, Christina, "Apple’s Foxconn Auditing Group ‘Surrounded With Controversy,’ Critics Say", Wired magazine, February 13, 2012
- Balfour, Frederik; Culpan, Tim (2010-09-09)."Everything Is Made by Foxconn in Future Evoked by Gou's Empire". Bloomberg News.
- Mueller, Scott (2012). Upgrading and Repairing PCs. (20th ed.) Indianapolis: Que. p. 24. ISBN 978-0-7897-4710-5
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- "Foxconn owner Hon Hai buying 10 percent stake in Japanese electronics giant Sharp for $806M". The Washington Post. 27 March 2012. Retrieved 27 March 2012.
- For January 2012 promotion, see "Executive Profile: Tien Chong Cheng". foxconn international hldgs (2038:Hong Kong). Bloomberg Businessweek. unknown. Retrieved November 20, 2012.
- For July 2012 resignation due to health, see Buetow, Mike (5 July 2012). "Foxconn CEO to Resign". Circuits Assembly. UP Media Group. Retrieved November 20, 2012.
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- Duhigg, Charles; Keith Bradsher (January 21, 2012). "How the U.S. Lost Out on iPhone Work". New York Times. Retrieved January 24, 2012.
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- "Foxcon Plans To Increase China Workforce to 1.3 Million". Focus Taiwan News Channel. 2010-08-19. Retrieved 2010-08-19.
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- "Foxconn to lay off 1,500 in Hungary as orders drop". reuters.com. 2012-03-30.
- "Trade Union Leaders and Workers at Foxconn India Imprisoned". 2010-10-22. Retrieved 2010-11-04.
- The Daily Yomiuri Sharp to transfer 3,000 overseas workers to Hon Hai August 22, 2012 Retrieved on August 22, 2012
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- Robinson-Avila, Kevin (December 9, 2011). "Foxconn spinoff effect has Santa Teresa flourishing". Business Weekly. Retrieved 2012-05-29.
- "Foxconn: Arson at Mexico Plant Work of Angry Ex-Employee". PC World. 2010-02-22.
- "Citigroup Likes Hon Hai's Purchase of Set-Top Box Plant". Taipei Times. 2011-07-20.
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- For 2010 reports, see "Publications: 2010". Students and Scholars Against Corporate Misbehavior. Retrieved June 24, 2012.
- For report relying on 100 worker informants, see "WORKERS AS MACHINES: MILITARY MANAGEMENT IN FOXCONN". Students and Scholars Against Corporate Misbehavior. 13 Oct 2010. Retrieved June 24, 2012.
- For report relying on 170 worker informants, see "FOXCONN AND APPLE FAIL TO FULFILL PROMISES: PREDICAMENTS OF WORKERS AFTER THE SUICIDES". Students and Scholars Against Corporate Misbehavior. 6 May 2011. Retrieved June 24, 2012.
- "Foxconn Workers Labor Under Guard After Riot Shuts Plant". bloomberg.com. Bloomberg. Sep 26, 2012. Retrieved November 21, 2012.
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- Pomfret, James (2010-11-05). "Foxconn Worker Plunges to Death at China Plant: Report". Reuters.
- "Foxconn Factories Are Labour Camps: Report". South China Morning Post. Retrieved 2010-10-10.
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- "Foxconn To Raise Wages Again at China Plant". Reuters. 2010-10-01.
- Malone, Andrew; Jones, Richard (2010-12-06). "Revealed: Inside the Chinese Suicide Sweatshop Where Workers Toil in 34-Hour Shifts To Make Your iPod". Daily Mail (London). Retrieved 2011-10-07.
- A Trip to The iFactory: 'Nightline' Gets an Unprecedented Glimpse Inside Apple's Chinese Core, ABC News, page 3
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- "Foxconn suicide rate is lower than in the US, says Apple's Steve Jobs". The Daily Telegraph. 2 June 2010. Retrieved 9 September 2012.
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Further reading 
- Barboza, David, "Foxconn Plans to Lift Pay Sharply at Factories in China", The New York Times, February 18, 2012
- Duhigg, Charles; Barboza, David, "Human Costs Are Built Into an iPad", The New York Times, January 25, 2012
- Kristof, Nicholas D.; WuDunn, Sheryl, "Two Cheers for Sweatshops", The New York Times, September 24, 2000
- Weir, Bill, "iFactory: Inside Apple", ABC Nightline, TV program, February 21, 2012
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