Foxconn lost the bet? Gou didn't expect the reversal to come so quickly
We all know that since the reform and opening up, many enterprises have got a good opportunity for development, Gree, Haier, Midea, TCL, now are the leading bosses in the home appliance industry, Wanda, Vanke, ZTE, these have now become the giants of the city, Huawei, Xiaomi, ZTE, these high-tech companies, have entered the ranks of the world's top 500, began to develop rapidly!
Among them, Foxconn is one of the best. Foxconn is just an ordinary foundry electronics factory founded by Terry Gou in Shenzhen in 1974, although its foundry business is doing very well and the yield rate is also very high, but its development has not been smooth. However, since getting Apple's iPhone orders, Foxconn has risen rapidly, and in just a few years, it has established dozens of factories in the mainland, with a market value of more than $400 billion at its peak, employing 1.2 million employees, and becoming the world's largest foundry in one fell swoop. Trick of the trade!
Foxconn has closed several factories in India.
However, with the continuous increase of assets, Guo Taiming is also groping, he does not cherish the reform and opening up"Bonus", but gave the credit to Apple, which is why he has been pressing Apple for so many years, after Huawei was sanctioned, Foxconn immediately terminated its cooperation with Huawei, and then Cook started"Off-site production capacity"plan, Foxconn also actively cooperated, and in recent years, it has invested a lot of money. Go to India to build a factory so as not to lose a lot. Since Cook proposed"Relocation of production capacity"After the plan, Foxconn is more cooperative, some time ago, Guo Taiming did not hesitate to lose billions of yuan, but also to open a factory in India, the reason is very simple, one is to win more orders, and the other is to share the dividends of India's population.
Foxconn also announced an important decision last year: to move its production capacity from Chinese mainland to India in the next three years and build a factory with more than 70,000 people in India to open the Indian market as soon as possible. Not long ago, Foxconn announced that it would build a new factory in India, and at the same time, Foxconn also closed two factories in Chongqing and Guizhou, and closed 20 factories in the mainland, laying off more than 320,000 employees"Prospects"Bet! But Terry Gou should not daydream, the factory in India has not yet been on the road, and it has already been hit"Sanctions"！
Apples"Cancellation"orders, the Indian "Tata" pursued them relentlessly.
First of all, in the past two years, Foxconn has been building factories in India, and even transferred the production capacity of the factory to China, but it has not been able to get more orders, and it has even been taken by Cook"Cut orders"According to reports, Cook took 27% of the orders from Lucent Precision and Asus Technology, and in the quality of the iPhone 15, it was even more put"Black pot"Pushed on Foxconn. Clearly, Cook didn't think of Foxconn as"own people"To look at it, in line with the principle of "eggs cannot be put in a basket", the current Foxconn has been approved by Apple"Marginalization"Once it loses its use value, it will be ruthlessly discarded!
Secondly, India is not optimistic about Foxconn to set up a factory in India, because Modi is more inclined to build factories for Intel, Micron, NVIDIA and other semiconductor companies that have mastered the core technology, so as to drive the development and upgrading of the local industrial chain, but Foxconn is only a foundry, therefore, Foxconn's plan to cooperate with India's Tata Group to build a semiconductor factory has always been blocked by India, and finally Foxconn has to sell its assets. Retirement.
What's even more worrying is that after Wistron, Tata Group officially announced its entry into the electronics foundry industry, poached a number of executives from Foxconn, and said that it would accelerate its entry into India's largest company"Fruit chain", that is, to replace Foxconn and replace Apple's position in the global industrial chain.
Foxconn"Lose"In this gamble, the market value evaporated by 900 billion yuan.
With the Indian market approaching step by step, Foxconn is in a dilemma, after all, its reputation in China has fallen to the bottom, Langke Precision and BYD are constantly being overtaken, and Guo Taiming is most worried that Huawei may hand over the order of mobile phones to it, watching the orders of O-film, Lens Technology, Goertek Acoustics and other companies! Foxconn's market value has now shrunk by 29 billion yuan, and we must admit that Foxconn is in this time"Capacity replacement"Medium"The bet was lost"！
As the so-called endless road, Guo Taiming, who has always been optimistic about Foxconn's reform, opening up the mainland market, and his performance some time ago, has repeatedly emphasized that Foxconn is helping us by building a factory in the mainland, and actively cooperating with Apple's production capacity transfer, which is the so-called charcoal in the snow! In response to the saying: "Don't forget to dig a well"! Despite this, we still hope that Terry Gou can recognize the reality and reflect on the final dilemma, otherwise Foxconn's future is really a bottomless pit! Recognize your own kind!