Foxconn Technology Group

Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer, and the fourth-largest information technology company by revenue. The company manufactures connectors for use in PCs in Taiwan and also manufactures connectors and cable assemblies worldwide. The company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobiles, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems. The Company primarily serves in Taiwan. In addition, it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display keys are regular key switches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it had agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region.

William Hung

Chief Investment Officer

Past deals in Consumer Electronics

Astor

Series A in 2023
Astor provides R&D and manufacturing of automation equipment and carrier fixtures with supply of different hardware and welding products.

Youdian Technology

Series A in 2018
Youdian Technology is a company that develops software. The company is dedicated to developing a sector and environment for smart homes. Products from the company include energy-saving light switches, water filters, air purifiers, smart toilet seats, and surveillance equipment that improve residential safety and lifestyles.

ManX Technology

Seed Round in 2018
Smart vending machine supplier based in Shenzhen.

A.I. Nemo

Series C in 2018
A.I. Nemo develops hardware, home appliances, and a family companion robot. A.I. Nemo was established in March 2014 and is an innovative company dedicated to developing Internet hardware and smart home appliances. The company at the beginning of the creation of the speed of light to get the vibration and innovation workshop A round of investment.

flnet.com

Acquisition in 2017
flnet.com is an e-commerce platform for tablet PCs, laptops, one machine, portable TV, LCD TV, etc.

A.I. Nemo

Series B in 2016
A.I. Nemo develops hardware, home appliances, and a family companion robot. A.I. Nemo was established in March 2014 and is an innovative company dedicated to developing Internet hardware and smart home appliances. The company at the beginning of the creation of the speed of light to get the vibration and innovation workshop A round of investment.

Nucleus

Series A in 2016
Inspired by old home intercom systems, Nucleus combines the family phone, video calling and smart home management to give families an all-in-one tool for modern communication. It connects to your home’s WiFi to enable instant, hands-free communication with your loved ones whether they are upstairs or thousands of miles away. Check out http://techcrunch.com/2015/10/13/nucleus-raises-3-4m-to-build-a-wireless-home-intercom/ for more info.

Yunmake

Series A in 2016
Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app. While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

ColorTV

Seed Round in 2016
ColorTV analytics help content creators make better decisions. ColorTV provides a suite of products, such as personalized video recommendations, real-time tune-in, and rich data insights for all content creators across all OTT platforms. They provide data, discovery, and analytics solutions for connected TV.

TeleEye

Acquisition in 2016
TeleEye is a surveillance camera developer company.

Sharp

Acquisition in 2016
Sharp Corporation, established in 1912 and headquartered in Sakai, Japan, specializes in the manufacture and sale of telecommunication equipment, electric and electronic application equipment, and various electronic components. The company operates through three primary segments: Smart Life, 8K Ecosystem, and ICT. The Smart Life segment encompasses a wide range of household appliances, including refrigerators, ovens, air conditioners, and air purifiers, as well as electronic devices such as calculators and telephones. The 8K Ecosystem segment focuses on advanced display technologies and audio-visual products, featuring LCD TVs, Blu-ray recorders, and multi-function printers. The ICT segment primarily includes mobile phones and personal computers. Sharp Corporation's diverse product offerings cater to both consumer and business markets, supporting innovative solutions for modern living and work environments.

Maisu Wang

Angel Round in 2016
Maisu Wang is a B2B marketplace for plastic materials. The plastic trading e-commerce platform claims that it matches a vendor's plastic requirements.

WiZN Systems

Angel Round in 2016
We are a bunch of passionate engineers who are challenging the status quo. We believe that the existing low power wireless standards are not sufficient to bring the IoT revolution with 50+ Billion devices connected to the Internet. Some of the challenges with the existing technologies are: reliability of wireless communication in harsh environmental conditions; ultra low power communication budget to extend battery life and the cost of internet connectivity. We are trying to address these problems with our technology. Our stand on the IoT standardization debate is simple. The last mile connectivity can not be standardized! The reason being, unlike Internet, the IoT applications are very different. Turning on a bulb requires just one ‘bit’ versus streaming video needs data rates of the order of Mbits/sec. Hence multiple standard-based and proprietary solutions will have to co-exist to address these wide varieties of applications. And this is possible only when standardization happens at the cloud level. This will allow all the connected things to talk to each other, irrespective of their last mile communication protocol. Our endeavour is to showcase this approach with our technology and products. Consumers don’t care about the standards. They care about the experience, utility and cost. We want to provide a seamless experience to our customers - one mobile APP to take care of all their needs. Our plan is to integrate all the existing products, which our customers care about, on to our platform. And build great products, wherever there is a gap. Wish us luck.

