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Hon Hai Technology Group (Foxconn) Statement on Wisconsin

HON HAI PRECISION INDUSTRY ·  May 10 00:00

Despite changes in market demand and other challenges, Hon Hai Technology Group (Foxconn) continues to grow with its community in Wisconsin.

Foxconn Wisconsin is a key manufacturing site for data servers. Our global market share in servers is approx. 40%. Our Wisconsin operations greatly contributes to that market leadership. We are proud of the over 1,000 men and women who work at Foxconn Wisconsin and help make that happen. Employment at Foxconn Wisconsin has grown at least 42% in the three years since 2020. We have been Racine County's largest taxpayer in recent years. Foxconn supports expansion of technology and innovation to the state, backing bonds that allowed local stakeholders and partners to install world class infrastructure. Foxconn has invested approx. US$1 billion in the state.

Foxconn supports our customers to succeed wherever they are, be it Wisconsin or in any of the 205 locations across 24 countries we operate in. We welcome the opportunity to collaborate with stakeholders on growing local communities through our worldwide manufacturing operations.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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