This Billionaire Assembles the iPhone. Now He's Building an American Factory.

The video discusses Foxconn, a major electronics manufacturer led by Terry Guar, the richest man in Taiwan. It covers Foxconn's global expansion, including a controversial factory in Wisconsin, and Guar's early career. Despite past challenges like worker suicides, Foxconn remains a leader in assembly but faces future challenges in diversifying beyond hardware.

Who is the founder of Foxconn?

• Elon Musk

• Terry Guar

• Bill Gates

• Steve Jobs

What was the main reason Wisconsin offered incentives to Foxconn?

• To improve education

• To create jobs

• To boost local agriculture

• To increase tourism

What was Terry Guar's first product in his business venture?

• Video game consoles

• Smartphones

• Channel changing knobs for TVs

• Laptops

What strategy did Terry Guar use to streamline production?

• Outsourcing

• Automation

• Manual labor

• Importing materials

Which company contributed to over 50% of Foxconn's revenue?

• Microsoft

• Samsung

• Apple

• Google

What major issue did Foxconn face in 2010?

• Financial bankruptcy

• Worker suicides

• Product recalls

• Patent infringement

What challenge is Foxconn facing in the tech industry?

• Decline in software demand

• Shortage of raw materials

• Inability to diversify into software

• Lack of manufacturing facilities