Hi, need to submit a 2250 words essay on the topic Work, people, productivity.
It will provide the history of the company and its foundations and the list of clients and partnerships. The paper will also focus on the relationship between Apple Inc. and the management style adopted by the company and its productivity. Finally, the controversies associated with the company will be briefly discussed.
Foxconn technology Group is a trading name for Hon Hai precision Industry Company limited which was founded in 1974 as a manufacturer of electrical components by Kuo Tai-Ming westernized as Terry Guo (Foxconn technology Group, 2013). Guided by the belief that electronics will be an integral part of everyday life in offices, industries and homes, Terry Guo invested approximately US$7,500 in Hon Hai. The company is a Taiwanese electronics manufacturing company with its headquarters in Tucheng, New Taipei, Taiwan (Foxconn technology Group, 2013). The company manufactures electrical connectors for computer components that have been used by several major computer manufacturing companies. Initially, the Foxconn name was only a trade name used by Hon Hai precision industry Company limited before it was later given to a subsidiary company. Hon Hai opened the first manufacturing company in mainland China in 1988 (Jay, 2004). At about this time, the company went public in the Taiwan stock exchange. it was experiencing great expansion and growth in Asia (Jay, 2004). In the mid 1990’s, the company opened research and development centres in the United States and Japan (Jay, 2004). They also started production of computer cases and within a year it was the leading manufacturer of PC cases in 1996 (Jay, 2004). In the late 1990’s Foxconn set up manufacturing plants in the United states, Ireland, Scotland and United Kingdom (Jay, 2004).
Breakthrough was seen in 2001 when the company set up a manufacturing company in the Czech Republic and took over production of Apples’ iMac computers. Additionally, it took over the production of