Foxconn

Taiwanese multinational electronics contract manufacturer

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2024 Foxconn surpassed expectations with record fourth-quarter revenue.
2023 Foxconn reaches an annual revenue that ranks 20th in the Fortune Global 500, solidifying its position as a global electronics manufacturing leader.
January 2022 After assuring Apple and the Tamil Nadu government of corrective measures, Foxconn began reopening its factory and resuming work in phases.
2021 An unsuccessful unionization attempt is made by 30 workers in Chennai, resulting in their subsequent termination.
December 29 2021 Apple put the Foxconn plant on probation following revelations of substandard living conditions for workers.
December 22 2021 Food Safety Department sealed the kitchen of the worker dormitory after finding rats and poor drainage conditions.
December 17 2021 Workers staged sit-in protests in dormitories. By 10 pm, thousands of women workers protested on the Chennai-Bengaluru national highway. 67 women protestors were detained by police, and one journalist was arrested.
December 15 2021 256 workers at Foxconn's Sriperumbudur factory developed Acute Diarrhoeal Disease due to food poisoning after eating food at the company-provided hostel. 159 workers were hospitalized.
July 2021 Foxconn and TSMC reached an agreement to purchase 10 million BioNTech COVID-19 vaccines for Taiwan, with each company buying five million doses.
June 2021 Taiwan allowed founder Terry Gou, through his Yongling Foundation, to negotiate COVID-19 vaccine purchases with TSMC.
February 5 2020 Foxconn started producing medical masks and clothing at its Shenzhen factory during the COVID-19 pandemic, initially for internal employee use.
July 1 2019 Young Liu becomes the new chairman of Foxconn, replacing founder Terry Gou after his retirement
March 26 2018 Foxconn's unit, Foxconn Interconnect Technology, acquired Belkin International for $866 million.
2016 Foxconn co-founded Future Mobility, a car startup aiming to sell all-electric fully autonomous premium cars by 2020.
March 30 2016 Foxconn finalized the Sharp acquisition deal at a lower price than initially proposed.
February 25 2016 Sharp accepted Foxconn's ¥700 billion (US$6.24 billion) takeover bid to acquire over 66 percent of Sharp's voting stock.
2014 Foxconn purchased Asia Pacific Telecom and won spectrum licenses to operate 4G telecommunications equipment in Taiwan.
2013 When AIADMK party comes to power, Foxconn India makes a wage pact with Panchalai Anna Thozhilalar Sangam, which remains valid until 2016.
September 2012 Foxconn announced plans to invest US$494 million in constructing five new factories in Itu, Brazil, creating 10,000 jobs.
March 2012 Foxconn acquired a 10-percent stake in Sharp Corporation for US$806 million, with plans to purchase up to 50 percent of Sharp's LCD production.
January 2012 Foxconn named Tien Chong (Terry) Cheng as chief executive of its subsidiary FIH Mobile Limited.
October 2010 Approximately 1,200 workers belonging to the Foxconn India Employees Union (affiliated with CITU of CPM) are recognized, and FIST begins mobilizing after a gas leak affecting around 200 workers.

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