BYD has made a lot of contributions!Replace Foxconn and take over all orders from Huawei
Foxconn suspended the production of Huawei mobile phones, and BYD took over the order.
In recent years, the dispute between China and the United States in the field of technology has continued to worsen, resulting in Huawei facing serious chip difficulties. As the world's largest telecom equipment manufacturer, Huawei has a huge demand for chips. As the world's largest telecommunications equipment manufacturer, Huawei has a huge demand for chips, and the United States** has imposed a technical blockade on Huawei, making it impossible for Huawei to obtain the chips it needs through traditional channels.
In this case, Foxconn, which has long produced smartphones for Huawei, is also under tremendous pressure. In 2019, as tensions between China and the United States continued to heat up, Foxconn had to make a difficult decision - to stop producing smartphones for Huawei. This is undoubtedly a blow to Huawei, because Foxconn is the world's leading OEM company with advanced production equipment and technology. Huawei is highly dependent on Foxconn.
Fortunately, new opportunities always arise in times of crisis. When Huawei was in trouble, BYD, a leading enterprise in China's new energy vehicle field, came to Huawei in time. Through active communication and coordination between the two parties, BYD finally took over all of Huawei's smartphone production orders. This is undoubtedly a major breakthrough in BYD's high-end manufacturing capabilities.
The reason why BYD was able to replace Foxconn as Huawei's mobile phone foundry is mainly due to its great success in the field of new energy vehicles. Over the years, BYD has been committed to the R&D and innovation of electric vehicles and smart car technologies, and has accumulated rich experience in the design and manufacture of electronic components. This has laid a solid foundation for BYD's successful industrial modernization. When Huawei encountered difficulties, BYD quickly mobilized resources, gave full play to its own advantages, and achieved a perfect fit with Huawei.
What it means for Huawei and BYD.
BYD's success in replacing Foxconn as Huawei's foundry means a huge opportunity for both Huawei and BYD.
For Huawei, the addition of BYD greatly satisfies its urgent need to produce smartphones. After Foxconn's exit, Huawei's mobile phone business is at risk of being disrupted. BYD's intervention saved Huawei from being paralyzed. This gives Huawei valuable breathing room to continue its own R&D and production.
More importantly, the cooperation between the two parties marks an important step forward for Huawei in reducing its dependence on foreign companies. For a long time, Huawei relied heavily on foreign OEMs such as Foxconn for production. By cooperating with BYD, a powerful Chinese company, Huawei will be able to localize the chain and reduce the risk of being identified by the United States. This is of great significance to Huawei's long-term development.
Compared with Huawei, this order is more important to BYD's strategic significance. Through the cooperation with Huawei, BYD has gained a rare opportunity for industrial upgrading and transformation. BYD can accelerate the pace of expansion from new energy vehicles to intelligent terminal product manufacturing, and greatly increase the production capacity of high-end product manufacturing.
At the same time, it will also prompt BYD and Huawei to strengthen cooperation in the field of cutting-edge technologies. For example, actively carry out technical exchanges in chips, operating systems, artificial intelligence, etc., to achieve complementary advantages. This will undoubtedly enrich BYD's technological accumulation and enhance its core technological innovation capabilities.
The two companies have partnered to advance technology in China.
The cooperation between Huawei and BYD will have a profound positive impact on the development of China's technology industry.
First, it will help Huawei overcome major technical challenges and maintain its leading position in global technological innovation. Huawei is facing difficulties both in terms of chips and operating systems. The cooperation with BYD, which has strong electronics manufacturing strength, will help Huawei integrate the resources of the first chain, accelerate the R&D process, and strive to achieve independent and controllable chips and software as soon as possible. This is not only related to Huawei's development, but also to the overall progress of China's technology industry.
Second, it will help BYD further expand its scope of activities and make progress in more high-tech fields. Through technical exchanges with Huawei, BYD can accelerate the accumulation of cutting-edge technologies such as electronics, software, and artificial intelligence. This will enrich BYD's innovation resources and enable it to make great strides in technological innovation. The rise and growth of BYD will also provide valuable experience for China to cultivate more leading enterprises in scientific and technological innovation.
Finally, the cooperation between the two companies will provide strong support for China to build a more independent and secure technology industry system. Chinese technology companies need to strengthen cooperation and integrate innovation resources in order to maintain their development momentum in an environment of external pressure. Huawei's cooperation with BYD is a good example of this. We believe that in the future, more Chinese technology companies will join the cooperation team to jointly promote the progress and development of China's technology industry.