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Foxconn Technology Co Ltd
Research & Development
Foxconn Technology Co Ltd
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Foxconn Technology Co Ltd
TWSE:2354
|
Research & Development
-NT$1.4B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
5%
|
CAGR 10-Years
2%
|
||
Hon Hai Precision Industry Co Ltd
TWSE:2317
|
Research & Development
-NT$112.4B
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-9%
|
||
Primax Electronics Ltd
TWSE:4915
|
Research & Development
-NT$3.2B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
-7%
|
||
Hannstar Display Corp
TWSE:6116
|
Research & Development
-NT$931m
|
CAGR 3-Years
-25%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
2%
|
||
FIC Global Inc
TWSE:3701
|
Research & Development
-NT$471.8m
|
CAGR 3-Years
-35%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Min Aik Technology Co Ltd
TWSE:3060
|
Research & Development
-NT$123.7m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
9%
|
CAGR 10-Years
3%
|
Foxconn Technology Co Ltd
Glance View
Foxconn Technology Co Ltd., formally known as Hon Hai Precision Industry Co., Ltd., stands as a towering giant in the realm of electronics manufacturing. This Taiwanese multinational, founded by Terry Gou in 1974, has etched its place in history as the world's leading electronics contract manufacturer. The essence of Foxconn's business lies in its expertise in producing a substantial range of electronic components and products for global tech titans like Apple, Sony, and Microsoft. Renowned for its production of Apple's coveted iPhones, Foxconn orchestrates a massive and intricate supply chain operation, functioning with the precision of a well-oiled machine. Its prowess in mass production, cost efficiency, and rapid scaling establishes it as an indispensable pillar in the ecosystem of cutting-edge technology. What propels Foxconn's financial success is its unique position as an Original Equipment Manufacturer (OEM). It not only assembles products but provides complete manufacturing solutions, meticulously bridging the gap between design and production. By leveraging its vast pool of resources and labor along with advanced technological capabilities, Foxconn minimizes manufacturing costs for its clients, effectively optimizing their product development cycles. Additionally, the company has diversified its business model to include ventures in artificial intelligence, robotics, and electric vehicles, thus expanding its horizons beyond traditional electronics. This strategic diversification ensures that Foxconn remains at the forefront of technological evolution, consistently capturing new streams of revenue while reinforcing its core competencies.
See Also
What is Foxconn Technology Co Ltd's Research & Development?
Research & Development
-1.4B
TWD
Based on the financial report for Sep 30, 2024, Foxconn Technology Co Ltd's Research & Development amounts to -1.4B TWD.
What is Foxconn Technology Co Ltd's Research & Development growth rate?
Research & Development CAGR 10Y
2%
Over the last year, the Research & Development growth was 4%. The average annual Research & Development growth rates for Foxconn Technology Co Ltd have been -1% over the past three years , 5% over the past five years , and 2% over the past ten years .