Foxconn Chairman Rebuts "Box Mover" Label: 120,000 Engineers, Vertical Integration
lukas_m_ziegler · x · 2026-10-30
The author met Young Liu, Chairman of Hon Hai/Foxconn, in Taiwan. Liu pushed back on the "box mover" perception, citing over 1 million employees worldwide, 120,000+ engineers, 78,000 system designers, and 2,500 patents in 2025 alone — a workforce built for designing products, not assembling them. He stressed Foxconn is pursuing vertical integration, not vertical aggregation.
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