Hon Hai Precision Industry Co Ltd - Company Profile
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Business Description
Hon Hai Precision Industry Co Ltd (Foxconn) is an electronics company. The company designs, manufactures, assembles, and supplies computer, communication, and consumer-electronics goods. It provides electronic manufacturing integration services for Computer, Communication and Consumer electronics (3C) industries, electric vehicles, robotics, and digital health industries.
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R&D Overview
The company’s R&D arm focuses on developing innovative applications, commercializing and realizing product designs, and continuing to systematize management processes. The company focuses on areas such as quantum computing, materials science, autonomous driving, and high-performance AI data centers. It also emphasizes environmental sustainability and serves as a model for global enterprises. The R&D units of the company include the Hon Hai Research Institute, the Semiconductor Research Center, the Next-generation Communications Research Center, the Information Security Research Center, and the Quantum Computing Research Center. The company also focuses on developing forward-looking nanoelectronic components, advancing core technologies for 5G and next-generation networks, innovating cross-domain applications in information security, and exploring quantum computing applications. The company operates R&D centers in various markets worldwide, including China, India, Japan, Vietnam, Malaysia, Czech Republic, and the U.S. As of December 2024, the company had 57,729 patents. In FY2024, the company incurred expenses of TWD115,771.7 million on R&D, which as a percentage of revenue, stood at 1.7%.
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