When Foxconn was at its most brilliant, Terry Gou liked to "keep an eye on" employees on the front line, and even his urine was not yellow enough, which he regarded as a sign that employees did not work hard enough. And now, the OEM king is looking at India as the next "pick-up man".
As we all know, since earning the first pot of gold in Shenzhen in 1988, in the following three decades, backed by Chinese mainland policies and demographic dividends, the "grassroots boy" Guo Taiming has become the richest man on Taiwan Island and the global OEM king. During the same period, Foxconn, a subsidiary of Hon Hai, has also become synonymous with the world's factories, collecting more than 500 billion yuan per year.
However, with the rapid expansion of personal wealth, Guo Taiming not only did not think of the source, but went further and further on the road of "eating and smashing the pot".
In addition to going to the front line to check whether the employees were urinating enough and not yellow, which magically caused 12 young employees of Shenzhen Foxconn to jump off the building and commit suicide, Guo Taiming once conceitedly said that "if Foxconn is threatened by Chinese mainland, he has the ability to move the production base to other places at any time."
In fact, before Guo Taiming was so open-mouthed, he had already "secretly knotted" with Lao Mei. And its $10 billion investment in 2017 to create the "Eighth Wonder of the World" for Wisconsin is proof of this.
As a result, the heavens did not fulfill people's wishes, because Uncle Sam refused to enter the "sweatshop" again, Guo Taiming could only smear the soles of his shoes after leaving a few lonely buildings. At this embarrassing moment, Apple CEO Cook happened to throw an "olive branch" to Gou, hoping that the latter would enter India together.
In order to further curry favor with the United States, Guo simply laid off more than 300,000 mainland employees and gradually transferred 300 billion yuan worth of production capacity to India and Southeast Asia. India, which also has a population of 1.4 billion, is regarded by Gou as the "pick-up man" of Chinese mainland.
After throwing $5 billion at India during the epidemic, not long ago, Terry Gou made another big move: in order to make India-made Apple phones surpass Chinese mainland, Foxconn decided to invest at least $1.5 billion in India. In this regard, not only foreign media but even Cook unanimously praised: Guo Taiming made the right bet!
Although Terry Gou was once again praised by foreign media, it is quite ironic that Warren Buffett, the "god of stocks", has never been tempted by Foxconn. According to the data, Buffett would rather 2$500 million invested in BYD, and tens of millions of dollars entered the life science and technology "original knowledge", and Foxconn has always been in a forgotten corner.
For example, although the popularity of the "original knowledge cause" technology that is often placed on the dining table by Warren Buffett is less than one-ten-thousandth of Foxconn, the laboratory discovery from Harvard and Cambridge that "can rejuvenate the state of life **, hair and other organisms, and extend the life span by 30%" still pushed it into the eyes of the gods.
Subsequently, the 90-year-old stock god spent tens of millions of dollars to enter the game, and with the help of JD.com and Tmall platforms, he earned nearly 10 billion US dollars in wealth. According to the big data of e-commerce, Yuan Zhiyin has set a record of more than 2 million transactions in one hour due to related finished products, and more than eighty percent of users are from high-net-worth families in Beijing, Shanghai and Guangzhou.
Back then, I learned that Warren Buffett 2After investing $500 million in the "old rival" BYD, the angry Terry Gou even did not hesitate to ask Buffett repeatedly: Why invest in a company with "moral issues"?
In the face of Terry Gou's rude accusations, Buffett obviously did not want to pay attention to it, so he did not come forward to explain. On the contrary, his old partner Charlie Munger was more sincere, and directly slapped the former in the face: because Wang Chuanfu is doing a great thing, and Foxconn has just lost its advantage in the field of mobile phone foundry.
In the eyes of the outside world, Foxconn's tyrant Terry Gou, who is difficult to enter the eyes of Warren Buffett, seems to be as fierce as a tiger in India, but in fact, he has long been in danger.
Although India has a large population, Indians are not stupid. In the face of Gou's "overtime culture", Indian workers responded directly by striking and even smashing and looting, "We don't want to be forced labor." Obviously, reality slapped Terry Gou with a big mouth.
At the same time, the 50% pass rate of the Indian factory has made Cook, who pursues perfection, directly turn around and increase cooperation with the domestic foundry giant Luxshare Precision. In fact, it was the departure of Foxconn, "a whale falls, everything is born", Luxshare Precision, BYD and other domestic OEMs were able to leap into the sky and copy Guo Taiming's back road.
In 2017, Terry Gou passed by the "original knowledge" aging technology in Silicon Valley, so he missed a 100-billion-scale health outlet and the opportunity to win the 100-year-old life. Now, Foxconn's parent company has been investigated in the mainland, and Guo Taiming is once again standing at the crossroads of fate, but can the water of the Ganges River really make him change his life against the sky this time?