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In 2010, following a series of employee suicides at its factory in Shenzhen, Foxconn was criticised by labour activists, who accused the company of providing low wages and allowing employees to work past legal overtime limits. The company has been involved in several controversies.
He also served as chairman of the company's chip unit in Zhuhai, Guangdong province. It has invested hundreds of millions of yuan in Zhuhai, Guangdong province, and Jinan, Shandong province to build chip factories since 2018, which Liu mainly promoted. One of the key directions of Foxconn is to focus its strength on semiconductors. Analysts said the handover signals the company's future direction, underscoring the importance of semiconductors, together with technologies like artificial intelligence, robotics and autonomous driving, after Foxconn's traditional major business of smartphone assembly has matured. Young Liu was the semiconductor division chief as well as the vice-chairman of Foxconn. named Young Liu its new chairman to replace founder Terry Gou, effective on 1 July 2019. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Sony devices (including the PlayStation 3 and PlayStation 4 gaming consoles), 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. Terry Gou is the company founder and former chairman.įoxconn manufactures electronic products for major American, Canadian, Chinese, Finnish and Japanese companies. While headquartered in Taiwan, the company is the largest private employer in the People's Republic of China and one of the largest employers worldwide.
In 2010, it was the world's largest provider of electronics manufacturing services and the fourth-largest technology company by revenue. Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group and better known as Foxconn, is a Taiwanese multinational electronics contract manufacturer with its headquarters in Tucheng, New Taipei City, Taiwan. Hông-hái tsing-bı̍t kang-gia̍p kóo-hūn iú-hān kong-si Hónghǎi Jīngmì Gōngyè Gǔfèn Yǒuxiàngōngsī