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Hon Hai Technology Group (Foxconn) Names Kathy Yang Rotating CEO, Strengthening Leadership Ranks
2025/03/31
Hon Hai Technology Group (Foxconn) Names Kathy Yang Rotating CEO, Strengthening Leadership Ranks
Takes successful baton from CC Lin and becomes first woman to hold role30 March 2025, Taipei, Taiwan – Underscoring a strong commitment to grow next generation leaders, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has named Kathy Yang Chiu-chin its rotating Chief Executive Officer, effective Monday, setting two major milestones in corporate governance leadership for the world’s largest electronics manufacturing service provider. Yang takes the baton as the second rotating CEO, continuing the bold commitment first set a year ago by Foxconn Chairman Young Liu to deepen sustainable leadership at the global technology giant. Yang’s appointment also makes her the first woman to hold the rotating CEO role, a recognition of the breadth of her expertise in global logistics, trade compliance and worldwide campus operation oversight. “Leadership planning is very important for enterprises that want their operations to be sustainable. The rotating CEO sytem is a key part of that,” said Chairman Liu. “This program equips General Managers with early exposure to Group-level leadership responsibilities, enabling them to develop the skills required for broader roles. Over time, this transitional system will cultivate a pool of leaders with proven expertise in both operational execution and organizational management.” Liu added that inaugural rotating CEO CC Lin, head of Foxconn’s E Business Group, fulfilled CEO responsibilities during his rotation in the past year and achieved outstanding performance in meeting operational goals, setting a good precedent. E Business Group includes gaming, thermal modules, lightweight metal chassis, PCB, EV electronic modules, among its business operation scope. Yang has more than three decades of experience in supply chain and logistics. “Through the strength of the organization and systems, we make corporate governance sustainable, building a more agile, more sustainable leadership structure that can quickly respond to market challenges,” she said. In taking up the relay baton, Yang will focus on business management, continue to promote management optimization and uphold Foxconn’s values to share, collaborate and thrive with its stakeholders. Yang concurrently serves as Foxconn’s Global Chief Campus Operation Officer, a new position established last year aimed at integrating and improving the Group’s global layout and enhancing the service support from headquarters to its campuses, particularly important amid geopolitical changes. She is also Foxconn’s Chief Logistics and Trade Compliance Officer, and is Chairperson and CEO of JUSDA , a leading logistics solutions provider and a key subsidiary of Foxconn. In her time at Foxconn, Yang has progressively taken on growing responsibilities in areas involving global reach, stakeholder engagement and industry domain knowledge. She now leads teams of over 8,000 people around the world. In 2015, Yang led the transformation of the internal logistics arm of Foxconn into an independent subsidiary named JUSDA, driving its annual revenue from USD120 million to today’s USD2.5 billion. Previous to her current roles, Yang spent nearly two decades with US global logistics leader United Parcel Service. Yang is a recognized winner by global diversity leader and champion of women in the C- suite, WeQual, in the Specialist category of the WeQual Awards, Asia-Pacific 2023. She was one of 24 finalists, from which winners were selected in eight categories following a rigorous and highly competitive assessment process.    About Foxconn Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking 32nd among the Fortune Global 500. In 2024, revenue totaled TWD6.86 trillion (approx. USD208 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates over 230 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – next-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com
2025/03/31
Hon Hai Technology Group (Foxconn) Distinguished As Member of S&P Global’s Sustainability Yearbook 2025
2025/03/26
Hon Hai Technology Group (Foxconn) Distinguished As Member of S&P Global’s Sustainability Yearbook 2025
