Foxconn Technology Group is a high-tech enterprise of Hon Hai Precision group in Taiwan. It was founded in 1974 in Taipei City, Taiwan Province, China. Its president is Terry Gou. Now it has more than 1.2 million employees and top customers in the world.
In 1988, we invested and built factories in Shenzhen, established more than 30 science and technology industrial parks in China, from the Pearl River Delta to the Yangtze River Delta to the Bohai rim, from the southwest to the Central South to the northeast, and had more than 200 subsidiaries and posts in Asia, America, Europe and other places. On December 12, 2014, according to foreign media reports, Foxconn announced that due to insufficient orders, the company would close its plant in Chennai, India, on December 24. More than 1700 employees at the plant are likely to lose their jobs.  In February 2016, Foxconn will invest more than 650 billion yen ($5.8 billion) in sharp. Sharp's board voted through the deal. That is to say, sharp company of Japan agrees with the offer of Foxconn company of Taiwan of China. This is the largest overseas acquisition ever accepted by Japanese technology companies. On August 11, 2016, Foxconn said that China's antitrust authorities had approved the company's acquisition of sharp. This progress paves the way for Foxconn to complete its US $3.8 billion acquisition of sharp. On May 20, 2017, Foxconn planned to build Wuhan R & D center with a total investment of 10 billion yuan.
On May 11, 2018, the CSRC approved Foxconn's IPO application.  On June 17, it established its North American headquarters in Milwaukee, a port city in southeastern Wisconsin.  In July, a new company industrial AI system was established in Silicon Valley.