Terry Gou andFoxconnRecently, it has attracted a lot of attention. FoxconnAnnounced an additional investment of $1.6 billion in IndiaTata GroupIt wholly acquired Wistron Information Communication in IndiaiphoneThe assembly department became the first company to successfully enterApples** Chain of local businesses. Tata GroupIt is the largest corporate consortium in India, founded in 1868. This consortium has extensive influence and control in Indian society, employing more than 1 million people. withFoxconncomparatively,Tata Groupis much larger and more diverse. Tata GroupNot only toApplesWe provide assembly services and also through our retail companiesInfinitiwithApplesPartnered to open 100 small stores in IndiaApplesStore. This partnership is:ApplesThe expansion in the Indian market offers more opportunities.
India has an ambivalent mindset towards foreign products. They are eager to enjoy high-quality goods, but they don't want foreign businesses to make a profit. ForApplesMobile phonesIndia, for example, has restricted its imports by raising tariffs. Since 2016ApplesStarted assembly in IndiaiphoneSince then, India has decided to impose a tariff policy only on the import of complete machinesiphone。India's goals are clear, and they want toApplesThe production line was relocated to India for expansionApplesSales volume in the country's market. Despite the difficulties and challenges faced by IndiaFoxconn, Pegatron, Wistron, etcOEMThe factory has also set up a production base in India. This makes Gou optimistic about his development in India, but his optimism is overTata GroupThe addition of the break is broken.
Tata GroupThe intervention of letFoxconnIn an even more difficult situation. FoxconnIt has been for many yearsApplesimportantOEMMaker, butApplesDecision to revokeFoxconnExclusive** eligibility in India. FoxconnIn India, there are many problems, such as slow progress in the construction of production lines and low yield rate. WhileTata GroupIt has a large business network and a more stable and reliable production capacity, which makes it possibleApplesInterest was sparked in it. In comparison,Foxconn's strength and influence are relatively weak, and they are even at risk of being replaced. Terry Gou needs to rethink the question of "who is giving food to whom", if he can't adjust his strategy and way of thinking, thenFoxconnIt may continue to slip off.
This article tells about Terry Gou andFoxconnChallenges andTata GroupThe situation of strong entry into the fruit chain. It reminds us that in the face of change and competition, we need to adjust our strategies and mindsets in time to seize new opportunities. In addition, the article also points out that we should not rely too much on others, and we should strive to improve our own strength and competitiveness in order to cope with the fierce competitionBusinessEnvironment. Only by adapting to change and making positive changes can we remain competitive and continue to succeed.