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<\/p>\n
Talking Points for Hon\u2019ble\u00a0 Karnataka Chief Minister
\nMeeting with Mr. Young Liu \u2013 August 16th 2024<\/p>\n
![\"\"](\"https:\/\/mpmlaspowertv.com\/wp-content\/uploads\/2024\/08\/FAlcon-300x161.jpg\")
<\/p>\n
Talking Points:<\/p>\n
\uf0d8 First and foremost, I want to extend my sincere congratulations on being honored with the Padma Bhushan, the nation’s third-highest civilian award. This recognition is a testament to your remarkable contributions, and I am truly delighted to see your achievements celebrated in this way.<\/p>\n
\uf0d8 It is a great privilege to address you today as we work together to deepen and strengthen the collaborative relationship between Foxconn and our state. This partnership is of immense importance, and I am honored to be part of an initiative that holds such significant potential for mutual growth and success.<\/p>\n
\uf0d8 Karnataka has established itself as a powerhouse in the Electronics System Design and Manufacturing (ESDM) sector. With several leading ESDM players operating within the state, we are proud to be among the top contributors to India’s electronics manufacturing output and exports.<\/p>\n
\uf0d8 To support and facilitate competitive electronics manufacturing, Karnataka offers a comprehensive range of advantages. From efficient logistics and reliable power supply to a skilled workforce and a resilient vendor base, our state is well-equipped to meet the needs of this dynamic industry.<\/p>\n
\uf0d8 It gives me immense pleasure to note that your project will create substantial employment opportunities within the State. This not only boosts the local economy but also empowers our workforce and enhances the overall prosperity of the region.<\/p>\n
\uf0d8 We assure you of our complete support and commitment to ensure Foxconn gets all the assistance required in this process.<\/p>\n
Appendix:<\/p>\n
About Hon Hai Technology Group (Foxconn)<\/p>\n
\u2022 Established in 1974 and listed in Taiwan in 1991, with initial products such as electrical connectors, TV knobs, Foxconn has transformed from a components supplier to an OEM\/ODM company, and is now an integrated technological service provider. The company ranked 27th on the Fortune Global 500 rankings in 2023 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World\u2019s Best Employers in 2019.<\/p>\n
\u2022 With a market capitalization of NT$ 2.08 trillion (highest in Taiwan), the Group owns more than 60,000 patents across geographies. The Group is the leader among global EMS suppliers (42.9% market share), with 173 campuses and offices in 24 countries across the world.<\/p>\n
\u2022 The Group\u2019s four primary product segments include:
\no Smart consumer electronics (smartphones, TVs, game consoles, etc.)
\no Cloud and networking products (servers, communication network, etc.)
\no Computing products (computers, tablets, etc.)
\no Components and others (connectors, mechanical parts, services, etc.)<\/p>\n
\u2022 The key customers include Apple, Amazon, Alibaba, Cisco, Dell, Facebook, Google, HP, Huawei, Microsoft, MI and Sony.<\/p>\n
Brief Profile of Mr. Young Liu<\/p>\n
Mr. Young Liu is the Chief Executive Officer and Chairman of Hon Hai Technology Group (FOXCONN), the world\u2019s largest electronics manufacturer and the leading global science and technology solutions.<\/p>\n
Mr. Liu oversees Foxconn\u2019s global operations, encompassing over one million employees across 24 countries\/regions. As Chairman, he sets and coordinates the company’s direction and strategies that are enabling it to chart its next phase of international growth. The main growth strategy is known as the 3+3 strategy, three major industries and three major technologies. These three industries are Electric Vehicles, Digital Health and Robotics. The three major technologies are Artificial Intelligence, Semiconductors, and Next-generation communication.<\/p>\n
A recognized entrepreneur and innovator with over four decades of industry experience, Mr. Liu founded three companies: a motherboard company, Young Micro Systems in 1988; a northbridge and southbridge IC design company focused on the PC chipset, ITE Tech in 1995; and an ADSL IC design company, ITeX in 1997. Young Micro Systems was then merged with Foxconn in 1994, and ITeX was successfully listed on NASDAQ in 2001.<\/p>\n
Mr. Liu joined Foxconn in 2007 as a Special Assistant to the Founder. In 2010, he was appointed as the General Manager of Innovation Digital System Business Group of Foxconn and had later became the Chairman of Socle Technology Corporation in 2014. In 2016, he was elected as a member of the Board of Directors of SHARP Corporation, as well as the General Manager of Foxconn\u2019s Semiconductor Business Group. In 2019, Liu was appointed Chief Executive Officer and Chairman of Hon Hai Technology Group, and the Chairman of Foxsemicon Integrated Technology Inc,. In 2020, he became Chairman of Foxtron Vehicle Technologies Co., Ltd. In 2022, he assumed the role of Chairman of XSemi Corporation. Currently, Mr. Liu is the Convenor of the Supervisory Committee of Taiwan Electrical and Electronic Manufacturers\u2019 Association and Director of Taiwan Transportation Vehicle Manufacturers Association.<\/p>\n
To foster technological innovation and the nurturing of industry talent, Mr. Liu serves as one of the board directors for The Third Wednesday Club. He is also the board member for Taiwan Transportation Vehicle Manufacturers Association.<\/p>\n
Chairman Liu is committed to the digital transformation of Hon Hai, and as a result, he was awarded the “Digital Transformation Leadership” by Harvard Business Review in 2021.<\/p>\n
Mr. Liu earned an M.S. degree in Computer Engineering from the University of Southern California in 1986 and a B.S. degree in Electrophysics from Taiwan\u2019s National Chiao Tung University in 1978.<\/p>\n
Foxconn\u2019s presence in Karnataka<\/p>\n
Foxconn is setting up iPhone assembly plant (Project Elephant) in Karnataka. The company has acquired 300 acres of land in the ITIR Industrial Area, located in Doddaballapura and Devanahalli Taluk of Bengaluru Rural District. The project, with an investment size of INR 22,000 crore, is expected to generate employment for 50,000+ people. Currently, the work is progressing well in this project with construction in progress. The C&I Department, in collaboration with other relevant departments, is actively working on securing all necessary license approvals for the project. Additionally, power and water supply specific to the project are being planned and implemented.<\/p>\n
Additionally, Foxconn is setting up a manufacturing and assembly facility for mechanical components in EV applications (Project Cheetah). The company has leased private land in Bengaluru District for this project.<\/p>\n","protected":false},"excerpt":{"rendered":"
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