‘Industry Mover’ recognition demonstrates strongest improvement in industry26 March 2025, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has been distinguished for the first time in S&P Global’s Sustainability Yearbook 2025, a milestone ranking that demonstrates the corporate sustainability strength of the world’s largest electronics manufacturing service provider. In the annual ranking, Foxconn was awarded the ‘Industry Mover’ distinction for showing a more than 40% increase in its scoring among companies in the ‘Electronic Equipment, Instruments & Components’ industry, the strongest improvement among its peers. "This terrific achievement represents the diligent work of Foxconn’s sustainability teams worldwide, nearly 680 colleagues, dedicated to ensuring we meet ESG demands. We are moving ahead with a more proactive and forward-looking direction for sustainable development,” said Nick Huang, head of Foxconn’s Sustainability Committee Office. Following a year of optimization and improvement, Foxconn's S&P Global Corporate Sustainability Assessment (CSA) Score jumped significantly to 71 points from 50 points in the previous year out of a total for 100. The assessment benchmarks companies against indicators such as climate change response, energy management, supply chain responsibility, labor rights, and corporate governance. Of over 7,690 companies assessed for inclusion, only 780 companies made it into the Sustainability Yearbook 2025, one of the most influential corporate sustainability assessments in the world. The rankings represent, within each industry, companies with an S&P Global CSA Score of at least 30, ranking within 15% of the industries top performing companies by number and scoring within 30% of the industries top performing company. Going forward, Foxconn plans to disclose new ESG goals and continue to consolidate on its supplier responsibility and global sustainability engagements. In 2022, Foxconn issued 32 medium- and long-term ESG goals for the first time, covering areas including climate action, supply chain responsibility, employee well-being and corporate governance. Most of the goals have been achieved ahead of schedule. Foxconn's renewable energy ratio is over 60%, its proportion of women directors is nearly a third, and the Group has actively supported key suppliers to sign green electricity commitments. About S&P Global’s Sustainability Yearbook - 2025 Rankings here. About Foxconn here.
2025/03/26
2025 Foxconn TLPGA Players Championship  Returns With New Benchmark Of US$1.5 Million Purse
2025/01/03
2025 Foxconn TLPGA Players Championship Returns With New Benchmark Of US$1.5 Million Purse
l   Women pro golfers in top 100 among competitors in 2nd annual tournamentl   Defending champion Haruka Kawasaki of Japan sets sights on back-to-back titlesl   Comeback in Taiwan for former World No 1 Jiyai Shin of South Koreal   Foxconn-sponsored Chia-Yen Wu, hometown favorite, spotlighted for 2nd year【Taipei, Taiwan – January 3, 2025】The LPGA of Taiwan (TLPGA), in collaboration with title sponsor Hon Hai Technology Group (Foxconn), is thrilled to announce the 2025 Foxconn TLPGA Players Championship. In its second edition, top women pro golfers will compete for a record-breaking total purse of US$1.5 million, marking a 50% increase from last year and setting a new benchmark for the TLPGA Tour.The multi-day tournament will take place from February 27 to March 2 at the Orient Golf & Country Club in Taiwan, where the event was inaugurated in 2024. For the first time, the TLPGA-sanctioned tournament will feature international live broadcast coverage, airing in Japan on Sky A, alongside VL Sports and Sportcast Sports in Taiwan.Raising the Bar with World-Class CompetitionThe 2025 Foxconn TLPGA Players Championship sets itself apart with its exceptional ranking points, substantial prize money, and elite sportsmanship. Foxconn, the world’s largest electronics manufacturing service provider and as the title sponsor, is honored to drive the TLPGA Tour’s international presence and competitive growth.Aim High. Swing Brilliantly.The 2025 Foxconn TLPGA Players Championship has attracted over 140 international players since registration opened in December 2024, showcasing the tournament’s growing prestige. Leading the field are defending champion Haruka Kawasaki of Japan and last year’s runner-up Yu-Sang Hou of Taiwan. Foxconn-sponsored rising star Chia-Yen Wu, the 20-year-old currently ranked among the top three in Taiwan, will compete for the second year.Adding to the excitement, former World No. 1 Jiyai Shin of South Korea will make her highly anticipated return to Taiwan after seven years, entering as a top contender following her recent triumph at the ISPS Handa Australian Open. This year’s match is set to feature over ten elite players ranked among the world’s top 100. Following the impressive performances by Japanese players last year, the 2025 Foxconn TLPGA Players Championship will see more than 15 players from the JLPGA Tour competing for the championship trophy. The final player roster will be announced on January 17, 2025. Caption: The 2025 Foxconn TLPGA Players Championship features a 50% increase in the total purse, reaching a record-breaking $1.5 million, the highest in the history of the TLPGA-sanctioned Tour. The tournament will return to the Orient Golf & Country Club for the second year.Caption: Former World No. 1 Jiyai Shin, fresh from her 2024 Women’s Australian Open win, and defending champion Haruka Kawasaki, with three JLPGA titles in 2024, are top contenders for this year’s championship.