Nucleus

Seed Round in 2015
Inspired by old home intercom systems, Nucleus combines the family phone, video calling and smart home management to give families an all-in-one tool for modern communication. It connects to your home’s WiFi to enable instant, hands-free communication with your loved ones whether they are upstairs or thousands of miles away. Check out http://techcrunch.com/2015/10/13/nucleus-raises-3-4m-to-build-a-wireless-home-intercom/ for more info.

Yunmake

Series A in 2015
Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app. While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

Snapdeal

Private Equity Round in 2015
Snapdeal, India's largest online marketplace features best-priced deals on branded products like mobile phones, electronics, computer peripherals, apparels, cosmetics, perfumes, watches, bags, sunglasses, footwear, kitchenware and more. Launched in February 2010, Snapdeal.com is the market leader in the retail services deals space and is the largest e-retailer of watches, sunglasses, jewelry, among other categories. It has been rated as the number 1 e-commerce site in India by Dataquest/Sapient E-commerce Survey 2011. A dynamic and vibrant company, Snapdeal provides a fun working environment for its employees and is currently 1000+ people strong. Investors in the company include Bessemer Venture Partners, IndoUS Ventures, and Nexus Venture Partners.

Electric Imp

Series B in 2014
Electric Imp provides a unique connectivity platform that seamlessly and securely connects devices to cloud services. Available in both public and private cloud flavors, the platform starts with secure hardware modules from our partner Murata. These modules run impOS, our secure, managed operating system that hosts the customer app within the wireless chip itself, and facilitates industry-standard TLS connections to the imp cloud service. On the cloud side, the managed imp service hosts a VM for every connected device, giving you the flexibility to integrate your IoT data flows with any data storage or analytics service - or even directly connect it to enterprise systems. Ready-to-use integrations are available for AWS Kinesis, Keen.io, New Relic, Salesforce, Pubnub, Wolfram, Twilio and more. Because both the device and cloud are managed services, we provide security as a service: we monitor, patch, and update all aspects of the system to ensure the continued security of our customer's devices and data. Much more information can be found at https://www.electricimp.com

Soundhawk Corporation

Series B in 2014
Everyone deserves to hear the world the way that they want. Founded by one of the worlds leading experts in hearing health and built by a team of executives and engineers from Apple, Palm, Cisco and Amazon we’re on a mission to transform the listening experience. Simply and affordably. At Soundhawk we’re creating a Smarter Way to Listen.

WiTricity

Series E in 2013
WiTricity is the trailblazer in wireless charging for electric vehicles, leading the development and implementation of magnetic resonance technology across passenger and commercial vehicles alike. The company’s technology is backed by an extensive patent portfolio and is the foundation for ratified global EV wireless charging standards including SAE, ISO, and GB. Automakers and Tier 1 suppliers turn to WiTricity to help accelerate the adoption of EVs by eliminating the hassle of plug-in charging, setting the stage for future autonomy.

Foxteq Holdings

Venture Round in 2009
Foxteq Holdings Inc. provides computer products like monitors, keyboards, printers, mouses, modems, and CD-ROM drives. Foxteq Holdings Inc. is based in George Town, Cayman Islands. Foxteq Holdings Inc. operates as a subsidiary of Hon Hai Precision Industry Co. Ltd.

Ennoconn Corp

Acquisition in 2007
Ennoconn Corporation, founded in 1999, a leading Industrial mother board designer and a total hardware system solution provider to various vertical market applications (POS, Banking Automation, Kiosk, Lottery and Industrial Automation). With extensive professional knowledge, Ennoconn aims to deliver the state-of-the-art technology with high quality and speed for keeping our customer ahead among competitors. In 2007, Foxconn Technology Group, largest “Electronic Manufacturing Service” company in the world, became the majority share holder of Ennoconn, forming a strong strategic alliance in embedded system and electronic manufacturing business.
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