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Foxconn Celebrates 50 Years Highlighting Innovation In Gala Program

Special tributes from Apple, NVIDIA, Intel, SoftBank, ARM and Murata

20 February 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) celebrated its half centennial on Tuesday by showcasing forward-thinking innovation and transformation of the world’s largest electronics manufacturer and leading technological solutions provider.

A formal gala dinner program, attended by 500 guests, paid special tribute to Foxconn Founder Terry Gou, after a lightning round conversation on the theme of innovation excellence that included Foxconn Chairman and CEO Young Liu during the cocktail hour.

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Tonight we are among friends, who are long-time customers and suppliers.

Chairman Liu

This evening is for you. It is Terry’s evening.

Chairman Liu

The “Foxconn Way” has become an institutional platform to transform local economic structure and to train local talents to support a new manufacturing ecosystem brought about by Foxconn, said Founder Gou.

In the past fifty years, Foxconn has succeeded in changing the lives of millions of workers, thus their families and also their communities. As the Founder, I am most proud of it.

Foxconn Founder Terry Gou

Electric vehicles took prominent place as some guests were transported to the event in the Foxconn-developed MODEL C, now in mass production. Foxconn’s contract design and manufacturing service (CDMS) capabilities were on display as guests walked a red carpet past the luxury sedan MODEL E and sporty crossover MODEL B parked inside the ballroom. At the end of the evening, guests were given a commemorative, limited edition 50th anniversary, custom-made, unibody MODEL E miniature EV.

A lightning round barside conversation led by Ed White, head of Clarivate’s Center of Innovation and IP Research, highlighted Taiwan’s excellence in innovation and intellectual property. Out of the 58 companies and research institutions in the Asia Pacific in Clarivate’s annual Top 100 Global Innovators, 11 are from Taiwan, while Foxconn – named for the last six years in a row – leads Taiwanese corporates. Nine of the 11 were among guests at the gala dinner. 

The exclusive, closed-door event was well attended by Foxconn’s top-tier customers, partners and suppliers from around the world, as well as Taiwan government officials and foreign government representatives, highlighting the broad range of the Group’s stakeholders.

Pre-recorded video tributes were made by Apple CEO Tim Cook, NVIDIA Founder and CEO Jensen Huang and Intel CEO Pat Gelsinger. Offering tributes during the dinner included Apple COO Jeff Williams, SoftBank Founder and CEO Masayoshi Son, ARM CEO Rene Haas and Murata Manufacturing CEO Norio Nakajima. A cabinet-level delegation led by Taiwan Vice Premier Cheng Wen-tsan also attended the gala dinner.

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 2022, revenue totaled TWD6.62 trillion (approx. USD222 billion or EUR200 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 over a million 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

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