Five things to know about Taiwan tech giant Foxconn
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China has imposed a strict lockdown on an area of central China housing a vast iPhone factory operated by Taiwanese tech giant Foxconn. The company, also known as Hon Hai Technology Group, is the world's largest contract manufacturer of electronics, including producing 70 percent of all iPhone shipments globally. The firm is also one of the world's biggest employers, with nearly 1.3 million working in factories mostly in China but also across Asia, eastern Europe, Latin America and the United States. Here are five things to know about the tech behemoth, the latest victim of China's no-compromise zero-Covid strategy: - Maverick founder - Terry Gou, once Taiwan's richest man (he ranked 6th this year), started his business in 1974 making television parts. And the rise of ...