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Foxconn chairman Terry Gou says he is stepping down

Terry Gou, chairman of Foxconn, the world's largest contract assembler of consumer electronics for companies such as Apple, said Friday he was stepping down amid speculation he could be planning a presidential run next year.

Foxconn says it's looking for 'flexibility' with Wisconsin

Foxconn Technology Group insists it remains committed to a $10 billion project in Wisconsin that employs up to 13,000 people, while saying it is also looking for "flexibility" in the deal struck with much fanfare in 2017 ...

Foxconn head stepping back, mulling presidential run

The head of Foxconn Technology Group is planning to step away from day-to-day operations at the world's largest electronics provider and said Tuesday that he is mulling a run for president of Taiwan.

Foxconn buys building across street from Wisconsin Capitol

Foxconn Technology Group announced Friday it was buying a six-story office building across the street from Wisconsin's state Capitol to house an off-campus research center it will run as part of a partnership with the University ...

Foxconn factory jobs touted by Trump will not come to pass

Electronics giant Foxconn reversed course and announced Wednesday that the huge Wisconsin plant that was supposed to bring a bounty of blue-collar factory jobs back to the Midwest—and was lured with billions in tax incentives—will ...

At what cost? Debate swirls on 'giveaways' after Amazon HQ deal

As the winners of the biggest corporate prize in decades—the new Amazon headquarters—relished their victory, debate was still raging over the billions of dollars in incentives offered to attract the fast-growing US technology ...

Foxconn may import workers for US plant: report

Taiwan-based electronics manufacturer Foxconn is struggling to find enough skilled workers for its planned facility in Wisconsin and may bring in personnel from China, the Wall Street Journal reported Tuesday.

Foxconn giving $100 million to UW-Madison for partnership

Foxconn Technology Group announced Monday that it will invest $100 million in engineering and innovation research at the University of Wisconsin-Madison, making it one of the largest gifts in the school's history that comes ...

Foxconn reaches agreement to open Green Bay office

Foxconn Technology Group announced Friday that it plans to open an office in Green Bay that will bring at least 200 high-tech jobs, a chance for the company to spread benefits and goodwill more widely amid doubts that the ...

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Foxconn

The Foxconn Technology Group (traditional Chinese: 富士康科技集團; simplified Chinese: 富士康科技集团) is a multinational business group anchored by the Hon Hai Precision Industry Co., Ltd. (Chinese: 鴻海精密工業股份有限公司; LSE: HHPD), a Taiwan-registered corporation headquartered in Tucheng, Taiwan. Foxconn is the world's largest maker of electronic components including printed circuit boards.

Due to its dominance in this specialized outsourcing sector, it is popular with European, Japanese and American companies wishing to reduce labor costs without sacrificing quality. Better known products Foxconn manufactures include the iPhone and the iPad. It is the largest exporter in Greater China and the second largest exporter in the Czech Republic.

Foxconn has been involved in several controversies–most relating to how it manages employees in China, where it is the largest private employer.

This text uses material from Wikipedia, licensed under CC BY-SA