Recently,FoxconnIt was decided to invest an additional $1.6 billion in India to build a factory, hoping to establish its own industrial chain in India and seize itApplesshare in India. However, this decision has encountered unexpected difficulties. India's Tata Group acquires Wistron's in IndiaMobile phonesThe assembly foundry, at the same time, proposed a retention policy of double salary, with the intention of snatchingFoxconnMarket share in India. In addition, India ** withApplesA capacity agreement has been reachedFoxconnLost the exclusive right to ** in India. Terry GouI once hoped to make profits by establishing an industrial chain in India, but I didn't expect that I would be calculated by India again, and my previous investment might be wasted.
FoxconnHis previous experience had already sounded the alarm for him. At the beginning, Modi ** announced that it would giveFoxconnTens of billions of dollars in subsidies to attractFoxconnCame to India, but eventuallyFoxconnAnd did not get the expected returns. The subsidy failed to be fulfilled, and the local ** demanded erosion in a short period of timeFoxconnof equity. FoxconnHopefully through withApplesPartnered to build an industrial chain in India, but found itself in a difficult situation.
FoxconnHe has enjoyed many preferential policies in Chinese mainland, including low-cost land and tax incentives. ButFoxconnInstead of giving the Chinese workers universal benefits, they were branded as "sweatshops". As a multinational company,FoxconnThey didn't realize that it was the fertile soil that nourished their development and that they now have millions of employees. In contrast, after entering the Chinese market, Japan's *** successfully occupied 373% market share and become the world's largest automobile exporter. Similarly, the landing of the Japanese bio field has also benefited from the huge dividends of the Chinese market, and it has achieved success by understanding the needs of Chinese consumers and adjusting them according to China's raw material pricing rules.
FoxconnThe act of ingratitude has led to a big loss in the Indian market, which is the result of self-defeating.
Huaweihas become globalMobile phonesThe giants of the market are expected to grow by 2024HuaweiThe shipment volume will exceed 60 million units, occupyingApplesHalf of the market share. At the same time,Manufacturing in ChinaIt is in the transition period to high-end manufacturing. IfManufacturing in ChinaSuccessful transformationFoxconnIt will no longer be possible to receive the support of the mainland as it did in the past. HuaweiThe strong rise andManufacturing in ChinaThe transformation givesFoxconnA wake-up call was sounded that if they did not adjust their strategies in time, they would be abandoned by the times.
Terry GouwithFoxconnThe lesson of failure tells us that if an enterprise wants to gain a foothold in a market, it must know how to be grateful and respect the needs of the market and consumers. In today's globalized world, the markets of various countries have great potential, but they are also full of competition and challenges. Enterprises should not simply rely on past achievements and advantages, but should focus on innovation and continuous progress, and constantly adjust their strategies to adapt to changes in the market. Through learning XiHuaweiWe should actively explore and innovate and continuously improve our competitiveness in order to be invincible in the fierce market competition.