FoxconnAs the world's largest electronOEMOne of the factories has always relied on the Chinese market and China's labor advantages. However, in recent years, with the fierce competition between China and the United States in technology,FoxconnThe attitude has caused public criticism. Terry Gouinappropriate remarks as wellFoxconnRightHuaweiTerminationOEMService and other actions have aroused the indignation and grief of many Chinese people. In addition,FoxconnIt has also begun to fully invest in the Indian market, and plans to build a new factory in India, with an investment of about 25.8 billion yuan, and the total number of employees is expected to reach 200,000. In contrast,FoxconnIn the Chinese market, the company is gradually reducing its business scale and plans to withdraw about 300 billion yuan of production capacity by 2026. FoxconnThis decision not only raises concerns about the loss of jobs in China, but also raises questions about the loss of jobsManufacturing in ChinaDiscussion of future prospects.
AlthoughFoxconnThe departure is worrying, but in fact, there have been some new changes in the Chinese market, which forFoxconnThe departure offers some alternatives. For example, EbiYadiChina's new energy vehicle companies have risen rapidly, not only providing a large number of jobs in the Chinese market, but also achieving great success in the world. In addition, to:Luxshare PrecisionRepresented by domestic productionOEMVendors are also rapidly expanding their scale and are well positioned to fillFoxconnVacancies after leaving. For example,Luxshare PrecisionRecently, it acquired a stake in Pegatron's Kunshan plant for 2.1 billion yuan, becoming the second largest company in KunshanFoxconnof the second largestiphoneMobile phonesOEMFactory. So, thoughFoxconnwill have a certain impact on the Chinese job market, but the Chinese market does not depend on itFoxconn, but it has the potential to respond to such changes.
FoxconnThe decision will shift the focus to the Indian market, which gives India a chance to grow. However, the Indian market also faces some challenges. First of all, India's labor force is abundant and cheap, which is very importantFoxconnThe production is advantageous. However, the overall quality of the workforce in India is relatively low and the infrastructure is not perfect, which has a direct impactFoxconnproduction efficiency and product quality. Secondly, India is known as the "cemetery of foreign investment", which means that foreign companies may face many difficulties and uncertainties in the Indian market. toHuaweiXiaomiFor example, the experience of Chinese companies in the Indian market has encountered many obstacles and problems in their development in India. Therefore,FoxconnThere are still many uncertainties as to whether the development of the Indian market will live up to expectations.
Foxconn's departure has not only raised concerns about China's job market, but also raised concerns aboutManufacturing in ChinaThe future has raised some concerns. On the one hand,Manufacturing in ChinaIt is facing the pressure of domestic and foreign competition and transformation and upgrading. On the other hand, rising labor costs in China, combined with other factors, have led some manufacturing companies to choose to leave China and relocate production bases. However,Manufacturing in ChinaNot because of thatFoxconnof the departure and stagnation. On the contrary, China has made some progress in promoting the transformation and upgrading of the manufacturing industry, and still has strong manufacturing strength and potential. So, thoughFoxconnThe departure may have a certain impact on China's manufacturing industry, but China is still able to cope with this challenge and continue to promote industrial upgrading and maintain the global competitiveness of Chinese manufacturing.
Foxconn's departure has caused widespread discussion and attention. AsManufacturing in ChinaOne of the representatives,FoxconnThe decision has undoubtedly had a certain impact on China's job market. However, there have been some new changes and opportunities in the Chinese market, such as new energy vehicles and domestic productionOEMThe rise of manufacturers. ForFoxconnWhile the Indian market is attractive, it faces many challenges, such as a low-quality workforce and inadequate infrastructure. In addition,Manufacturing in ChinaThe future development is full of opportunities and challenges, and the key lies in how to promote industrial upgrading and maintain global competitiveness. With China's huge market and solid manufacturing base, believeManufacturing in ChinaStill able to shine on the global stage.