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

Foxconn plant won't be profitable for years: WEDC report

The 44-page report, which WEDC released Friday to the Milwaukee Business Journal, lists that fact as one of four weaknesses in the state incentive package with Foxconn and a privately-held company controlled by CEO Terry Gou. The WEDC staff recommended ...
Posted: November 13, 2017, 5:33 am

Foxconn and CEO Terry Gou guarantees up to $1.5 billion to back pledge for Wisconsin plant

Foxconn chairman Terry Gou will personally guarantee 25 percent of the clawbacks his company would face if it violates the terms of a $3 billion contract with the state of Wisconsin set to be executed later this week. At most, Gou and his company could ...
Posted: November 9, 2017, 8:12 am

Walker, Gou sign state’s $3 billion incentive contract for Foxconn

https://www.biztimes.com/2017/industries/manufacturing-logistics/foxconn/walker-gou-sign-states-3-billion-incentive-contract-for-foxconn/ Gov. Scott Walker and Foxconn chairman Terry Gou made it official Friday, signing a contract that commits the state of ...
Posted: November 10, 2017, 1:26 pm
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