The Indian consortium then targeted another OEM, and Foxconn watched as it lingered

Mondo Technology Updated on 2024-02-15

The Tata Consortium joined hands with Pegatron to becomeOEMThe news of the business has attracted widespread attention. However, this is not the first time that a business has been annexed by Tata. Looking back, Tata used to enter India in the name of working with WistronOEMmarket, however, the end result was a heavy blow to Wistron. After Wistron entered India, it not only faced the problem of worker stoppage, but also was coveted by Tata. Although Tata once became the darling of ** and the outside world through the cooperation with Wistron, in essence, it did not really provide much help to Wistron. Eventually, after Tata acquired Wistron's factory at a low price, Wistron was forced to withdraw from the Indian market. This contact with Pegatron seems to be a gesture of cooperation, but it still raises doubts about Tata's true intentions. Tata shouted that he wanted to become India's largestiphoneOEMThe slogan of the factory, this is not groundless. Since Tata has such a strong local influence, it is likely that it will eventually annex Pegatron. FoxconnAs another company to enter the Indian marketOEMbusiness, will definitely be frightened by this.

FoxconnEntered the Indian marketInvestmentsIt's not going well. After Wistron was acquired,Foxconnhas begun to slow down in IndiaInvestmentsPace. Not only did it cancel the plan to build a chip factory in a joint venture with India's Vedanta, but it also reduced the number of employees at the Indian factory from 70,000 to 50,000. India has always been known for its means of dealing with foreign companies, which makes itFoxconnI felt worried. In fact, India has taken a series of measures against Chinese mobile phone companies in recent years, resulting in the cancellation of more than 1,700 foreign-funded enterprises registered in India, accounting for about one-third of India's foreign-funded enterprises, further deepening the image of India's foreign-funded cemeteries. FoxconnofInvestmentsReduction and prudence, as well as other American businesses to IndiaInvestmentsThe decline in confidence speaks to their attitude towards IndiaInvestmentsEnvironmental taboos.

Despite the news that the Tata consortium is working with Pegatron, it does not meanFoxconnThe outlook has become bleak. Compared to Wistron,FoxconnStill owned in Chinese mainlandOEMplant, which makesFoxconnIn the face of the Indian market risk, it has the confidence and the way back. At the same time,FoxconnAs the world's largest electronic manufacturing service provider, it has strong manufacturing capabilities and technical strength, which is alsoFoxconnInOEMThe main advantages that distinguish it from other competitors in the market. Facing the challenges of the Indian market,FoxconnPerhaps there will be an option to moderately reduce in IndiaInvestments, which in turn increases in other regionsInvestments。After all, in the international market,FoxconnofOEMThe business far exceeds the Indian market.

from the Indian market pairOEMJudging from the merger behavior, the Tata consortium may be motivated not only to cooperate or help, but more to achieve its own interests. Although the example with Wistron has given to all those entering the Indian marketOEMThe factory sounded the alarm, but it still couldn't hide itFoxconnStruggling in the face of the Indian market. I don't think the invisible pressure behind the Tata consortium has not gone away, butFoxconnIn order to gain a foothold in the Indian market, in addition to having stable market channels and policy support, it is also necessary to clarify its own development direction and market positioning. Globally,OEMThe market is not just an option for IndiaFoxconnThrough a diversification strategy, we can continue to expand our presence in other countries and increase our technology R&D and innovationInvestmentsto maintain a dominant position in the industry. Despite the attractiveness of the Indian market, when faced with competition and risks,FoxconnOne should keep a cool head, weigh the pros and cons, and make an informed decision. Only on the premise of not having too much market risk can we improve the probability of long-term competitiveness and sustainable development. GloballyOEMIn the competition of the market, it is necessary not only to pay attention to the market size and cost, but also to consider the sustainability and innovation ability of the market. The most important thing is that in a market economy, enterprises should follow the principle of fair competition, rather than pursuing their own interests by means of annexation. Only in a fair and competitive market environment can we stimulate the creativity and vitality of enterprises and promote the sustainable development of the entire industrial chain.

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