Apple Products Are “Very Difficult to Make,” Says Hon Hai Chairman Terry Gou

The conglomerate Hon Hai, which owns Foxconn, has attributed its recent financial downturn to the complexities involved in manufacturing Apple products.

Terry Gou, the chairman, acknowledged that the company has made substantial investments in its production facilities to meet Apple’s stringent demands, noting the high difficulty in manufacturing Apple’s sophisticated devices.

Additionally, the firm’s financial results have been adversely affected by increased wages at Foxconn, implemented after a series of employee suicides and negative media coverage.

Despite these challenges, Gou is optimistic about the latter half of the year, anticipating that the investments in the manufacturing sector and the profitable contracts with Apple will start to yield benefits.

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Michael Rose

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