Hon Hai Precision Industry
Hon Hai Precision Industry—better known as Foxconn—is the world’s largest manufacturer of electronic parts and servers, and in 2021 it continued to benefit from the boom in consumer demand for electronics. It earned $214.6 billion in revenue in 2021—a record high—as pandemic-era work-from-home and virtual-learning habits encouraged consumers to update their devices. Foxconn is Apple’s largest manufacturing partner for iPhones, but even after a strong year for smartphones worldwide—unit sales increased 7% globally—Foxconn kept up ongoing efforts to limit its reliance on its relationship with the Cupertino, Calif., giant. Foxconn is aiming to secure a foothold in electric vehicles, robotics, and digital health by investing in the manufacture of three new technologies—A.I., semiconductors, and communication devices that run on 5G and 6G wireless networks.
Walid Berrazeg—SOPA Images/LightRocket/Getty Images
As of 8/3/2022
New Taipei City, Taiwan
Electronics, Electrical Equip.
Market Value ($M)
Figures prepared in accordance with International Accounting Standards. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)As of 8/3/2022
Total Stockholder Equity ($M)
Profit RatiosAs of 8/3/2022
Profit as % of Revenues
Profits as % of Assets
Profits as % of Stockholder Equity
Hon Hai Precision Industry Rank History
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Lists ranking Hon Hai Precision Industry