Chinese companies cancel 330 million investments, Apple supports India, and Indian foundries are fac

Mondo Technology Updated on 2024-01-31

Chinese companies cancel 3With an investment of 300 million, Apple supports India, and Indian foundries are facing an existential crisis.

Divestment of Chinese enterprises3300 million US dollars, India has Apple behind it, and the Indian foundry will not escape!

Recently, a piece of news about the "broken arm survival" of Indian OEM enterprises has attracted widespread attention. What is it that has brought India's foundry industry to where it is today?Is there anything wrong with this?Let's take a look at what's hidden.

1) The beginning and end of the "broken arm" Indian foundry.

An Indian foundry was originally going to get 3300 million yuan of capital injection, but the Chinese company temporarily withdrew the project. This is equivalent to cutting off an "arm" in the foundry enterprise, so that the foundry enterprise has to "break the arm to survive". Why are Chinese companies suddenly withdrawing from their investments in China?Could it be that there is any mystery in this?Or has there been a loss of trust between them?These are all questions that need to be clarified. But one thing is certain, and that is that it has had a huge impact on India's foundry industry.

2) India's impact on the foundry industry.

India's foundry industry has encountered many difficulties long before the "broken arm" incident. For example, labor costs continue to rise, but they are difficult to transfer, and profit margins are squeezedIn China, due to the existence of greater competitive pressure, China is at a disadvantage in the international market;In addition, due to the influence of policies, regulations and other factors, OEM enterprises should also make corresponding adjustments and adjustments. The "severed arm" case is undoubtedly a further exacerbation of the predicament of India's manufacturing industry. This has undoubtedly made Indian OEMs more passive in the market.

3) Opportunities and challenges coexist: the development potential of China's integrated circuit industry is still very large.

However, despite the difficulties, we cannot ignore this point. After all, India has a huge domestic demand market that can provide a lot of business opportunities for the foundry industry. In addition, as the country vigorously develops the manufacturing industry, the foundry industry will also benefit a lot. Of course, due to the readjustment of the industrial structure around the world, part of the production capacity is shifting to India, which is a new opportunity for Indian foundry enterprises. So, while the current situation is bad, there is hope for foundries in India in the long term.

The incident quickly sparked a heated discussion on the Internet. Some netizens said there may be geopolitical reasons behind the sudden withdrawal of Chinese companiesSome netizens pointed out that this may be a difference between the two countries in terms of cultural polishingSome netizens also analyzed that this actually reflects that the mutual trust between China and India needs to be strengthened. However, more people believe that this incident has had a huge impact on India's foundry industry, and the relevant Indian authorities should take measures as soon as possible. Some netizens expressed "regret" over the Chinese company's decision to withdraw its investment, while others said it was the company's own choice. On the whole, there are still many problems in China-India relations, and netizens have also expressed the hope that China and India can carry out deeper cooperation on the basis of mutual respect and trust.

For foundries in India, we should not only look at the immediate difficulties, but also look to the future. At present, the world industrial chain represented by Apple is constantly moving towards India. This is a significant opportunity for India's manufacturing sector. To this end, India should seize the opportunity to continuously improve relevant laws and policies to create a good growth environment for foundries. At the same time, enterprises should take the initiative and increase the development of technology and market. As long as the two sides can go hand in hand to make India's manufacturing industry rise rapidly, India's manufacturing industry will surely enter a new period of vigorous development. At the same time, it is also very necessary to attract more large foreign companies to invest in India and support India's "manufacturing". We expect India's foundry industry to weather the storm and achieve higher levels with the help of all aspects!

At present, India's foundry industry is facing serious challenges, but at the same time, it also reflects that there are still many problems in the process of cooperation between China and India in the economic field. We call on China and India to promote cooperation in an open and inclusive manner, based on equality and trust. At the same time, India's foundry companies should not be knocked down by the current difficulties, but should keep up with the changes in the world industrial pattern and make great strides!No matter how the situation develops, the general trend of economic cooperation between China and India will not change, and the future of India's manufacturing industry is bright. Let us work together to create a more brilliant future for China-India economic cooperation!

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