Foxconn Hon Hai Precision Industry Co. Ltd. - 2622 Words

Foxconn, which is also known as Hon Hai Precision Industry Co.,Ltd, is a multibillion business. Many big names are listed on Foxconn’s clients’ list, such as Apple, Cisco, Dell, and Nokia. According to a report, Foxconn has become the world largest electronics contractor manufacturer, and it is the third richest information technology company by calculating its revenue each year . As a manufacture company, Foxconn’s story is a huge success. They provide thousands of job opportunities in different regions in the world every year; their increasing revenues contribute to the growth of GDP (Gross Domestic Production) in multiple countries. Because of Foxconn’s manufacturing system, consumers enjoy using the fabulous technological productions by paying affordable prices and replacing for new productions in a much shorter period of time. However, the inside story of Foxconn is not as beautiful as what they show on the surface. The founder, Terry Guo believes in concentrated managerial strategy within his business. Foxconn is a Fortune Global 500 company that is registered in Taiwan. Terry Guo ambitiously spreads his business globally. He establishes branch operation center in Mainland China, Brazil, Europe, and so on. Furthermore, in Mainland China, Foxconn own 800,000 employees, and 420,000 of them work in Shenzhen, Guangdong Providence. According to the description, Foxconn is a highly international company, which makes the public assume it has a diversity view onShow MoreRelatedEssay on The Leadership of Foxconn1435 Words   |  6 Pagesdecision making and have more responsibility. Foxconn Terry Gou founded Hon Hai Precision Industry Company Ltd, the anchor company of Hon Hai / Foxconn Technology Group in 1974. Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group, is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the worlds largest electronics contract manufacturer measured by revenues. Foxconn is primarily an original design manufacturerRead MoreHow Apple Has Become For Successful Companies Growing Up Essay1629 Words   |  7 PagesIntroduction Apple has always been one of the most influential, innovative, successful companies growing up. I, as an individual have watched this Company mature and specifically remember when Apple has blown up in the industry. Before the world knew it, Apple has become something that is well known amongst many people. I feel that it is important to learn how Apple has become to achieve such greatness. Steve Jobs and Stephen Wozniak founded Apple in 1976. These two men were dropouts in collegeRead MoreApple Inc Strategy And Plans For The Competition1071 Words   |  5 Pagescompetition market. For example: HTC, HP, Sony, Panasonic, Toshiba, Huawei, Philips and etc. These firms compete with Apple and Samsung; also they compete with each other. 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FROM: Kavon Baradaran and Julia Yang, Poka -Yoke Consulting DATE: October, 25, 2015 SUBJECT: Non-Market Strategy Recommendation for Foxconn Foxconn Technology Group is the number one firm among Electronics Manufacturing Services (EMS) providers since 2005, and is a global firm that goes beyond China and Taiwan. However, recent market research and analysis show that Foxconn is facing a rather unfavorable publicity regarding itsRead MoreAchieving Motivation At The Workplace1177 Words   |  5 Pagesintroduced piece-rates to raise the employees’ initiative and therefore enhance the productivity.  · Evidence: Though being old, practice like piece-rate introduced by Taylorism never ages, especially for labor-intensive industries, and even some rather new and fancy industries. 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The report concludes with a recommendation from the author of improving work place conditions in Terry Gou’s Foxconn megafactorie. Question 1 Part A Sir Richard Branson is a self-made billionaire entrepreneur, adventurer, icon, and the founder of the globally recognized Virgin Group. With a diverse empire of over 400 companies under his ownership, Sir Richard BransonRead MoreFoxconns Labor Condition1992 Words   |  8 Pagesof Foxconn Foxconn is the subsidiary of the Hon Hai Precision Industry Co., Ltd., which is a Taiwanese multinational electronics manufacturing company headquartered in Taiwan. It is the worlds largest maker of electronic components. Foxconn is primarily an original design manufacturer and its clients include major American, European and Japanese electronics and information technology companies. Notable products manufactured by the company include iPad, iPhone, iPod, PlayStation, etc. Foxconn has