Hon Hai Precision Industry
Taiwan-based Hon Hai Precision Industry—better known as Foxconn—is the largest electronics manufacturer in the world, recording over $172 billion in revenue in 2019. It’s a supplier for Apple (its biggest client), Amazon, Xiaomi, and Sony's Playstation. At a time when the smartphone market is reaching saturation, Foxconn is planning to invest in electric vehicles, robotics, digital health, and artificial intelligence as part of its “Foxconn 3.0 vision.” Foxconn founder Terry Gou resigned as chairman in 2019 to run for Taiwan’s presidency. After dropping his bid, Gou pledged in January 2020 to be “the tiger that leads Hon Hai." He remains on the company’s board.
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