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Why Did Young Liu, the CEO of Foxconn, Receive the Padma Bhushan? Understand Everything There Is To Know About Him

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<p>The CEO of Foxconn, a contract manufacturer, Young Liu, has been bestowed with the Padma Bhushan, the third-highest civilian honor in India. This year, he is the first non-native person to get the Padma Bhushan. Liu is a well-known inventor and entrepreneur with more than 40 years of expertise in the field.</p>
<p><img decoding=”async” class=”alignnone wp-image-375959″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-why-did-young-liu-the-ceo-of-foxconn-receive-the-padma-bhushan-understand-everythi.jpg” alt=”theindiaprint.com why did young liu the ceo of foxconn receive the padma bhushan understand everythi” width=”1077″ height=”718″ title=”Why Did Young Liu, the CEO of Foxconn, Receive the Padma Bhushan? Understand Everything There Is To Know About Him 3″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-why-did-young-liu-the-ceo-of-foxconn-receive-the-padma-bhushan-understand-everythi.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-why-did-young-liu-the-ceo-of-foxconn-receive-the-padma-bhushan-understand-everythi-150×100.jpg 150w” sizes=”(max-width: 1077px) 100vw, 1077px” /></p>
<p>On the eve of the 75th Republic Day, the President has authorized the presentation of 132 Padma Awards for the year 2024, including two pair instances (where the award is credited as one).</p>
<p>What You Should Know About Young Liu, the CEO of Foxconn</p>
<p>Young Liu leads the Hon Hai Technology Group (FOXCONN), the biggest electronics manufacturer in the world and the preeminent supplier of science and technology solutions worldwide, as chairman and CEO.</p>
<p>He is in charge of Foxconn’s worldwide operations, which will employ more than a million people in 24 countries and regions and generate more than $206 billion in sales by 2021.</p>
<p>The company’s direction and tactics, known as the 3+3 strategy—three key industries and three important technologies—are established and coordinated by him in his capacity as chairman. Digital health, robotics, and electric vehicles are these three businesses. Artificial intelligence, semiconductors, and next-generation communication technology are the three main technologies.</p>
<p>Liu established three businesses: Young Micro Systems, a motherboard manufacturer, in 1988; ITE Tech, a northbridge and southbridge integrated circuit design firm that specialized in PC chipsets, in 1995; and ITeX, an ADSL integrated circuit design company, in 1997. Following the 1994 merger of Young Micro Systems with Foxconn, ITeX was successfully listed on the NASDAQ in 2001.</p>
<p>In 2007, Liu joined Foxconn as the founder’s personal assistant. After moving up through the ranks, he was named chairman and CEO of Foxsemicon Integrated Technology Inc. and Hon Hai Technology Group in 2019.</p>
<p>He rose to the position of Chairman of Foxtron Vehicle Technologies Co., Ltd. in 2020. He became the Chairman of XSemi Corporation in 2022. At present, Mr. Liu holds the positions of Director of the Taiwan Transportation Vehicle Manufacturers Association and Convenor of the Supervisory Committee of the Taiwan Electrical and Electronic Manufacturers’ Association.</p>
<p>Liu graduated with a Bachelor of Science in Electrophysics from National Chiao Tung University in Taiwan in 1978 and with a Master of Science in Computer Engineering from the University of Southern California in 1986.</p>
<p>While attending the Semicon India 2023 conference in Gandhinagar, Gujarat, in July 2023, Young Lui had a meeting with Prime Minister Narendra Modi.</p>
<p>One of the highest civilian honors in the nation, the Padma Awards are given out in three categories: Padma Vibhushan, Padma Bhushan, and Padma Shri. Art, social work, public affairs, science and engineering, commerce and industry, medicine, literature and education, sports, civil service, and other disciplines are among the areas of endeavor in which the Awards are granted.</p>


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