Electronic Companies In Chennai Pdf Download
John Cortez
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Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan. In 2021, the company's annual revenue reached 6.83 trillion New Taiwan dollars (US$214 billion) and was ranked 20th in the 2023 Fortune Global 500. It is the world's largest contract manufacturer of electronics.[3] While headquartered in Taiwan, the company earns the majority of its revenue from assets in China and is one of the largest employers worldwide.[4][5] Terry Gou is the company founder and former chairman.
Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry,[6] iPad,[7] iPhone, iPod,[8] Kindle,[9] all Nintendo gaming systems since the GameCube, Nintendo DS models, Sega models, Nokia devices, Cisco products, Sony devices (including mostly PlayStation gaming consoles), Google Pixel devices, Xiaomi devices, every successor to Microsoft's Xbox console,[10] and several CPU sockets, including the TR4 CPU socket on some motherboards. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide.[11]
In January 2012, Foxconn named Tien Chong (Terry) Cheng chief executive of its subsidiary FIH Mobile Limited.[15] He resigned the same year, citing health problems.[16] At this time, Foxconn made up approximately 40% of worldwide consumer electronics production.[17]
Expansion was further pursued after a March 2012 acquisition of a 10-percent stake in the Japanese electronics company Sharp Corporation for US$806 million and to purchase up to 50 percent of the LCDs produced at Sharp's plant in Sakai, Japan.[18] However, the agreed deal was broken as Sharp's shares continued to plunge in the following months.[19] In September 2012, Foxconn announced plans to invest US$494 million in the construction of five new factories in Itu, Brazil, creating 10,000 jobs.[20]
Foxconn's 2020 revenue was NT$5.36 trillion (US$193 billion).[27] Circuits Assembly magazine named Foxconn the largest electronics manufacturing services company in the world for the 14th straight year.[28]
In 2020, Foxconn initiated MIH Alliance to create an open EV ecosystem that promotes collaboration in the mobility industry, with more than 2,200 companies joining the open standard since its launch. The company announced plans to become more involved as a contract assembler of EVs. In the same year, Foxconn partnered with Fiat Chrysler Automobiles N.V. and Yulon Group for a move into EVs. Foxconn has been holding the Hon Hai Tech Day (HHTD) event since 2020 to showcase its latest achievements. In HHTD21, Foxconn introduced for the first time three self-developed EV models: the Model C recreational vehicle, the Model E sedan, and the Model T electric bus.
In January 2021, Foxconn and Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, and automotive ecosystem platforms to global automotive enterprises and ridesharing companies. In February 2021, it announced an agreement with EV startup Fisker Inc. to jointly produce more than 250,000 vehicles a year. In March 2021, Foxtron, the JV company of Foxconn and Yulon, announced cooperation with Nidec to strengthen the power on EV key component development.
In mid-2021, Foxconn announced that the company will enter into more semiconductor production and will be expanding into supplying chips for electric vehicles (EVs) and electronics equipment used for healthcare.[35] In May 2021, Foxconn and Yageo Group entered into a joint venture agreement to form XSemi Corporation ("XSemi") to extend the businesses into the semiconductor industry, including product development and sales. Based in Hsinchu, Taiwan, XSemi aims to consolidate the strengths and resources of the two market leaders, in addition to the upcoming multifaceted collaborations with leading semiconductor companies in product design, process and capacity planning, and sales channel. In August 2021, Foxconn acquired a Macronix 6-inch Wafer Fab for US$90.8mn.
On June 2, 2022, Foxconn announced that their Mexico-based production plant had been hit by a ransomware attack in late May, disrupting production. The facility affected was located in Tijuana, Baja California and specializes in the production of consumer electronics, medical devices, and industrial products.[82]
Foxconn was also exempted by Governor Scott Walker from filing an environmental impact statement, prompting criticism from environmentalists.[97] The plant was estimated to contribute significantly to air pollution in the region.[98] Environmentalists criticised the decision to allow Foxconn to draw 26,000 cubic metres (710^6 US gal) of water per day from Lake Michigan.[88] Given water concerns, Foxconn is spending $30 million on zero liquid discharge technology.[99] Foxconn is also required to replace wetlands at a higher ratio than other companies; Foxconn must restore 2 acres of wetland for every 1 acre disturbed instead of the ratio of 1.2 to 1 for other companies.[99]
On 18 May 2016, FIH Mobile announced the purchase of Microsoft Mobile's feature phone business. Microsoft Mobile Vietnam is also part of the sale to FIH Mobile, which consists of the Hanoi, Vietnam manufacturing facility. The rest of the business has been sold to a new Finland-based company HMD Global, which started developing and selling new Nokia-branded devices in early 2017.[123][124] The total sale to both companies amounted to US$350 million. FIH Mobile is now manufacturing new Nokia-branded devices developed by HMD.[125]
We deliver automation of visual inspection, retaining the power of human intelligence, to enhance quality and efficiency in manufacturing. Combining best in class Artificial Intelligence driven solutions with industrial automations, we provide solutions for a variety of visual inspection problems across all the tiers of companies in manufacturing. The company can build stand alone vision inspection automation systems, or integrate with customer hardware as well. Backed by 2 patents and a very st...
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We are grateful to the authorities for the swift passage of the proposed transaction through statutory processes and for its approval in a record time. This integration is much more than just the coming together of two highly successful companies. It is about turning the collective wisdom of the two companies into a much larger force for creating long-term value for all our stakeholders.
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We are among the first companies in India to offer design-led electronics manufacturing to OEMs using our mature embedded design capabilities. Over the years, we have gained technological expertise and evolved from an electronics manufacturing services provider into a design-led manufacturer providing value-add electronics manufacturing services and ODM solutions in the fields of dispensing solutions, smart devices, connectivity technologies, IoT solutions, brushless drive technology, and Gallium Nitride technology.
We undertake repairs and provide rehabilitation of electronic cards in the railways, aerospace and defense and industrial verticals at our servicing and maintenance business unit at Navi Mumbai. The business unit also specializes in re-engineering at component and PCBA level in order to meet obsolescence and discontinuance issues, along with design and development of cards edge level test set up for electronic assemblies. This third-party service support is extended in electronics repair for railways, and aerospace and defence establishments.
In addition to our facility at Mysore, Karnataka, this business unit is EN 9110/ AS 9110 certified for avionics repairs. This certification allows for critical electronics repair and maintenance of commercial, private, and military aircrafts.
Hon Hai Technology Group, better known as Foxconn, the Taiwanese electronics manufacturing conglomerate, is reportedly planning to invest up to $200 million to set up a plant of electronic components in Tamil Nadu.
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