Introduction: Honeywell International Inc. (hereinafter referred to as "Honeywell") was founded in the United States in 1885 and registered in China in 1979. It is a multinational company with sales of 33.37 billion US dollars (in 2011) and a world leading position in diversified technology and manufacturing industries (ranked 280th in the Fortune 500). Globally, its business involves aviation products, technology, and services; Residential and commercial building control and industrial control technologies, products, and services; Automated products; In the fields of specialty chemistry, fibers, plastics, electronics and advanced materials technology, products and services, as well as transportation and power technology, products and services. Honeywell's four global business groups have 120000 employees in 95 countries worldwide, with headquarters located in Morris Town, New Jersey, USA. The trading code on the Pacific Securities markets in New York, London, and Chicago is HON. It is one of the 30 constituent companies of the Dow Jones Industrial Average and also a part of the S&P 500 index. [1] Today's Honeywell was formed in the autumn of 1999 by the merger of two famous companies in the world - United Microelectronics Corporation and Honeywell. The core businesses of the former American United Microelectronics Corporation were aerospace, automotive, and engineering materials.