Apple eats and smashes the pot, Foxconn swears to follow, and foreign media say that ginger is still old and spicy
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Abstract: Apple turned on the "eat and smash the pot" mode, Foxconn vowed not to give up, foreign **: Sure enough, no one is perfect.
In recent years, various changes around the world have put Foxconn and Apple in a very awkward position. Foxconn is Apple's exclusive OEM company, and it was once glorified because of Apple's victory, so Apple proposed to enter India, and Foxconn also followed desperately. However, due to Apple's declining market share and the uncertain future of India, the growth of Apple and Foxconn has been greatly tested. However, Foxconn has recently made a series of major decisions, which may give it a development, and even a foreign ** commented: "Sure enough, people can't look good!" ”
1. Foxconn and Apple: the glory of the past and the dilemma of today.
The cooperation between Foxconn and Apple began in the late 90s of the 20th century. Since then, Foxconn has become an important supplier to Apple, contract manufacturing for its iPhone, iPad and other products. Apple's rapid growth in Chinese mainland has benefited Foxconn, which was once the world's largest manufacturer of electrical appliances; Apple and Foxconn have made a big profit in Chinese mainland, no one expected that they were also "eating and smashing pots", since our Huawei was hit, they planned to enter India, Foxconn is even more desperate to follow them!
However, in recent years, Foxconn and Apple's share in the mainland has been declining, and India's economic outlook is uncertain, and both companies have performed poorly. According to research firm IDC, the iPhone is down 4% year-on-year in 2023, despite being the world's best-selling phone. At the same time, Foxconn's investment in India has not achieved its desired results. Foxconn is said to have invested more than $30 billion in India, but its domestic business is not doing as well as it hoped.
2. Foxconn's new decision-making: differentiated management and self-rescue.
In order to seek a new direction of development, Foxconn recently announced a number of major decisions.
First, Foxconn intends to establish a new electric vehicle manufacturing enterprise in Zhengzhou, Henan Province, with manufacturing and assembly as its core. The move shows that Foxconn is vigorously developing a new energy vehicle business in order to compete for market share in the future.
In addition, in order to provide parts for the iPhone, Foxconn also plans to expand the production capacity in Hengyang. This move not only marks a deeper relationship between Foxconn and Apple, but also shows the world Foxconn's strong and competitive ability in production.
3. Foreign ** comments: I am older and more experienced.
Foreign countries have praised Foxconn's latest decision. According to foreign countries, Foxconn is good at adapting to the development of the market and constantly changing its strategy, reflecting its sophisticated entrepreneurial ability. In the face of difficulties, Foxconn did not take a passive response, on the contrary, actively looked for new opportunities. The company's spirit of innovation and challenge is admirable.
Fourth, summary. Despite adversity, Foxconn has embarked on a new path of growth through diversified planning and self-rescue. From its reliance on Apple to diversification, Foxconn has struggled with a changing market and finding new opportunities for growth. As for whether Foxconn will be able to return to its glory, it remains to be tested by time. However, for now, Foxconn does realize the importance of Chinese mainland and is adjusting its strategy to focus on the development of Chinese mainland, which is a great opportunity.