withHuaweiThe strong rise in the field of 5G,Market competitionIt becomes more intense. AppleswithQualcommAs a high-end brand, it performed well in the mainland market at first, but withHuawei, their market share has been squeezed. In order to regain market share,AppleswithQualcommSevere sanctions had to be imposed. Not to mentionQualcommThe chip is inHuaweiAfter the ban, it became a hot seller again, singlelyApplesThe importance of the mainland market cannot be ignored. ApplesThe reason why it was able to regain market share and achieve continuous growth in revenue and market value is because the mainland market is inApplesstrategy. However,ApplesAs an American company, it cannot completely rely on the mainland market, which is also actively promotedChainOne of the reasons for the emigration. On the one hand, the United States ** demandedApplesReduce dependence on the mainland market and make it in advanceChainpreparation of backups; On the other hand, the potential of the Indian market and the size of the populationApplesSaw more opportunities for profit and cost reduction.
FoxconnAsApplesThe largest assembly enterprises, naturally work closely togetherApplesstrategy and active in the Indian marketInvestmentsBuild a factory. AlthoughFoxconnIt has achieved a lot of success in the mainland market, but it does not consider this to be the result of the mainland's supporting support, but to attributeApplesSupport for orders. In order to keep it upApplesThe largestOEMfactory status and strive for more ordersFoxconnIt has been carried out three times in a row in IndiaInvestments, totaling more than $30 billion. But,FoxconnThe plan doesn't seem to be going as smoothly as expected. First of all,ApplesAnd it was not givenFoxconnMore attention may be paid to the low yield rate of the Indian factory, which has led to a large number of returns in the European marketApplesMore orders were divertedLuxshare PrecisionwithPegatronThese twoOEMEnterprise. Secondly,FoxconnIt is difficult to become the largest merchant in India because the Indian Tata Group entered electronic assembly after the acquisition of WistronOEMfield, high salary miningFoxconntechnical talents that aim to becomeApplesThe largest in IndiaChainManufacturers. FoxconnThe semiconductor factory that was a joint venture with an Indian company also failed due to a failed auditFoxconnOnly divestment exit. In this case,FoxconnForced to rethink their strategy and announced the launch of the continental marketInvestmentsExpansion. FoxconnThe action is shown,Terry GouIt did not abandon the Indian market, but hoped to exert some pressure by expanding in the mainland market.
FaceMarket competitionLimitations and Choices,FoxconnThe move showedTerry GouThe cleverness. AlthoughFoxconnThere were difficulties in the Indian market, but this did not make itTerry GouAbandon the idea of the Indian market. Instead, he sees the expansion of the mainland market as a bargaining chip for the Indian market. PassedInvestmentsExpansion. FoxconntowardApplesShowing their strength and expectations in the mainland market, to some extent exerting a certain amount of pressure. This ingenious strategy letsFoxconnIt has maintained a certain dominant position in the wrestling of the Indian market, which further expresses its rightApplesand emphasis on the Indian market.
In addition,FoxconnOther measures have been taken to improve the situation. Due to yield issues in the Indian factory,FoxconnThere is an urgent need to improve technology and quality control. To this end,FoxconnKeep addingInvestmentsto increase the capacity and process level of the Indian plant. This initiative shows:FoxconnThe dedication and efforts of the Indian market are also rightApplesDemonstrate your ability and sincerity. Although the current results are not as expected, butFoxconnStill hoping to be able to get a larger share of the Indian market and continue to beApplesimportantChainManufacturers.
However,FoxconnFacing competitive pressure from two directions. First of all,Chinese enterprisesBYD,Luxshare Precisionand India's Tata Group in ElectronicsOEMThe rise of the field givesFoxconnPoses a threat. These companies have demonstrated strong strength and competitive advantages, especially through the acquisition of Wistron and MiningFoxconntechnical talents, is expected to becomeApplesThe largest in IndiaChainManufacturers. This makes:FoxconnThe hope of striving for the position of the largest business in the Indian market has become slim, and even existsApplesThe risk of abandonment. Secondly,ApplesIt is also increasing its independent R&D and production, hoping to reduce the number of external productsChaindependence. This means:FoxconnThere may be more challenges and competition in the future.
However,FoxconnThe prospects are not without hope. As the world's largest electronOEMEnterprise. FoxconnIt has abundant manufacturing andChainExperience, with the ability to meet challenges. In addition,FoxconnThe success achieved in the mainland market cannot be ignored, and the mainland market is still one of the largest consumer markets in the world, with great potential and opportunities. InTerry Gouunder the leadership,FoxconnCan continue to take root in the mainland market, taking advantage of its strong manufacturing andChainadvantages, to achieve better development and growth. At the same time,FoxconnIt can also further optimize its own technology and quality control, improve the yield and process level to meetApplesand other customer needs.
In short,FoxconnFacedMarket competitionlimitations and choices, thoughTerry Gouof the clever andFoxconnenables it to meet challenges and find new opportunities and prospects. Despite the difficulties in the Indian market, the mainland market remainsFoxconnAn important foundation for support and development. FoxconnIt is possible to continue to increase the market in the mainlandInvestmentsand expansion, while increasing the capacity and quality level of the Indian factory to gain more market share and orders. In this way,FoxconnIt is expected to succeed in both markets and achieve sustainable growth.