Foxconn Technology Group, is a Taiwanese multinational electronics contract manufacturing company, headquartered in Tucheng.
Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer,and the fourth-largest information technology company by revenue.The Company manufactures connectors for use in PCs in Taiwan, and also manufactures connectors and cable assemblies worldwide. The Company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobile, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems.The Company primarilt serves in Taiwan. In addition it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland, and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display-keys are regular keyswitches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it has agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 30, 2018 | IPO | — | — | — | — | Detail |
Apr 4, 2017 | Series B | $20M | 1 | Sprint Vc | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Funding Round | $500M | Electronics | Yes | |
Oct 5, 2022
Kneron
|
Series B | $48M | Artificial Intelligence | — |
Apr 5, 2022
Gogoro
|
Post-IPO Equity | $295M | Automotive | — |
Feb 22, 2022
XRSpace
|
Corporate Round | $100M | Electronics | Yes |
Jan 17, 2022
H2U Corp.
|
Corporate Round | $8M | Health Care | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Sprint Vc | Yes | Series B |
Foxconn Technology Group has had 11 exits. Foxconn Technology Group most notable exits include Gogoro , Didi
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Apr 5, 2022 | Gogoro | IPO | Automotive | Detail |
Jun 30, 2021 | Didi | IPO | Artificial Intelligence | Detail |
Aug 27, 2020 | Xpeng Motors | IPO | Automotive | Detail |
Aug 21, 2020 | Nanox Imaging | IPO | Health Care | Detail |
Jul 9, 2020 | Electric Imp | M&A | Cloud Data Services | Detail |
Foxconn Technology Group has acquired 8 organizations. Their most recent acquisition was Ennoconn Corp on Jan 1, 2007. They acquired Ennoconn Corp for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Jan 1, 2007
Ennoconn Corp
|
Hardware | acquisition | — | Detail |
Feb 27, 2016
SoftBank Capital
|
Artificial Intelligence | acquisition | $ 600M | Detail |
Mar 30, 2016
Sharp
|
Electronics | acquisition | $ 3.80B | Detail |
Apr 13, 2016
TeleEye
|
Hardware | — | $ 203.66M | Detail |
May 26, 2016
SMART Technologies
|
Collaboration | acquisition | $ 200M | Detail |