Introduction: AsApplesof the "Imperial Factory",Foxconnhas been with the help of the past few yearsApplesThe power of the city flourishes. However,FoxconnFounderTerry Gouand the investigation of the relevant Chinese authoritiesFoxconnFacing a dilemma. Recently,FoxconnThe announcement of a five-day, eight-hour workweek has further sparked controversy. Although some think it isFoxconnbut I think it's only going to intensifyFoxconnproblems. This article will**Terry Gouof remarksFoxconnThe dilemma and the impact of the implementation of the new regulations, and the impact ofFoxconnThe future is looking forward.
InApplesDriven by,FoxconnRise quickly and become a powerful companyOEMEnterprise. FoxconnwithApplesMaintain close cooperation not only in China to establish a large number ofOEMplant, also withApplesto enter the Indian market. However,FoxconnThe rise is not entirely dependent onApplesChina's success has also been supported by its large market and the promotion of related policies. However,FoxconnFounderTerry GouHis public remarks have sparked controversy, and his arrogant attitude and disrespectful rhetoric about the mainland market are unacceptable.
Expanding:FoxconnInApplesWith the support of the people, it was a great success. ApplesAs a worldwide renownedTechnologyGiant, the requirements for the ** chain are very strict. FoxconnWith its efficient production capacity and excellent product quality, it has successfully wonApplestrust. However,FoxconnThe development of more than just dependentApples。China, as the world's largest electronics market, for:Foxconnalso played a pivotal role. At the same time, China is also the sameFoxconnPreferential policies and support are provided to enable it to succeed in the Chinese market. However,FoxconnFounderTerry GouThe words and deeds are despicable, which not only makes itFoxconnThe reputational damage has also provoked dissatisfaction and vigilance among the relevant Chinese authorities. Terry GouThe rhetoric is not only disrespectful to the Chinese market, but also to the partnersApplesdamage. FoxconnThe success of the Chinese market is inseparable from the support and recognition of the products by Chinese consumersTerry GouIt should be recognized that humility and respect are important qualities for business success.
AlthoughApplesand the Chinese market forFoxconnThe success has contributed, howeverFoxconnMany dilemmas and challenges remain. Recently, the relevant Chinese authorities have made a pair ofFoxconnUnfoldedTax auditsand enterprise land survey, giveFoxconnIt had a huge impact. These actions exposedFoxconnThe problem of overestimating the importance of oneself to the Chinese market. However,FoxconnThe dependence on the Chinese market is much greater than that of ChinaFoxconndependence. FoxconnIf you decide to leave China, the vacated market share will be used in other countriesOEMBusinesses utilize, plusHuaweiThe strong comeback,FoxconnThe position in the mainland market will decline further.
Expanding:FoxconnThe challenges come from internal and external factors. On the one hand,FoxconnOver the past few years, it has been almost entirely relied onApplesof orders. However, withApplesGradually assign orders to other merchantsFoxconnThe number of orders is also gradually decreasing. This is a huge blow to a business of this size, and it can:Foxconncapacity and profitability of the company. On the other hand, the relevant Chinese authorities are rightFoxconnThe investigation and review has shown that:FoxconnThere are some problems in the operation and management of the company. Tax auditsand the survey of the land of the enterprise was exposedFoxconnDeficiencies in compliance with tax laws and land use compliance. This makesFoxconnFaced with hefty fines and regulatory pressures, it had a serious impact on its financial position and reputation.
FoxconnThe recent announcement of a five-day, eight-hour workweek has been interpreted by some as a counterattack. However, I think this will only intensifyFoxconnProblems faced. Foxconnof workers mainly rely on overtime allowances, night shift allowances and holiday subsidies to increase their income, and the implementation of the new rules will limit workers' overtime opportunities, thereby reducing their earnings. This is bound to lead to a large number of workers leaving, rightFoxconnproduction lines and production capacity have a serious impact. Although some think it isFoxconnMeasures taken to reduce costs, but I think this can only be regarded as a palliative approach. FoxconnAs a large enterprise, it should solve the problem fundamentally, improve the welfare of workers, improve the working environment, and increase the sense of belonging and loyalty of employees.
Expanding:FoxconnThe impact of the new rules will be far-reaching. First, the departure of workers will lead to pairsFoxconnproduction capacity and production capacity have taken a hit. FoxconnAs the largest electron in the worldOEMOne of the enterprises, its scale is huge, and the production capacity is very large. If a large number of workers leave the company, it may lead to production line shutdowns and orders that cannot be fulfilled, giveFoxconnHuge losses. Second, the departure of workers will also lead to:Foxconnreputational damage. FoxconnAccusations of labor problems and poor working conditions have long been faced, and mass employee turnover has only further exacerbated this criticism and negativity**. Third, the departure of workers may lead to labor disputes and social instability. FoxconnMost of the employees are from rural areas and they rely on their work to support themselves and their families. If a large number of employees lose their jobs, it can cause social problems and instability. Looking to the future,FoxconnThese issues need to be taken seriously and measures taken to improve themEmployee benefitsand working environment to maintain the sustainable development and competitiveness of the enterprise.
Conclusion:FoxconnAs a familyOEMEnterprise, once relied onApplesbut its founderTerry GouThe words and deeds of the company have damaged the reputation of the enterprise. FoxconnFacedApplesReduced orders and investigations by Chinese authorities have led to losses in stock prices** and market capitalization. FoxconnThe 5-day, 8-hour workweek has sparked controversy and could lead to a large number of employees leaving. FoxconnThese problems should be taken seriously and improvedEmployee benefitsand working environment to maintain the competitiveness and sustainability of the business.