The name Foxconn is familiar to many people, because this company has always been controversial, and it has previously caused problems with employees due to long working hours and boring assembly line work, so it is more well-known to everyone.
But this is not an important issue, the key is that Foxconn does not seem to know gratitude, especially the founder Terry Gou once spoke wildly, and now he is actively cooperating with Apple's relocation. Recently, Foxconn officially announced that the pot also wants to be served away!
As a Taiwanese enterprise that has come to the mainland for development, both the first and the first people are very welcome, and we have always taken good care of Foxconn, giving preferential treatment of tax reduction and land rent, and the local government has even helped Foxconn in recruiting workers.
At that time, Foxconn came to the mainland to build a factory and won 2.3 million square meters of land in the center of Longhua, Shenzhen, at the price of cabbage. Later, with the support of Zhengzhou, the largest single factory in Asia was built, and Foxconn enjoyed a lot of dividends.
On the issue of recruiting employees, Foxconn once encountered difficulties, and the local ** also personally promoted and recruited workers for Foxconn.
You must know that the electronic foundry industry that Foxconn is engaged in is a typical labor-intensive industry, which requires enough high-quality and cheap labor, which is why after the reform and opening up, Foxconn chose to invest in the mainland to build factories.
In this regard, Guo Taiming's vision is still good, and he has achieved development and growth after coming to the mainland market to build a factory.
Foxconn made full use of the mainland's labor advantages, coupled with the largest number of iPhone assembly orders from Apple, and developed from the electronic foundry industry with low gross profit and directly became the world's largest electronic foundry assembly company.
At its peak, Foxconn's number of workers reached 1.2 million, and its annual revenue once exceeded 500 billion yuan, which can be said to be a huge amount of money in the mainland market, and its parent company, Hon Hai Group, has ranked among the top 30 of the world's top 500 for two consecutive years.
As the founder of Foxconn, Terry Gou's worth has continued to rise, and his gestures are also domineering.
In this case, Guo Taiming, who has a lot of money, seems to be a little floating, and from time to time he makes arrogant remarks, and even publicly says that he came to the mainland to build a factory to give us food, so Foxconn began to "eat and smash the pot".
In Gou's eyes, Foxconn has solved a lot of jobs for the mainland. We do not deny this, and it does solve a lot of jobs for us, but this should be a mutual achievement, and it is the hard work of mainland factories that supports the development of Foxconn.
But Terry Gou doesn't think so, and attributes the achievements mainly to Apple, so Apple gave a large number of orders, and Foxconn developed rapidly. It was under this confidence that when the US sanctions came, Foxconn decisively stopped OEM for Huawei.
And when Apple wanted to transfer the industrial chain outward, Foxconn actively cooperated and quickly invested in India and other places to build factories.
Because of the sanctions imposed by the United States, Apple began to worry and wanted to reduce the risk of the ** chain, so it promoted the migration of the ** chain to India and other countries. And Foxconn didn't want to promote the big tree of Apple, so it transferred production capacity according to Apple's requirements.
In Foxconn's plan, it has successively transferred $300 billion of mainland production capacity to India, and has successfully migrated part of it. As a result, the once very prosperous Foxconn campus has become very deserted in some places.
As a result, there is a rare news that Foxconn is being investigated, which is most likely our knock on Foxconn.
However, this does not seem to have attracted the attention of Gou, and instead began to fight back. Recently, Foxconn's parent company, Hongmeng Group, issued an announcement, saying that Foxconn will invest another 11 billion yuan to build a new assembly plant in India.
According to relevant sources, Foxconn's investment is to further increase its iPhone assembly capacity in India.
In August this year, Foxconn invested 3$500 million to build a new plant in India, and now it has been reinvested again in a few months. It can be seen that Foxconn is determined to accelerate its development in India and transfer more production capacity from the mainland.
In this regard, some foreign media directly said that Foxconn also wanted to take away the pot. Because the current sales of Apple's products have basically stabilized, and even under the impact of the return of Huawei's mobile phones, Apple's production capacity may decline to a certain extent.
Therefore, if Foxconn increases its production capacity in India, it will inevitably reduce our production capacity. Judging from the expansion of investment, Foxconn does not plan to look back. But if we want to leave, we won't stay, and it's basically impossible to regret it and want to come back.
Because of the rapid rise of mainland foundries such as BYD and Lixun Precision, the role of Foxconn can be replaced!