Hon Hai Precision Industry (Foxconn)

Taiwanese contract electronics manufacturer

Overview

Hon Hai Precision Industry, which trades internationally as Foxconn, is the largest electronics contract manufacturer in the ranking. It assembles smartphones, televisions and game consoles, builds servers and networking equipment, makes computers and tablets, and supplies connectors and mechanical parts; it has also added electric-vehicle and semiconductor segments.[2] Because it books the full value of the devices it assembles, its sales are very large relative to its profit: its net margin in the Forbes data is about 2%, against roughly 39% for Microsoft.[2] Sales rose about 30% between the two Forbes datasets.[2] Forbes did not publish an employee count for the company.

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