The Venture Codex Logo

The Venture Codex

Foxconn Mobile

No. 2 Zihyou St., Tucheng Dist., New Taipei City, 236, Taiwan

Overview

Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer, and the fourth-largest information technology company by revenue. The company manufactures connectors for use in PCs in Taiwan and also manufactures connectors and cable assemblies worldwide. The company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobiles, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems. The Company primarily serves in Taiwan. In addition, it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display keys are regular key switches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it had agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Electronics
  • Hardware
  • Information Technology
  • Manufacturing
  • Software
Visit website

Investment portfolio

  • Qikpod

    Participated · Equity · Dec 2015

    QikPod is building a large network of smart lockers across Indian cities that let shoppers pick up packages using mobile notification codes. Packages are delivered in batches of up to 1,000 to QikPod lockers, and customers can retrieve items within 24 hours by entering a code. The company charges businesses a per-use fee and offers an open platform and API to manage locker operations. QikPod aims to install at least 50,000 lockers in India’s 10 biggest cities over the next 18 months and to have units within 100 meters of residents in major cities. The startup is preparing to launch pilot programs in January, and Foxconn Mobile will build the locker hardware. Founder Ravi Gururaj plans to extend the network into other verticals such as grocery deliveries and dry-cleaning pickups after establishing e-commerce logistics.

Team

No current team members are available.