Hon Hai Precision Ind. Co. Ltd.
Guided by a belief that the electronics products would be an integral part of every day life in every office and in every home, Terry Gou, the chairman and CEO of Foxconn Technology Group, founded the group's anchor company, Hon Hai Precision Industry Company Ltd. (“Hon Hai”) in 1974 with US$7500, a devotion in integration expertise for mechanical and electrical parts and an uncommon concept - to provide the lowest "total cost of ownership" solution.

Hon Hai Precision Industry Ltd., also known as Foxconn, is the largest and fastest growing multinational that provides joint-design, joint-development, manufacturing, assembly and after-sales services for global Computer, Communication and Consumer-electronics ("3C") leaders. Leveraging its unrivalled execution and its proprietary eCMMs strategy and business model, Hon Hai not only sports a stellar track record of ten year Compound Annual Growth Rate ("CAGR") around 50%, but also is the largest manufacturing services provider (including CEM, EMS, ODM and eCMMs) for 3C industry by Market Capitalization.

Due to the group's vertical integration and integration of mechanical and electrical engineering, Foxconn Technology Group possesses the competitive advantage in speed, quality, engineering services, flexibility and cost. These combined edge led to its superior growth. With nearly US$60 billion of consolidated revenue in year 2009, Hon Hai is also the World's No. 1 Manufacturing Services Provider for 3C industry.

As a multinational, Foxconn Technology Group has over 40 production and R&D centers span across Asia, Europe and the Americas. The group counts leading global 3C brand names among its strategic partner customers and global institutional investors collectively as its majority shareholders.

Aside from its leading position on business front, Hon Hai is also a leader in technology. Focusing on fields of nanotechnology, heat transfer, wireless Internet, material sciences, and green manufacturing process in areas covering wide spectrum of 3C products, the Company and its affiliates not only has over 35,000 patents granted worldwide, but also ranked 14th U.S.-granted patents in 2009.
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