Foxconn
Taiwanese multinational electronics contract manufacturer
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2024 | Foxconn surpassed expectations with record fourth-quarter revenue. |
2023 | Foxconn reaches an annual revenue that ranks 20th in the Fortune Global 500, solidifying its position as a global electronics manufacturing leader. |
January 2022 | After assuring Apple and the Tamil Nadu government of corrective measures, Foxconn began reopening its factory and resuming work in phases. |
2021 | An unsuccessful unionization attempt is made by 30 workers in Chennai, resulting in their subsequent termination. |
December 29 2021 | Apple put the Foxconn plant on probation following revelations of substandard living conditions for workers. |
December 22 2021 | Food Safety Department sealed the kitchen of the worker dormitory after finding rats and poor drainage conditions. |
December 17 2021 | Workers staged sit-in protests in dormitories. By 10 pm, thousands of women workers protested on the Chennai-Bengaluru national highway. 67 women protestors were detained by police, and one journalist was arrested. |
December 15 2021 | 256 workers at Foxconn's Sriperumbudur factory developed Acute Diarrhoeal Disease due to food poisoning after eating food at the company-provided hostel. 159 workers were hospitalized. |
July 2021 | Foxconn and TSMC reached an agreement to purchase 10 million BioNTech COVID-19 vaccines for Taiwan, with each company buying five million doses. |
June 2021 | Taiwan allowed founder Terry Gou, through his Yongling Foundation, to negotiate COVID-19 vaccine purchases with TSMC. |
February 5 2020 | Foxconn started producing medical masks and clothing at its Shenzhen factory during the COVID-19 pandemic, initially for internal employee use. |
July 1 2019 | Young Liu becomes the new chairman of Foxconn, replacing founder Terry Gou after his retirement |
March 26 2018 | Foxconn's unit, Foxconn Interconnect Technology, acquired Belkin International for $866 million. |
2016 | Foxconn co-founded Future Mobility, a car startup aiming to sell all-electric fully autonomous premium cars by 2020. |
March 30 2016 | Foxconn finalized the Sharp acquisition deal at a lower price than initially proposed. |
February 25 2016 | Sharp accepted Foxconn's ¥700 billion (US$6.24 billion) takeover bid to acquire over 66 percent of Sharp's voting stock. |
2014 | Foxconn purchased Asia Pacific Telecom and won spectrum licenses to operate 4G telecommunications equipment in Taiwan. |
2013 | When AIADMK party comes to power, Foxconn India makes a wage pact with Panchalai Anna Thozhilalar Sangam, which remains valid until 2016. |
September 2012 | Foxconn announced plans to invest US$494 million in constructing five new factories in Itu, Brazil, creating 10,000 jobs. |
March 2012 | Foxconn acquired a 10-percent stake in Sharp Corporation for US$806 million, with plans to purchase up to 50 percent of Sharp's LCD production. |
January 2012 | Foxconn named Tien Chong (Terry) Cheng as chief executive of its subsidiary FIH Mobile Limited. |
October 2010 | Approximately 1,200 workers belonging to the Foxconn India Employees Union (affiliated with CITU of CPM) are recognized, and FIST begins mobilizing after a gas leak affecting around 200 workers. |
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