2025/01/03
Hon Hai Technology Group (Foxconn) Honored  For Investor Relations Excellence In IR Magazine Awards
2024/12/06
Hon Hai Technology Group (Foxconn) Honored For Investor Relations Excellence In IR Magazine Awards
Only Taiwan winner and top spot for Best In Sector – Technology6 December 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn) (TWSE: 2317), the world's largest electronics manufacturing service provider, has been honored as winner of investor relations excellence in three major categories – Best In Sector, Best IR Officer, and Best Use Of Technology Including AI – in 2024 awards by IR Magazine, the globally recognized, definitive, independent voice in investor relations.In the nominations for the Greater China region, Foxconn was a finalist in two other categories: Best Overall Investor Relations and Best ESG Reporting. Among 16 Taiwanese companies nominated this year, Foxconn received the most nominations and was the only company from Taiwan to take home awards, winning for the fourth consecutive year.“This is a tremendous achievement and such an honor to be measured against major Greater China technology peers for Best In Sector. Foxconn’s approach to IR is about being passionate and innovative in showing investors and stakeholders how we are innovating for the good,” said Foxconn Vice President and Spokesperson James Wu. “Our greatest asset is our people. We are so proud of the IR team and colleagues who make this win possible.”Foxconn Senior IR Manager, Kristen Fang, took top spot in the category for Best IR Officer, marking her second international IR award this year and a nod to her exceptional engagement skills, responsiveness, and efficiency that has earned widespread recognition and appreciation from the investor community.In the new category for 2024, Best Use Of Technology Including AI, Foxconn, in its winning nomination, highlighted two major proprietary systems – a Red Dot Design award-winning platform that tracks on a company-wide basis Foxconn’s green goals to align to UN SDGs commitments and another platform embedded with AI tools to enhance intelligent analysis for supporting operational decision making.During the awards ceremony, Foxconn was invited to speak on the theme of “WeChat & websites: Best practices in digital investor relations”, where the company shared its experiences in leveraging online platforms. Foxconn is committed to leading best practice approach for the IR industry and maximizing value for the company and its investors. About IR Magazine awards here.About Foxconn here.
