An egg a day

Joe Weisenthal Tracey Alloway interview their colleague Tim Culpan about FoxConn and founder Terry Guo.

And so one of the first things Terry Guo did was he said, okay, I want all of my workers to eat well. So every single one of them would get an egg a day, so they could get a bit of protein. That was kind of a bit of a way out idea at the time. This was, just to be clear, this was in the eighties, seventies and eighties, seventies and eighties. And so Terry Guo is not an electronics guy. Most people in the tech industry have a tech background, they have an electronics background, maybe electronic engineering, Terry Guo studied at a maritime college in Northern Taiwan. So he really studied shipping and logistics, and then he moved into plastics. So his kind of opening business was plastic injection molding. And if you think of Taiwan in the seventies and eighties, it was known, as you know, ‘Made in Taiwan,’ cheap plastic toys, Barbie dolls, and everything else was made in Taiwan.

That’s my bold.

Some of the history of the world:

Joe: (13:44)
How did Apple find Foxconn?

Tim: (13:48)
Well when Steve Jobs came back, as we all know, the company was in trouble, they, Apple was actually making their computers — like physically making them in California, but over a period of time, many companies, you know, Michael Dell and Hewlett Packard, Compaq, and others were starting to outsource to Asia. And at some point during that period of time, Tim Cook, who was operating officer at the time, he’d not yet become CEO, would’ve discovered Foxconn and realize that, you know, these guys make the components. We should probably get to know them. And they really jumped into bed deeply when the iPod came out in the early 2000s.