Foxconn: Why the world's tech factory faces its biggest tests

Few companies epitomise the era of globalisation better than Hon Hai Precision Industry, the world's largest contract electronics manufacturer. Known as Foxconn Technology Group, its formula for success includes massive plants in China run with an abundant supply of low-cost labour, proximity to clusters of suppliers and a reliance on free trade and a seemingly insatiable global appetite for mass market devices.

Over the past 15 years, Foxconn has grabbed a significant share of the orders to make personal computers and smartphones for brands such as Apple, Dell and Huawei. Along with rival manufacturers from Taiwan such as Quanta Computer, Pegatron and Wistron, it has led a constant race to make the manufacturing process cheaper, faster and more efficient.

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A version of this article appeared in the print edition of The Straits Times on June 12, 2019, with the headline 'Foxconn: Why the world's tech factory faces its biggest tests'. Print Edition | Subscribe