2024/12/06
Hon Hai Technology Group (Foxconn) Wins  Prestigious Red Dot Design Award For Proprietary ESG Platform
2024/09/02
Hon Hai Technology Group (Foxconn) Wins Prestigious Red Dot Design Award For Proprietary ESG Platform
“Hon Hai Sustainable Monitoring Platform” embodies innovative spirit at Group’s 50-year mark 2 September 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced its proprietary platform that can intelligently track sustainability progress at the world’s largest electronics manufacturing service provider has won a Red Dot Award, one of the biggest creative competitions in the world. The “Hon Hai Sustainable Monitoring Platform”, which received a Red Dot Award: Brands & Communication Design, became operational in late 2023 with a user-friendly and compelling interface that belie the complex proprietary technology used to build it. It is instrumental in providing real-time snapshots of how Foxconn is tracking on a company-wide basis against its green goals that align to UN SDGs commitments. The origins of the Red Dot Design Award date back to 1955. Its distinction, the Red Dot, is established internationally as one of the most sought-after quality marks for good design. From products, brand communication and creative projects to design concepts and prototypes, the Red Dot Award documents the most prominent trends worldwide.  “Being recognized with a Red Dot is a fitting milestone for Foxconn on our 50th anniversary this year. We are innovating with information technology capabilities to do our sustainability work better,” Foxconn Vice President and Spokesperson James Wu said. The Star Wars-like, at-a-glance dashboard design of the “Hon Hai Sustainable Monitoring Platform” emphasizes user experience, utilizing dynamic simulation effects and vivid imagery to translate complex ESG data into clear and understandable graphical representations. This greatly enhances the readability and attractiveness of the information, facilitating the understanding and application of data, making it an important support tool for internal corporate decision-making. The custom-made, secure platform can intelligently aggregate data from Foxconn's 205 locations across 24 countries, enabling management to track the real-time progress of ESG goals in each region. Through intelligent analysis, it provides deep insights into each unit's ESG performance and offers timely support to ensure the achievement of ESG objectives. About Red Dot Award: Brands & Communication Design here. 
2024/09/02
Hon Hai Technology Group (Foxconn) Inaugurates  Residential Housing Complex In Industrial Park In India
2024/08/17
Hon Hai Technology Group (Foxconn) Inaugurates Residential Housing Complex In Industrial Park In India
Sustainability, operational efficiency, first of its kind 17 August 2024, Taipei, Taiwan, and Chennai, India – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) and the state government of Tamil Nadu in India today inaugurated a new residential complex in Vallam Vadagal Industrial Park, providing a sustainable living community for thousands of employees of the world’s largest manufacturing service provider.   The complex, built by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT), is a first of its kind, reflecting active efforts by the local government to attract foreign investment, while meeting investor needs for sustainability and operational efficiency. The Vallam Vadagal residential complex represents Foxconn’s commitment to the health and safety of employees and enables a greater workforce diversity. The women-only residential complex offers peace of mind for employees living away from home and a shorter work commute. “Here, will be home to thousands of women, who will find a job with Foxconn. They will come from many regions in India, from all walks of life, at different stages in their lives,” said Foxconn Chairman Young Liu during the inauguration ceremony held at Vallam Vadagal Industrial Park. “This residential complex is now an important part of Foxconn in Tamil Nadu. It joins our commitment to sustainability in India.” Foxconn’s largest footprint in India is in Tamil Nadu. The new complex reflects the Indian state’s robust economic strategy to be a benchmark for India’s technology industry. The multi-building residential complex, which is 20 minutes from Foxconn’s mega manufacturing site via company shuttle, includes laundromat, gym, recreational areas, cafeteria and dining hall. It is the first industrial housing complex built by SIPCOT within an industrial park. The housing complex will increase Foxconn’s operational efficiency and be managed in line with the Group’s international standards and best practice.   