Browsing Tag


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Billionaire Foxconn Founder Says He’ll Run for President After Sea Goddess Visited Him in a Dream

After allegedly receiving some encouragement in a dream from a sea goddess, Foxconn founder and chairman Terry Guo has officially announced his plan to run for the 2020 presidential election in Taiwan.

Guo, who will run under the China-friendly Kuomintang (KMT) party, told reporters while visiting a temple that he was visited by Matsu or Mazu in a dream and received some form of encouragement to run for presidency.

Taiwan’s Foxconn is Planning to Build a Factory in Wisconsin That Could Create Up to 25,000 Jobs

Foxconn, the Taiwanese electronics manufacturer for Apple, has expressed its ambition of opening a major factory in Wisconsin — its first on American soil — expected to create thousands of jobs.

Foxconn chairman Terry Gou announced the plan at the White House on Wednesday in the presence of Donald Trump and two Wisconsin Republicans, House speaker Paul D. Ryan and Gov. Scott Walker.

An iPhone Factory in China Just Fired 60,000 Employees and Replaced Them with Robots

Kunshan, China’s main electronics manufacturing hub in Jiangsu province, has initiated a shift in strategy that could further accelerate the electronic industry’s growth in the area but may cost thousands of workers their jobs in the process.

The county has started replacing some of its workforce with robots in an attempt to reduce labor costs, according to South China Morning Post.

Chinese Factory Worker Swears at Man Who Told Him No Smoking, Finds Out It’s His Boss

It’s probably a good idea to know what your boss looks like, especially if you are working at the world’s largest electronics manufacturing company. That’s the advice two Foxconn workers wish they followed when they told off Terry Gou, the company’s founder and chairman, after he told them to put out their cigarettes in a non-smoking area.

Terry Gou, 65, is a self-made man with a net worth of $5.9 billion, according to Forbes. He founded Foxconn Technology, located in Tucheng, New Taipei, Taiwan, in 1974. It is the fourth largest information technology company by revenue and employs approximately 1 million people.