SinceFoxconnGloballyElectronicsSince the manufacturing field, its large production base and strong manufacturing capacity have made it the world's firstElectronicsFoundry. However,FoxconnNot satisfied with the current achievements, after seeing the huge potential of the Indian marketTerry GouThe action beganFoxconnA decision was also made. This decision involves the future of hundreds of thousands of workers, who will be faced with a choice of what to do.
ExpandTerry GouAs a businessman, he always adheres to the principle of maximizing profitsFoxconnAs a familyLabor-intensiveEnterprises, in any place to set up a factory can pull hugeIndustrial Economyvalue, and provide solutions to local employment problems. FoxconnIt is hoped that by laying out the manufacturing industry in India, using its rich experience and technological advantages, it will provide high-quality products and competitive products, so as to gain an advantage in the Indian market. India** is also rightFoxconnSupport such as land and tax incentives was provided, which made the cooperation very smooth. FoxconnThe establishment of factories and production lines in India is mainly to meet the low-end consumption in the Indian marketElectronicsproduct demand, and plans to build an assembly line in Bangalore to start assemblyiphoneand other products. In addition,FoxconnIn addition, in cooperation with the Indian conglomerate HCL, a joint venture was established in India and carried outSemiconductorsPackaging and testing business. These initiatives show that:FoxconnIt aims to further improve its competitiveness and position in the Indian market through the layout of the Indian market.
Foxconn's layout in India mainly involves two aspects: low-end manufacturing and high-endSemiconductorsFabricate. FoxconnIt is hoped that by setting up factories and production lines in India, it will meet the low-end consumption in the Indian marketElectronicsThe demand for the product. At the same time,FoxconnIt also cooperated with the Indian conglomerate HCL to establish a joint venture and carry outSemiconductorsPackaging and testing business. These initiatives will helpFoxconnDominant position in the Indian market.
1.Low-end manufacturing layout:FoxconnThe plan to set up factories and production lines in India is mainly to meet the low-end consumption in the Indian marketElectronicsThe demand for the product. As a developing country, India has a large population base and a growing middle-class consumer baseElectronicsThe demand for products is constantly increasing. FoxconnConstruction of an assembly line in India, start of assemblyiphoneand other products to meet the demand for products such as smartphones in the Indian market. This will be strengthenedFoxconnCompetitiveness in the Indian market, increase market share and profitability.
2.High-endSemiconductorsManufacturing layout: In order to further enhance the competitiveness and position in the Indian marketFoxconnPartnered with HCL, an Indian conglomerate, to establish a joint venture in IndiaSemiconductorsPackaging and testing business. SemiconductorsIt's modernElectronicsThe core component of the product has a very high technical threshold and market demand. FoxconnofInvestmentsIt will help India to develop and upgrade technical talentsSemiconductorsmanufacturing level, further driving India'sTechnologyIndustrial development.
ExpandFoxconnThe layout of low-end manufacturing in India will help meet the low-end consumption of the Indian marketElectronicsThe demand for the product. As a developing country, India has huge consumption potential, especially the rise of the middle class, which has further boosted consumptionElectronicsProduct market. FoxconnSet up a factory and production line in India and start assemblyiphoneand other products, which will be able to better meet the demand of Indian consumers for products such as smartphones and increase market share in India. FoxconnAt the high end of IndiaSemiconductorsThe manufacturing layout shows that it is strategically optimistic about the Indian market. SemiconductorsAs modernElectronicsOne of the core components of the product, it has a huge market demand and technical threshold. Through a partnership with the Indian conglomerate HCL,FoxconnIt will help India developSemiconductorsAssembly and test business to facilitate India'sTechnologyIndustrial development.
FoxconnIt was decided to lay out the manufacturing industry in India at the same timeFoxconnAs a familyLabor-intensiveCompanies, their departure or adjustment of production capacity will have an impact on workers. For hundreds of thousands of workers,FoxconnThe decision in India implies a choice of what to do.
ExpandFoxconnAs a familyBusinesscompany, whose goal is to pursue profit maximization. However,FoxconnThe departure could lead to a large number of workers losing their jobs, which will be a huge challenge for them. FoxconnIt has a huge production base in the mainland andChainnetwork, attracting many multinational enterprisesInvestmentsand has become globalElectronicsOne of the leaders in the manufacturing industry. Even ifFoxconnDecided to lay out manufacturing in India, Chinese mainland still has the world's largest manufacturing base andChainInternet. China** has been committed to building a goodInvestmentsenvironment, and attract and support foreign-funded enterprises through a series of policy measures. It is believed that Chinese mainland can attract more multinational enterprisesInvestments, filledFoxconnVacancies that may arise after leaving. In addition, China also has top foundries, such as Luxshare Precision. Lixun Precision has become second only toFoxconnof the second largestiphoneFoundry, and in the enlargement of the factoryInvestmentsconstruction to provide more employment opportunities for the local area. So, no matter whatFoxconnWhatever decision is made, Chinese mainland has the ability to fill the vacancies that may arise and create more jobs for workers.
FoxconnThe decision to set up manufacturing in India has sparked a lot of discussion about where workers should go. However, no matter whatFoxconnChoosing where to lay out, we should all be aware that it isBusinessThe company's decision to maximize profits is not for individual workers. FoxconnLeaving could result in workers losing jobs, but Chinese mainland, as the world's largest manufacturing base, still has the ability to attract moreInvestmentsand the creation of more jobs. At the same time, there are also top foundries in China, which are competitive and can fill possible vacancies. We should pay attention to the policies and measures of Chinese mainland** to provide better for multinational enterprisesInvestmentsenvironment, providing more employment opportunities for workers. In addition, we should also encourage local enterprises to continuously improve their technology and capabilities to become leaders in international competition. FaceFoxconnWorkers should maintain a positive attitude towards decision-making, look for new employment opportunities, and upgrade their skills and abilities to cope with market changes and competitive challenges. Finally,FoxconnAs a familyBusinessThe company's decision-making should be carried out on the basis of legal compliance, and we should treat it rationally, and constantly improve and optimize our employment environment to create better development opportunities.