Benzinga - May 14, 2021, 4:31PM
Hon Hai Precision is the world s largest contract manufacturer of consumer electronics, communications and computer products. It is the biggest supplier to Apple, and business with Apple accounts for 50% of the company s overall revenue. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, industrial robots, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet, FIH Mobile, Foxconn Interconnect Technology, and ShunSin Technology.
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New Foxconn plant in central China begins operations--China Economic Net
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New Foxconn plant in central China begins operations
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2021-04-25 08:50:28 GMT2021-04-25 16:50:28(Beijing Time) Xinhua English
ZHENGZHOU, April 25 (Xinhua) A new Foxconn Industrial Internet (Fii) plant began operations on Saturday in Zhoukou City, central China s Henan Province, according to the company.
With a total investment of 1.5 billion yuan (about 231 million U.S. dollars), Foxconn s Zhoukou project will be implemented in two phases. Upon completion, the plant is expected to cover about 54.7 hectares with an estimated annual output of 3.1 billion yuan.
It will mainly focus on the development and manufacturing of key components for mobile phones, tablets, PCs and wearables for Chinese tech giant Huawei, according to Fii.
New Foxconn plant in central China begins operations
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