HON HAI PRECISION INDUSTRY CO. LTD-TAIWANI is a Winner of the 2016/2017 Global Sustainable Development Award and Accredited as a Global 500 Sustainable Development Agencies of the year 2016/2017 in appreciation of its contribution towards social-economic development of the world and its contribution towards attainment of United Nations Sustainable Development Goals. Recognised for distribution of high quality computers, components and consumer electronics which are environmental friendly,durable and of high Quality. Awarded and Accredited by Public Opinions International (Uganda-East Africa) AND Organisation for International Friends of Africa (OIFA).
Public Opinions International is a Partner and Member of International Organisation for Educational Development (IOED) which is is in Consultative Status from the UN ECOSOC.
HON HAI PRECISION INDUSTRY CO. LTD. is a Taiwan-based company principally engaged in the manufacture and sales of computer, component and consumer electronics (3C) electronic products. The products of the Company include spare parts and modules for 3C electronics industry. Its spare parts include 3C connectors, line assembled products and other spare parts. Its modules include the machinery modules and electronic modules. The Company is also engaged in the system assembly of information technology (IT) products, such as integrated connectors, computer bases, memories, central processing units (CPU) and software. The Company operates businesses in domestic and overseas markets.
Guided by a belief that the electronics products would be an integral part of everyday life in every office and in every home, Terry Gou founded Hon Hai Precision Industry Company Ltd, the anchor company of Hon Hai / Foxconn Technology Group in 1974 with US$7,500, a devotion in integrating expertise for mechanical and electrical parts and an uncommon concept to provide the lowest “total cost” solution to increase the affordability of electronics products for all mankind.
Realizing the Vision of a New ICT Era
Against the backdrop of the evolution of information and communication technologies, where convergence has given rise to what is known collectively as information and communications technologies (ICT), a new industry ecosystem has been created. While this ecosystem is highly dynamic, fast-changing and wide, a common thread or reason for existence for all players in the ICT industry has evolved and it is to provide innovative technological solutions that fulfil information and communication needs in people’s everyday lives.
Four major areas make up that ICT ecosystem: content creation, information processing, cloud data management, and network transmission, and the industry is seeing exponential growth opportunities in each of these core sectors.
Technological advancements have also catalyzed development in content, where communications has evolved from text to voice and to graphics and videos, changing the way we communicate with each other and making human interaction through technology even more natural and intuitive.
Making Smarter Lives Possible
In this 4G and video age, technology has completely changed many aspects of our lives, especially in eight key areas: work, education, entertainment, family and social, safety and security, healthcare, e-commerce or e-money, and green transportation. Technology has made all of these areas easier, faster and smarter.
In the application of advanced technologies to daily life, we have identified six major “flows” – information, money, technology, people, goods, and processes. The seamless and efficient flow of each aspect is critical, for instance, in ensuring that payment for a purchase we made online is transferred on time, and that products are manufactured to the right specifications, and that they reach the right destination based on the information on the order form.
In addition to content creation, these six major flows form one part of what is called “Big Data”, which when harnessed effectively through technology such as analytics, enables understanding and prediction of human behavior and needs. Ultimately, Big Data serves as the bedrock for “smarter lives”.
Foxconn’s Strategy: Connecting the Dots
Since our company was founded in 1974, Foxconn’s vision has always been to provide technological products and solutions that bring convenience to people’s everyday lives.
As a leader in all areas of information processing, Foxconn’s current technology development framework covers the entire spectrum of “11 screens, 3 networks and 2 clouds”. By this we mean that the end-products and devices Foxconn provides cover a wide range of 11 screens, ranked from screens that are held at the nearest to end-users to screens displayed at the furthest, including wearable, smartphone, tablet, notebook, desktop computing, portable TV, digital whiteboard, digital signage, electric vehicle, and robot. The network products and solutions we offer are widely applied in the three realms of Internet, Internet of Things and Smart Grid. We also enable our customers to tap opportunities that extend beyond cloud computing to the edges of the network in what is now called “fog computing”. Collectively, the “11 screens, 3 networks and 2 clouds” represent the comprehensive portfolio of system solutions that Foxconn offers.