Sustainability highlights for Foxconn’s overall India operations: Validated for Zero Waste To Landfill at Platinum-level UL2799 Constructing zero liquid discharge (ZLD) sewage treatment plant Designed series of energy-saving equipment, saving at least 40% power consumption compared with a traditional plant Constructed rain harvesting system able to store more than 2,000 KL of rainwater Third-party audits completed end-2023 under ERSA 3.0 electronics industry standard: No major risks found [link] About Foxconn Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 30 among the Fortune Global 500. In 2023, revenue totaled TWD6.162 trillion (approx. USD198 billion or EUR183 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 205 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – next-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises.To learn more, visit www.honhai.com
2024/08/17
Hon Hai Technology Group (Foxconn) Issues Environmental Management Manual To Enhance Sustainability Progress
2024/08/15
Hon Hai Technology Group (Foxconn) Issues Environmental Management Manual To Enhance Sustainability Progress
25 campuses worldwide detailed in Zero Waste To Landfill 15 August 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today issued its "Environmental Management Manual" for the first time, including mapping out 27 locations in Asia, Europe and the Americas where the Group generates zero waste, demonstrating the progress and integrity in sustainable development from the world’s largest electronics manufacturer. The latest campus to receive the science-based UL2799 validation for Zero Waste to Landfill at the platinum, or highest, level, is the Yantai campus in China. With its 100% diversion, including 6% waste to energy, the achievement of the Yantai campus means the Group has achieved UL2799 validations in five more locations since 2022, ahead of schedule. The UL2799 is an internationally-recognized standard that helps promote pollution reduction and environment protection. Foxconn now has 24 locations recognized at the platinum level, plus 3 at the gold level. With the publication of the “Environmental Management Manual”, Foxconn highlights how clear environmental management policies and procedures enable better identification, assessment, and management of environmental risks. It strengthens the Group’s compliance and competitiveness. As the Group actively makes progress toward its comprehensive zero waste park goal, it is sharing and extending experiences from its largest factories in China to other locations, including Mexico, Brazil, Vietnam, India and the Czech Republic, via internal exchanges and training. Through projects such as reducing raw material usage at the source and increasing the recycling of internal and external packaging materials, Foxconn has gradually reduced incineration and landfill waste to achieve a waste conversion rate of 100%, with incineration heat recovery not exceeding 10%. Foxconn emphasizes end-of-life waste control, employing a proprietary management system for real-time tracking and conducting regular audits of external waste processors to ensure legal waste handling. As of July 2024, the Group’s UL2799 validations cover a total of 47 companies including those with core subsidiaries Foxconn Industrial Internet (Fii), Foxconn Interconnect Technology Ltd (FIT) and FIH Mobile Ltd.  Caption: Hon Hai Technology Group (Foxconn) Zero Waste To Landfill certificate map marks the locations of the 24 platinum-level and 3 gold-level UL2799 around the world. Below is the list of legal entities holding certificates: China Hong Fu Jin Precision Industry (Wuhan) Co., Ltd. FuDing Precision Component (Shenzhen) Co., Ltd. Foxconn Electrical Industry Development (Kunshan) Co., Ltd. Hengyang Futaihong Precision Industrial Co., Ltd Triple Win Technology (Shenzhen) Co., Ltd Shenzhien Fulian Jingjiang Technology Co., Ltd. Interface Optoelectronics (SZ) Co., Ltd Ur Materials Industry (ShenZhen) Co., Ltd Fulian Yuzhan Technology (Shenzhen) Co., Ltd Shenzhen Fulian Fugui Precision Industry Co., Ltd Shenzhen Futaihong Precision Industry Co., Ltd Futaihua Industry (Shenzhen) Co., Ltd Futaihua Industry (Shenzhen) Co., Ltd. - Longhua Branch Foxconn Technology Group Co., Ltd. Hong Zhun Precision Tooling (ShenZhen) Co., Ltd. Shenzhen Fertile Plan International Logistics Co., Ltd. Ur Hongxin Testing Technology (ShenZhen) Co., Ltd. Nanning Fulian Fugui Precision Industry Co., Ltd. Nanning Futaihong Precision Industry Co., Ltd. Fu Yu Electronical Technology (Huai An) Co. Ltd. Fulian Precision Electronics (Tianjin) Co., Ltd. Fulian Cloud Computing (Tianjin) Co., Ltd. Shenzhen Fertile Plan International Logistics Co., Ltd. (Tianjin Branch) Fulian Presision Electronics (Zhengzhou) Co., Ltd. Foxconn technology