Foxconn is the world’s largest contract electronics manufacturer and assembler.
Foxconn is the trade name of Hon Hai Technology Group, a Taiwan-based company that manufactures electronics for customers around the world. It is best known for assembling products for major technology brands, including Apple, rather than selling most products under its own consumer brand.
Terry Gou founded the company in 1974 in Taiwan. Foxconn expanded from making plastic parts and connectors into large-scale electronics manufacturing, with production facilities and operations across multiple countries.
Foxconn’s business illustrates why market capitalization does not simply follow consumer brand recognition. A contract manufacturer may be essential to famous products while remaining less visible to shoppers. Foxconn is listed on the Taiwan Stock Exchange, and its corporate name is Hon Hai Precision Industry Co., Ltd.