Case
Foxconn
Category:
Success case
Author:
Source:
Release time:
2019-05-28
Visits:
1
Foxconn Technology Group is a high-tech enterprise of Taiwan Hon Hai Precision Group. It was founded in 1974 in Taipei, Taiwan, China, and President Guo Taiming. Now has more than 1.2 million employees and the world's top customer base.
In 1988, the company invested and built factories in Shenzhen, and established more than 30 technology industrial parks from the Pearl River Delta to the Yangtze River Delta to the Bohai Sea, from the southwest to the southeast to the northeast, and more than 200 subsidiaries and stations in Asia, America, Europe and other places. mechanism. On December 12, 2014, according to foreign media reports, Foxconn announced that due to insufficient orders, the company will close the company's plant in Chennai, India on December 24. More than 1,700 employees at the plant are likely to face unemployment. In February 2016, Foxconn will invest more than 650 billion yen (about 5.8 billion US dollars) in Sharp. The Sharp Board of Directors passed the acquisition agreement in full. In other words, Sharp Corporation of Japan agreed to the offer made by Foxconn of Taiwan. This is the largest overseas corporate acquisition ever accepted by Japanese technology companies. On August 11, 2016, Foxconn said that China's anti-monopoly department has approved the company's acquisition of Sharp. This progress paved the way for Foxconn to fully complete the $3.8 billion acquisition of Sharp. On May 20, 2017, Foxconn prepared a Wuhan R&D center with a total investment of 10 billion yuan.
Late at night on May 11, 2018, the CSRC approved the initial application of Foxconn, and the latter and its underwriters will negotiate with the Shanghai Stock Exchange to determine the issuance schedule and publish the prospectus.
Development History:
The Foxconn Group is known as the Hon Hai Technology Group in Taiwan.
Invested in mainland China in 1988, it is a high-tech group (the world's largest foundry) specializing in the production of 3C products and semiconductor equipment. It is the world's largest electronics professional manufacturer with more than 1.2 million employees and the world's top IT customer base.
In 2011, its exports accounted for 5.8 percentage points of China's total exports, ranking the top 200 mainland exporters for nine consecutive years.
In 2011, it ranked 60th in Fortune Global 500.
In 2012, it entered the top 50 global enterprises and ranked 43rd. It has dozens of subsidiaries in China, Taiwan, the Americas, Europe and Japan, and has established eight major science and technology industrial parks in South China, East China and North China.
Since 1991, the Group's annual average operating income has maintained a compound growth rate of more than 50%. It is the world's largest manufacturer of computer connectors and computer barebones. It has been selected as one of the world's top 100 information technology companies published by Business Week for nine consecutive years. The rankings (ranked second in 2005 and 2006) ranked first among the top 200 enterprises in mainland China for four consecutive years.
2005 (No. 371), 2006 (No. 206), 2007 (No. 154), 2008 (No. 132), 2009 (No. 109), 2010 (No. 112), 2011 (60th), 2012 (43rd), and 2013 (30th) consecutively ranked among the Fortune Global 500.
Over the years, the Group's outstanding operational achievements and investment strategies rooted in the mainland and deep-rooted technology have been deeply recognized by the national leaders: Jiang Zemin, Hu Jintao, Wu Bangguo, Wen Jiabao, Li Ruihuan, Li Changchun, Wu Yi and other national leaders have visited the group many times to give the group " Rooted in China, and the global operation is supported by tremendous support.
In 2013, it ranked 30th in Fortune Global 500.
Late at night on May 11, 2018, the CSRC approved the initial application of Foxconn, and the latter and its underwriters will negotiate with the Shanghai Stock Exchange to determine the issuance schedule and publish the prospectus.
Key words:
Address：D Building of Dashiling Industrial Park, Longgan g District, Shenzhen, Longdong Community, Baolong Street Shiyan town,Bao'an district, Shenzhen,Guangdong,China
Tel : +86 755 2815 8929
VIP Customer Line: +86 133 1691 1708
Website: www.dlpocasters.com
Email: qzdali@188.com