group, Futaihua Precision Industry (Weihai) Co., Ltd. Fulian Technology (Shanxi) Co., Ltd. Hong Fu Jin Precision Industry (ChongQing) Co., Ltd. Foxconn Precision Electronics (Tai Yuan) Co., Ltd. Hongtujin Precision Electronics (Zhengzhou) Co., Ltd. FIH Precision Electronics (LangFang) CO., LTD. Henan Fuchi Technology Co., Ltd. Fu Tai Hua Industry (Shenzhen) Co., Ltd. Fulian Yuzhan Technology (Henan) Co., Ltd. Hong Fu Tai Precision Electrons (Yantai) Co., Ltd. Hong Fu Jin Precision Electrons (Yantai) Co., Ltd. Futaijing Precision Electronics (Yantai) Co., Ltd. Taiwan Hon Hai Global Headquarters (Hon Hai Precision Industry Co. Ltd. Factory 3) India Foxconn Hon-Hai Technology India Mega Development Private Ltd. Competition Team Technology India Pvt. Ltd. Vietnam Fuhong Precision Component (Bac Giang) Co., Ltd. (Quang Chau P Zone) Funing Precision Component Co., Ltd. Fuhong Precision Component (Bac Giang) Co., Ltd. (Dong Vang site) Americas Foxconn Brasil Industria e Comércio LTDA FIH Mexico Industry S.A. de C.V. Europe Foxconn CZ s.r.o Foxconn European Manufacturing Services s.r.o JUSDA Europe s.r.o.   About Foxconn Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 30 among the Fortune Global 500. In 2023, revenue totaled TWD6.162 trillion (approx. USD198 billion or EUR183 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 205 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – next-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com
2024/08/15
Hon Hai Technology Group (Foxconn) and Extreme Tech Challenge Partner In Semi & AI For Climate Startup Cup
2024/07/29
Hon Hai Technology Group (Foxconn) and Extreme Tech Challenge Partner In Semi & AI For Climate Startup Cup
29 July 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317), the world's largest electronics manufacturer, and Extreme Tech Challenge (XTC), the world's largest innovation ecosystem for founders tackling global challenges, announce their partnership, set to invigorate the tech-for-purpose space. Foxconn's involvement in this partnership marks a significant milestone in advancing global innovation for sustainability and environmental impact. At the heart of this collaboration is the Extreme Tech Challenge Semi & AI for Climate Startup Cup. This pioneering competition is scheduled to launch this summer, with its semifinals to be held during TechCrunch Disrupt on October 30, 2024. The event will feature a full pitch program and exclusive VIP networking reception, fostering invaluable connections between visionary startups and industry leaders. The finals round will be held at CES on January 7, 2025. “We are incredibly excited to partner with Foxconn to launch the Semi & AI for Climate Startup Cup,” said Young Sohn, Chairman of the Samsung Semiconductor Advisory Board, Founding Managing Partner at Walden Catalyst Ventures, and Co-founder of Extreme Tech Challenge. “This partnership represents a significant step forward in our mission to harness the power of technology to address the urgent challenge of climate change. With Foxconn's manufacturing expertise and XTC’s global network, we offer visionary founders the platform and jet fuel they need to scale their solutions. Together, we can make meaningful progress towards a sustainable and resilient future.” This partnership represents a powerful fusion of Foxconn's industrial expertise, visionary innovation, and commitment to environmental, social, and governance (ESG) principles. Foxconn aims to amplify its reputation as a leader in electronics manufacturing while driving green manufacturing and producing smart environmental solutions. Through this collaboration, Foxconn is set to not only support but also actively invest in the next generation of deep-tech startups. “This particular challenge aligns with what Foxconn believes in. Semiconductors and artificial intelligence are two key technologies that will help drive sustainable growth for all of us,” said Young Liu, Chairman of Hon Hai Technology Group (Foxconn). “With XTC, we are looking forward to seeing how fresh innovators take these powerful and versatile technologies to innovate for the good.” Foxconn’s dedication to integrating cutting-edge technologies with sustainable solutions aligns perfectly with XTC’s mission. By bridging the gap between visionary startups and industry leaders, Foxconn and XTC are set to ignite a wave of innovation that will drive solutions to some of the world’s most urgent challenges. The competition aims to provide startups with the infrastructure, mentorship, and global reach that only Foxconn, with its vast manufacturing and technological prowess, can offer. This partnership is a testament to what can be achieved when industry giants, ecosystem builders, and