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Foxconn Interconnect Technology Ltd (FIT), a subsidiary of Hon Hai Precision Industry Co Ltd, is a supplier of electronic components. It provides connectivity solutions for EV mobility, 5G AloT, and audio applications. The company’s product portfolio includes accessories, antennas, cables, and connectors. FIT's products offer headset power accessories, speaker systems, RF antenna cable assemblies, high-speed connectors and bulbs among others. It markets under Belkin and Wemo brands. The company’s products cater to consumer electronics, focusing on smartphones, tablets, ultrabooks and wearables. It has operations in Hong Kong, China, Japan, the UK and the US among others. FIT is headquartered in New Taipei City, Taiwan.
Headquarters
Taiwan
Address
66-1, Zhongshan Road, New Taipei, Taipei , 236
Website
www.fit-foxconn.com
Telephone
886 2 77051818
No of Employees
66,148
Industry
Technology and Communications
Ticker Symbol & Exchange
6088 (HKG)
Revenue (2022)
$4.2B
-7.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-24%
(2022 vs 2021)
Market Cap*
$2.3B
Net Profit Margin (2022)
XYZ
-17.9%
(2022 vs 2021)
* As of and is in US$
Foxconn Interconnect Technology Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Accessories: | Belkin |
| Headset | Wemo |
| Power Accessory | DLP |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, Belkin launched SoundForm Bolt True Wireless Earbuds and its suite of youth-focused audio products at JB Hi-Fi. |
| 2023 | New Products/Services | In March, Belkiny added two new colorways for the BoostCharge Magnetic Power Bank 5K. |
| 2023 | Plans/Strategy | In March, the company announced its plans to set up a facility in Telangana to manufacture the wireless headphones. |
Competitor Comparison
| Key Parameters | Foxconn Interconnect Technology Ltd | Applied Optoelectronics Inc | G-TECH Optoelectronics Corp | Aec Connectors Co., Ltd. | BenQ Materials Corporation (Longtan plant) |
|---|---|---|---|---|---|
| Headquarters | Taiwan | United States of America | Taiwan | Taiwan | Taiwan |
| City | New Taipei | Sugar Land | Tongluo | Tainan | - |
| State/Province | Taipei | Texas | - | Tainan | - |
| No. of Employees | 66,148 | 2,149 | 9,069 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| LU Sung-Ching | Chairman; Chief Executive Officer | Executive Board | 2013 | 65 |
| Pochin Christopher | Chief Financial Officer; Director; Chief Operating Officer - Global | Executive Board | 2015 | 65 |
| Pipkin Chester John | Director | Executive Board | 2019 | 63 |
| Lin Nan-Hung | Director; Director - Business unit | Senior Management | 2013 | 54 |
| Tsai Yen-Chao | Vice President | Senior Management | 2018 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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