“Hon Hai enjoys a competitive edge in industries with large-scale volume. Supply chain management and large-scale labor manufacturing are Hon Hai’s strengths.”People walk past the logo of Foxconn outside Hon Hai Precision Industry Co’s Taipei office on Wednesday. With the factory’s operation recovering gradually, Hon Hai has proved to its key customer that it has strong risk management ability, he said. The company attributed the growth to robust demand for consumer electronics, primarily high-end smartphones, and cloud-based servers and data centers. With greater exposure to high-end consumer electronics and smartphones, Hon Hai would be less affected by rising inflation, he said.
