Terry Gou maps Hon Hai’s ‘smart’ transformation

PHASE TWO: Hon Hai said it aims to develop healthcare solutions based on big data-driven technologies, and Internet-based security solutions for other sectors

Taipei Times
Date: Feb 01, 2018
By: Lauly Li  /  Staff reporter

Hon Hai Precision Industry Co (鴻海精密) chairman Terry Gou (郭台銘) yesterday

Hon Hai Precision Industrial Co chairman Terry Gou yesterday shakes hands with shareholders in New Taipei City after a provisional shareholders’ meeting approved a plan to list the company’s subsidiary Foxconn Industrial Internet Co on the Shanghai Stock Exchange.  Photo: CNA

mapped out the company’s corporate transformation plan, with an initial focus on developing industrial Internet-focused technologies and then growing Internet-based “smart” healthcare and security solutions.

“The public continues to see Hon Hai as a contract electronics maker… We are transforming from a traditional hardware manufacturing firm into a company that provides platforms and solutions,” Gou told a provisional shareholders’ meeting at the company’s headquarters in New Taipei City’s Tucheng District (土城).

Shareholders approved Hon Hai’s proposal to seek an initial public offering (IPO) for its newly established subsidiary, Foxconn Industrial Internet Co Ltd (FII, 富士康工業互聯網), on the Shanghai Stock Exchange.   [FULL  STORY]

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