Can Foxconn win the honor in India?

Mondo Technology Updated on 2024-02-07

Can Foxconn win the honor in India?

According to news reports, Foxconn President Liu Yangwei was awarded the first "Lotus" medal by India**, which is the first civic honor he received. India** also specifically noted that Liu Yangwei was the only foreigner to receive the medal. It's clear that India is showing the world and Foxconn that it values Foxconn.

India's foreign ** analysis, Foxconn's investment in India, has always been a mess, which makes many people wonder if India is afraid that Foxconn will withdraw from the Indian market, which will affect India's investment environment, so it will do everything possible to keep Foxconn. I don't know if that's true or not, but now, India has put Foxconn at the height of the country.

So, some people believe that Foxconn can be proud in India.

Foxconn had proposed a $19.5 billion joint venture with an Indian company, but India** rejected its request for funding for various reasons. There are reports that Foxconn's partners are experiencing financial difficulties, and there are also reports that Foxconn has not obtained a license for chip technology from foreign companies, all in all, at that time, it was very difficult for Foxconn to get subsidies from India. Now, it's clear that India** is reluctant to let Foxconn go, which is good news for Foxconn.

However, even if he raises his eyebrows now, future variables are inevitable. Moreover, even if Foxconn wants to leave, it has to wear it"High hats"of glory.

First of all, Foxconn won the award, even though he invested a huge amount of money in India. For example, Foxconn planned to build a chip assembly and test plant with HCL in India in March last year. In November last year, Foxconn announced a plan to cost 1.6 billion yuan to put it into Apple's ** chain. It is clear that Foxconn has made a huge investment in India, whether out of consideration for Apple's ** chain or for its ambitions in the semiconductor industry.

India has already given us such a big face, and we certainly can't just leave it at that. After all, judging by Foxconn's sincerity, it will definitely not stop. Until then, he had been pouring more money into it, even if he wanted to leave, depending on the situation. After all, no one wants to waste the high-quality chain and investment accumulated over a long period of time. So today, domestic mobile phone manufacturers are feeling the pressure on very difficult days, and this is still a reason for a mass withdrawal.

Moreover, there is one more thing that must not be overlooked. In India, it can be seen from the celebration of this day that it is very beneficial for foreign companies to invest. It can be seen from this that Foxconn will get more in the short term"Benefits:", ring after ring, Foxconn can only lead India. However, an objective reality in India is that most companies will inevitably be investigated, fined, and taken action from start to finish.

But did Foxconn have enough space to operate at that time? That's why the writer said he was going to bring one"High caps", it is not easy to get out.

So, what message do you think India wants to send to the outside world? Welcome to leave a message, like, share!

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