The Forbidden City of Terry Gou His complex in China turns out iPhones and PCs, powering the biggest exporter you've never heard ofBy JASON DEANAugust 11, 2007; Page A1Shenzhen, ChinaPast a guarded gate on the outskirts of this city sits one of the world's largest factories. In dozens of squat buildings, it churns out gadgets bearing technology's household names -- Apple Inc.'s iPods and iPhones, Hewlett-Packard Co.'s personal computers, Motorola Inc. mobile phones and Nintendo Co. Wii videogame consoles.Few people outside of the industry know of the plant's owner: Hon Hai Precision Industry Co.With a work force of some 270,000 -- about as big as the population of Newark, N.J. -- the factory is a bustling testament to the ambition of Hon Hai's founder, Terry Gou. In an era when manufacturing has been defined by outsourcing, no one has done more to shift global electronics production to China. Little noticed by the wider world, Mr. Gou has turned his company into China's biggest exporter and the world's biggest contract manufacturer of electronics... http://online.wsj.com/article/SB118677584137994489.html?mod=yahoo_hs&ru=yahooI continue to like FLEX as an investment, but after they announced the SLR acquisition it appears to me that the market has put the FLEX share price on hold until the deal is done and results actually come in for the combined entity...JT :-)
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