Why Foxconn CEO Young Liu Has Been Awarded Padma Bhushan? Know All About Him – News18

Contract manufacturer Foxconn CEO Young Liu has been honoured with Padma Bhushan, India’s third-highest civilian award. He is the only foreigner to be honoured with Padma Bhushan this year.  Liu is a recognised entrepreneur and innovator with over four decades of industry experience.

For the year 2024, the President has approved the conferment of 132 Padma Awards including 2 duo cases (in a duo case, the award is counted as one) on the eve of the 75th Republic Day.

All You Need To Know About Foxconn CEO Young Liu

Young Liu is the chief executive officer and chairman of Hon Hai Technology Group (FOXCONN), the world’s largest electronics manufacturer and the leading global science and technology solutions provider.

He oversees Foxconn’s global operations, encompassing over one million employees across 24 countries/regions and revenues that exceeded $206 billion in 2021.

As chairman, he sets and coordinates the company’s direction and strategies, which is known as the 3+3 strategy — three major industries and three major technologies. These three industries are Electric Vehicles, Digital Health and Robotics. The three major technologies are Artificial Intelligence, Semiconductors, and Next-generation communication technologies.

Liu founded three companies: A motherboard company, Young Micro Systems in 1988; a northbridge and southbridge IC design company focused on the PC chipset, ITE Tech in 1995; and an ADSL IC design company, ITeX in 1997. Young Micro Systems was then merged with Foxconn in 1994, and ITeX was successfully listed on NASDAQ in 2001.

Liu joined Foxconn in 2007 as a special assistant to the founder. He rose through the ranks and in 2019, was appointed chief executive officer and chairman of Hon Hai Technology Group, and the chairman of Foxsemicon Integrated Technology Inc.

In 2020, he became Chairman of Foxtron Vehicle Technologies Co., Ltd. In 2022, he assumed the role of Chairman of XSemi Corporation. Currently, Mr. Liu is the Convenor of the Supervisory Committee of Taiwan Electrical and Electronic Manufacturers’ Association and Director of Taiwan Transportation Vehicle Manufacturers Association.

Liu earned an MS degree in Computer Engineering from the University of Southern California in 1986 and a BS degree in Electrophysics from Taiwan’s National Chiao Tung University in 1978.

In July 2023, Young Lui met Prime Minister Narendra Modi in Gandhinagar, Gujarat, where he attended Semicon India 2023 conference.

Padma Awards – one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. The Awards are given in various disciplines / fields of activities, viz.- art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, etc.