FoxconnAs the world's largest electronics assembly company, it started out as a small factory producing plastic parts, but with the help ofTerry GouUnique vision,FoxconnIn the early days of reform and opening up, it seized the huge potential of the mainland market and the advantages of low-cost production, and entered the mainland marketInvestmentsBuild a factory. At that time, the mainland attracted many enterprises to come and start businessFoxconnAs a result, it has been able to grow and succeedApplesHuaweiXiaomiand other assembly orders for world-renowned brands. This indicatesTerry GouThe vision is really good, but withFoxconnThe development and growth of the companyTerry GouIt seems to be starting to become arrogant.
Foxconnsuccess is indispensableTerry GouAcuteBusinessInsight. At that time, the mainland market was in the early stage of reform and opening up, with huge market potential and low production costs, attracting enterprises from all over the worldInvestmentsTerry GouFully aware of this, we seized this rare historical opportunity and decided to enter the mainland market. There is no doubt about itFoxconnThe rapid rise of the mainland market is inseparable from the support and dividends of the mainland market, as well as the hard work and dedication of the mainland workers. It is this support of the market and workers that makes:FoxconnIt has become the world's largest electronic assembly company, and has obtained many cooperation opportunities with world-renowned brands. However, it is regrettableTerry GouIt seems to have gradually forgottenFoxconnbegan to show an arrogant and arrogant attitude.
TSMCwithFoxconnAs a Taiwanese company, although the fields we are engaged in are all related to electronics, there are differences. TSMCMainly engaged in:WafersManufacturing, which is a high-tech and asset-heavy industry, requires a lot of high-precision equipment, so it doesn't need to be too much in terms of the number of employees. WhileFoxconnThe main business is electronic assembly, which is a labor-intensive industry, although it also requires a certain amount of precision technology, but it also requires a large number of labor, and the quality and cost of labor are required. So, in contrast,FoxconnIt is more suitable for development in a place like the mainland, which is rich in human resources and has huge market potential.
TSMCwithFoxconnAs a Taiwanese company, it plays an important role in the electronics industry. However, due to the differences in the fields they work in, their business models and development paths are also different. TSMCAs a leading oneWafersManufacturing enterprises, characterized by high technology and heavy assets. WafersManufacturing is a highly sophisticated technical activity, which requires a large number of precision instruments and equipment, advanced manufacturing processes and high-quality engineers and technical personnel. Therefore,TSMCThe number of employees in the factory is relatively small, and it has long established its main production facilities in Taiwan, China, mainly because of the obvious advantages of Taiwan in terms of high-tech talent and technical level. In contrast,FoxconnEngaged in the electronic assembly business, its core competitiveness lies in labor and production efficiency. Electronic assembly is a labor-intensive industry, which requires a large number of workers to complete tasks such as assembly, testing, and packaging of products. With the continuous advancement of technology, the production efficiency and quality requirements of electronic products are also getting higher and higherFoxconnIt has significant advantages in terms of human resource management and production process optimization. In addition,FoxconnIt has also invested a lot of money and manpower in product and market development, and strives to find new growth points. In short,TSMCwithFoxconnDifferent business areas and development strategies in the electronics industry make them have their own advantages and characteristics in the competition of enterprises.
Terry GouRightApplesdependency as wellFoxconnwithApplesThe close relationship between them has attracted the attention of the outside world. FoxconnIn order to fight for moreApplesOrders, actively respond to the United States**HuaweiThe sanctions policy was quickly stopped towardsHuaweiFoundry services are available. And in order to continue to get moreApplesOrder,FoxconnAlso actively cooperatedApplesThe policy of relocation of production capacity has increased in Southeast Asia, especially in the Indian marketInvestmentsBuild a factory. According to the relevant message,FoxconnThe plan is to relocate $300 billion of mainland production capacity to India in the next three years. This series of measures is undoubtedly the sameTerry GouThe response to the mainland investigation has also been further exposedFoxconnwithApplesThe close relationship between them.
Terry GouForApplesThe dependence and investment seem to bring huge business opportunities, but also let itFoxconnCaught in a certain risk. AsApplesThe main product assembly foundry,FoxconnHighly dependentApplesof orders, onceApplesIn the event of market fluctuations or capacity migration, it will be rightFoxconnto have a large impact. In order to keep withApplesPartnerships,FoxconnEven willing to cooperateApplesThe policy of relocation of production capacity has been increased in India and other placesInvestmentsBuild a factory in pursuit of more orders and market share. This action is interpreted by the outside world as:Terry GouThe counterattack is also reflectedFoxconnwithApplesclose cooperation between the two countries.
However,FoxconnIncrease in the Indian marketInvestmentsThere are also certain risks. The Indian market is known as the graveyard of foreign companies, as foreign companies entering the Indian market face many challenges and difficulties, including a complex market environment, fierce competition, and uncertainties in policies and regulations. IfFoxconnDeciding to withdraw from the mainland market, will face difficulties in re-entering the mainland market, because the mainland market has risen a number of competitive assembly enterprises, such as:BYDLuxshare PrecisionWait. Therefore, in increasing the Indian marketInvestmentsBefore,FoxconnThe pros and cons should be weighed and decisions should be made carefully.
Finally,FoxconnwithApplesThe close cooperation between the two parties and the dependency between the two sides are not just one-sidedApplesAlso thereFoxconnwith the assistance of the worldChainOptimization and scaling. In the context of the continuous sanctions imposed by the United States on Chinese companies in the mainland,ApplesIt is also beginning to be promotedChainto reduce dependence on mainland production capacity. ApplesCEO Tim Cook has visited China several times to stand for the mainland factory and said that he will work with the mainlandChainGrow together. This showsApplesThe importance of the mainland market and the rightChainThe pursuit of diversity. So, forFoxconnto continue to strengthen withApplesand diversifying market risk and developing a diverse customer base are all necessary strategies.