Information processing technology continues to be a cornerstone in Foxconn’s sustainable business strategy. In addition, to deliver on our strategic business blueprint, Foxconn is seizing the immense opportunities presented in the new era to ensure that our company remains at the core of the ICT ecosystem, driving synergy and opportunities across the industry value-chain, from hardware to services and other technology solutions. Our business roadmap will guide Foxconn’s horizontal expansion and integration of key growth sectors, which will see our company augmenting our existing IIDM-SM (integration-innovation-design-manufacturing and sales-marketing) base. We are also expanding into content creation, cloud data management services – such as software, platform and infrastructure as-a-service – and wireless 4G-LTE and broadband network transmission services.
Foxconn will continue to invest in the research and development of new products, technologies and applications. Our company has charted a long-term research direction in key growth areas across the information technology sector, including such areas as telecommunications, consumer electronics, robotics and automation, optoelectronics and precision machinery, among others. We have established agile, broad-based production capabilities from components, modules, and product assembly to integrated services. With 5G technology becoming a reality in the near future, the potential for greater innovation and the development of business opportunities are limitless.
True to our vision of enhancing people’s lives, Foxconn will endeavor to provide solutions, products and services, and drive strong synergy within the ICT ecosystem. That will support our goal of helping people leverage technology throughout all aspects of their lives. We will continue to combine our expertise in hardware and software, mapping these against gaps and opportunities across the technology value-chain, to build a holistic, 360 degree framework for how we serve our customers and consumers.
At Foxconn, we refer to this as “connecting the dots” for our customers, partners and consumers.
GREAT PHILOSOPHY
Since 1974, Hon Hai / Foxconn had always been guided by three Foxconnian visions;
- Through the most efficient “Total Cost Advantages” to make comfort of electronic products usage an attainable reality for all mankind;
- Through the proprietary one-stop shopping vertical integrated eCMMS model to revolutionize the conventional inefficient electronics outsourcing model;
- Through the devotion to greater social harmony and higher ethical standards to achieve a win-win model for all stakeholders including shareholders, employees, community and management.
Hon Hai / Foxconn Business Model:
Hon Hai / Foxconn’s Product:
Speed, Quality, Engineering Services, Flexibility and Monetary Cost Saving.
Hon Hai / Foxconn’s eCMMS:
eCMMS stands for e-enabled Components, Modules, Moves and Services. eCMMS is the vertical integrated one stop shopping business model by integrating mechanical, electrical and optical capabilities altogether. It covers solutions ranging from moulding, tooling, mechanical parts, components, modules, system assembly, design, manufacturing, maintenence, logistics … etc. Through the eCMMS model, Hon Hai / Foxconn’s Southern China campus is not only the world’s largest 3C manufacturing base, but also the shortest supply chain at the same time.
ADVANTAGES
Hon Hai/Foxconn’s competitive advantages stem from the award-winning eCMMS business model and an unique Foxconnian culture. By defining herself as a service company rather than a manufacturing concern, Hon Hai / Foxconn defines company products as Speed, Quality, Engineering Services, Flexibility and Monetary Cost Saving. Foxconnians devote to customer’s long term success and pride in our hardworking culture.
Hon Hai/Foxconn’s revolutionary eCMMS model:
eCMMS stands for e-enabled Components, Modules, Moves and Services. eCMMS is the vertical integrated one stop shopping business model by integrating mechanical, electrical and optical capabilities altogether. It covers solutions ranging from moulding, tooling, mechanical parts, components, modules, system assembly, design, manufacturing, maintenance, logistics … etc. Through eCMMS model, Hon Hai / Foxconn’s Shenzhen campus is not only the world’s largest 3C manufacturing base, but also the shortest supply chain at the same time.
Foxconnian Belief:
Hon Hai / Foxconn’s commitment to continual education, investing in its people long term and localization globally not only leads to the deep collaborating relationships with leading institutions of high learning, but also helps to make Hon Hai / Foxconn the largest exporter in Greater China and the second largest exporter in Czech Republic.
KEY ACHIEVEMENTS
A. Founding date: February 20, 1974
Listing date:June 18, 1991
B. Formation History
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