visionary startups unite with a shared purpose. This collaboration will also significantly contribute to achieving the UN Sustainable Development Goals. Together, Foxconn and XTC are poised to unlock new possibilities and drive impactful change. Partnering with XTC aligns perfectly with Foxconn's vision of leveraging technology for a better world. Through this competition, they aim to discover and support the next generation of innovators who are addressing critical global challenges. With the combined efforts of Foxconn and XTC, the future of deep-tech innovation looks brighter than ever. This collaboration promises advancements that will not only revolutionize industries but also contribute to a more sustainable world.   About Extreme Tech Challenge (XTC) Founded by legendary Silicon Valley venture capitalists Young Sohn and Bill Tai, XTC is the world’s largest platform to accelerate startups addressing the UN Sustainable Development Goals. Through its startup competitions, innovation programming and panel discussions at leading tech conferences, thought leadership and networking events, XTC provides exceptional founders the potential for global visibility, venture investment, corporate collaborations, and world-class mentorship. Since 2015, XTC finalists have raised $4.4B+ in investment capital. About Foxconn Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 30 among the Fortune Global 500. In 2023, revenue totaled TWD6.162 trillion (approx. USD198 billion or EUR183 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 205 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – next-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. To learn more, visit www.honhai.com
2024/07/29
We Energies and Foxconn complete clean energy project in Wisconsin
2024/07/24
We Energies and Foxconn complete clean energy project in Wisconsin
Mount Pleasant, WI (July 24, 2024) – We Energies, a Wisconsin-based utility company of WEC Energy Group (NYSE: WEC), and Hon Hai Technology Group ( “Foxconn”) (TWSE:2317) announced the completion of a project to install solar panels at Foxconn’s Science and Technology Park in Mount Pleasant, Wisconsin. “In partnership and collaboration with We Energies, Foxconn is pleased with the end results of this joint effort to integrate green and sustainable practices throughout our manufacturing operations to further achieve our responsibility of protecting the environment,” said Foxconn Technology Group. “As Foxconn’s operations in Wisconsin expand in response to market demand, the presence of renewable energy resources demonstrates our commitment to environmental stewardship across the manufacturing supply chain to our customers and the community.” Foxconn has invested over $1 billion in Wisconsin and today employs over 1,000 employees who manufacture data servers and motherboards for tier-1 customers. These customers look to suppliers such as Foxconn to use renewable sources of energy throughout the manufacturing process when determining additional business growth. The one-megawatt project features nearly 2,000 solar panels capable of producing enough energy to power 300 homes. The unique project design utilizes a mix of single-axis tracking and fixed-tilt panels to maximize the renewable energy production capability. “We’re pleased to bring more clean energy to Wisconsin through this partnership with Foxconn,” said Mike Hooper, president — We Energies.. “As Foxconn expands its operations, this project will deliver affordable, reliable and clean energy for years to come.” The annual energy production expected from this solar project is estimated to offset more than 1,200 metric tons of carbon dioxide (CO2) emissions, equivalent to taking 260 cars off the roads or planting 20,000 trees. During the 30-year life of the system and the agreement between We Energies and Foxconn, the benefits are expected to grow to well over 33,000 metric tons of CO2 removed, 7,200 cars off the road, or 560,000 trees planted. ABOUT WEC ENERGY GROUP WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation’s premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company’s principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in states ranging from South Dakota to Texas. WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 35,000 stockholders of record, 7,000 employees and more than $43 billion of assets.   ABOUT FOXCONN TECHNOLOGY GROUP Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (2317: Taiwan) is the world’s largest electronics manufacturer. Hon Hai is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. Hon Hai has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Hon Hai is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. www.honhai.com.
2024/07/24