Terry Gou

Foxconn: contract-manufacturing scale strategy, vertical-supply moves

Founder of Hon Hai Precision Industry (Foxconn), which assembles products for Apple, Sony, and other major brands across vast factory campuses. Grew the company from a small plastics parts maker into a dominant contract-manufacturing force employing over one million workers. His strategy centred on razor-thin margins at enormous volume, combined with acquiring component suppliers to control costs end-to-end.