Hon Hai Precision Industry Co., Ltd is a manufacturer and distributor of electronic products based in Taiwan. Hon Hai Precision is also known as Foxconn, which is a trade name registered under the company. Terry Gou is the CEO of the company and believes that Hon Hai Precision can produce its own electronic products as part of the daily life of every humanity in the world. Hon Hai Precision is a major player in the global computing, communications and consumer electronics (3C) products industry. Hon Hai has two main product categories: Connectors & Cables and PC Components. Foxconn contains company products in the segment of development, design, production and sales of computer, communications and consumer electronics products. Hon Hai is one of the most reliable business partners in the 3C products industry. Furthermore, the company offers reliable services including joint design, joint development, manufacturing, assembly and after-sales services. Furthermore, Foxconn expands its business sectors from technology products to research products such as nanomeasurements, wireless networks, etc. Hon Hai registered over 55,000 patents worldwide by 2012 thanks to its successful business model and CEO's continuity of innovation. Additionally, the primary geography of operations includes mainland China and Taiwan; however, subsidiary services exist in Japan, the United States, and Europe. Although Foxconn's headquarters is in Taipei, Foxconn's eCMMS business model helps the company gain the attention of customers around the world with a medium price range. As mentioned above, Hon Hai is expanding its product segment to attract more ... middle of paper ...... s "Through proprietary one-stop shopping vertical integrated eCMMS model to revolutionize the conventional product outsourcing model 'inefficient electronics.' The company's ultimate vision is "Through devotion to greater social harmony and higher ethical standards to achieve a win-win model for all stakeholders, including shareholders, employees, communities and management."Works CitedHon Hai Precision Industry Co. , Ltd. “ Business Philosophy .” Hon Hai Precision Industry Website (2013). Retrieved March 14, 2014. MarketLine Report “Hon Hai Precision Industry Co., Ltd. Company Profile.” from March 14, 2014. PDF.