Don t want to build a factory in India? Foxconn announced an important decision, and foreign media T

Mondo Technology Updated on 2024-02-01

FoxconnIt has been developing and growing in mainland China and has become a million-level employee. However, in recent years,FoxconnBut it began to set its sights on the Indian market, increasing in IndiaInvestments。People are starting to speculate about this changeFoxconnIs it really going to leave the mainland market?

At this critical juncture,FoxconnThe news came of an important decision: no more factories in India. This decision surprised people, and foreign media also praised itFoxconnFounderTerry Goufor "clever" or "cunning". It turned out that at the same time,FoxconnIt has increased its layout in the Chinese mainland market. This decision once again shows that the Chinese mainland market is very interested inFoxconnis crucial.

FoxconnThe decision was not limited to setting up a store in ZhengzhouNew energyCarsThe company has a registered capital of 500 million yuan. The Company's business scope includes:CarsParts and accessories manufacturing, motor manufacturing, etc., covered:Carsmost of the business in the field. In addition to that,FoxconnThe company also plans to expand the Hengyang plant for productioniphoneMobile phone widgets. It can be said thatFoxconnIt is acting frequently in the mainland market, showing the importance of this market.

However,Foxconnand did not completely abandon the Indian marketInvestments。According to reports,FoxconnIn the announcement of the increase in the Chinese mainland marketInvestmentsAfter planning, tooInvestments$47.2 million in India in cooperation with HCL to establish a joint venture plant for:SemiconductorsClosed beta. This move shows:FoxconnThe idea of building a factory in India was not dispelled, but it was moving in both markets at the same time.

Terry Gou's decision sparked praise from foreign media, calling him "smart" or "cunning". In fact,FoxconnThe action shows that they do not want to give up on any market. At the beginningTerry GouIt has been said that if threatened, it can leave the mainland at any time. Today, however, the situation is very differentFoxconnObviously, he attaches great importance to the Chinese mainland market and does not want to lose this market. At the same time, positive ones are also shown in the Indian marketInvestmentsAttitude.

However,FoxconnIt's not a fuel-efficient lamp either. Although they expressed their willingness to operate in compliance, they were found to have tax problems by the Chinese mainland tax authorities and fined 20,000 yuan. Although this problem is not big, it is also exposedFoxconnNot so loyal and honest business. FoxconnThere is nothing wrong with wanting to make profits in both the Chinese mainland and Indian markets. But they need to understand that since they have the support of the Chinese mainland market, they should not act to harm the interests of the Chinese mainland market.

In summary,FoxconnMade in Chinese mainland to increaseInvestmentsAt the same time, it continues to be made in the Indian marketInvestments。This decision shows:FoxconnWe value both markets and want to be able to succeed in both. However,FoxconnIt is also necessary to understand that while pursuing profits, the interests of any one market cannot be harmed. Only in this way can we maintain a good cooperative relationship and achieve a win-win situation.

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