Terry Gou Net Worth is$4,800 $Million
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Birth Name: Terry Tai-Ming Gou
Birth Date: 1950/10/8
Nationality: Taiwanese people
Occupation: Chairman of Foxconn
Years Active: 1974–present
Children: 4
Terry Tai-Ming Gou, sometimes written as Terry Guo, (traditional Chinese: e?-a??e??; simplified Chinese: e?-a??e?-; pinyin: GuA? TA?imA-ng) (born October 8, 1950 in Banqiao Township, Taipei County) is a Taiwanese tycoon who leads Hon Hai Precision (Foxconn), a company that manufactures electronics on contract for other companies. It is the largest such electronics manufacturing services company in the world, with factories in several countries, mostly in mainland China, where it employs 800,000 people and is its largest exporter.
Gou's parents lived in mainland China's Shanxi Province before they fled to Taiwan in 1949, where Gou was born. Gou has two younger brothers, Tai-Chiang Gou and Tai-Cheng Gou; both of them later become successful businessmen as well.
Gou founded Hon Hai in Taiwan in 1974 with $7500 in startup money and ten workers, making plastic parts for television sets in a rented shed in Tucheng, a suburb of Taipei. A turning point came in 1980 when he received an order from Atari to make connectors to the console joystick. He further expanded his business in the 1980s by embarking on a 11 month trip across the US in search of customers. As an aggressive salesman, Gou dropped in unannounced on companies and was able to get additional orders.
In 1988 he opened his first factory in mainland China, in Shenzhen, where his largest factory remains today. Operations in China took on a giant dimension when Gou vertically integrated the assembly process and facilities for workers. The manufacturing site became a campus that included housing, dining, and medical care for the workers, and even chicken farming to replenish the cafeteria.
In 1996, Hon Hai started building chassis for Compaq desktops. From this turning point, he gained other customers for building the bare bones chassis including HP, IBM, and Apple, and would go on to grow into a consumer electronics giant within years.
He now owns 30% of the public company and was ranked 179th on Forb

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Terry Gou Latest News

Top Foxconn executives visit White House, but mum on details

TAIPEI, April 28 (Reuters) - Top executives of Foxconn, including founder and chairman Terry Gou, visited the White House on Thursday, Taiwanese TV footage showed, as the Apple Inc supplier ponders a $7 billion-plus U.S. investment in a display-making plant.
Posted: April 28, 2017, 5:57 am

Hon Hai boss plots move beyond iPhone assembly to AI, IoT

Hon Hai Precision Industry Co chairman Terry Gou, best known for assembling Apple’s iPhones, plans to increase its focus on artificial intelligence and big data over the next few years as he seeks to transform the contract manufacturer into a more ...
Posted: February 12, 2018, 2:42 am

Mainland IPO could help Foxconn to be service provider as well as manufacturer

Given the nature of stock trading in the mainland, it also could be retooling its valuation. As smartphone demand slows, boss Terry Gou is eyeing new areas of growth for his $52 billion contract builder of electronics. Essential to the idea, which he has ...
Posted: February 23, 2018, 2:03 am
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