Who Is Foxconn CEO Young Liu, The Taiwanese Entrepreneur Who Has Received The Prestigious Award

Who Is Foxconn CEO Younger Liu, The Taiwanese Entrepreneur Who Has Acquired The Prestigious Award

The Middle has awarded Foxconn Group CEO and Chairman Younger Liu the celebrated Padma Bhushan.

PM Modi And Young Liu
Picture: PM Modi And Younger Liu – X.com/ @IndianTechGuide

New Delhi: In a transfer to recognise the excellent contributions of Foxconn Group in the direction of India’s technological improvement, the federal government has awarded Taiwanese electronics manufacturing large Foxconn Group CEO and Chairman Younger Liu the celebrated Padma Bhushan. Notably, he was the one foreigner among the many listing of 17 Padma Bhushan recipients this 12 months. Right here’s all it’s best to find out about Foxconn Group CEO and Chairman Younger Liu.

Younger Liu, CEO and Chairman of Taiwanese know-how large Foxconn, who has been conferred the Padma Bhushan, has mentioned he’s “deeply honoured” to obtain the award from the Indian authorities. The award got here as Foxconn, which manufactures round 70 per cent of iPhones globally, is investing closely in native manufacturing in India.

Younger Liu Thanks PM And President Of India

“My heartfelt because of the Prime Minister, President and the great individuals of India for this great distinction. I firmly consider that is an affirmation of a collaboration that advantages India’s long-term improvement and helps the expansion of native economies,” mentioned Liu.

“I’ll proceed to encourage my staff. Let’s do our half for manufacturing in India and for the betterment of society,” he added.

Final 12 months, Liu mentioned that reforms and insurance policies in India have created large alternatives for the event of the complete electronics manufacturing ecosystem. “India might be an important nation when it comes to manufacturing sooner or later,” Liu had mentioned.

Foxconn Beneath Ledership Of Younger Liu

Beneath his management, Foxconn began making iPhones in India in 2019 after he took over the reins as CEO and chairman from Terry Gou in June 2019. Apple began making iPhones on the Wistron plant in Bengaluru, which has now been acquired by Tata Group.

Foxconn employs over 40,000 individuals and has plans to double its workforce this 12 months. The group has a turnover of over USD 10 billion in India and it has invested over USD 8 billion within the nation until date. Beneath Liu’s management, Foxconn has joined the India Semiconductor Mission, by way of which the nation is aspiring to arrange a semiconductor ecosystem within the nation.

Foxconn is within the means of establishing an outsourced semiconductor meeting and check three way partnership with HCL Group. Foxconn will make an preliminary funding of USD 37.2 million within the JV.

Skilled Achievements Of Younger Liu

Liu has based three corporations all through his profession, which embrace a motherboard firm, Younger Micro Techniques, in 1988; a northbridge and southbridge semiconductor design firm centered on the PC chipset, ITE Tech in 1995; and an ADSL IC design firm, ITeX in 1997. Liu has an MS diploma in laptop engineering from the College of Southern California and a BS diploma in electrophysics from Taiwan’s Nationwide Chiao Tung College.

(With inputs from companies)



Rajesh

Meet Rajesh, our astute reporter dedicated to delivering daily insights into the dynamic world of business. With a keen understanding of market trends and a passion for unraveling the complexities of commerce, Rajesh brings you the latest in the business landscape.

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