The high and low ends are all out! Foxconn officially announced that Terry Gou will no longer provide opportunities to enjoy meals!
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Introduction: High-end, low-grade, you name it! Foxconn officially appointed Terry Gou as "stop the reward for grain".
With the rapid development of the high-tech industry, Foxconn, the former OEM giant, is also facing a fundamental change in its market structure. Some time ago, Foxconn announced that it would increase its investment in the Indian market, so that the attention of the entire industry was focused on Foxconn's global strategy. Foxconn is a company that started and grew up in Chinese mainland, officially announcing the end of high-end and low-end! Terry Gou: What if there were no incentives?
Foxconn's growth is a sign of the rise of China's manufacturing industry. Benefiting from the advantages of large Chinese and low costs, Gou founded Foxconn, such as Shenzhen, which later developed into the world's largest electronics manufacturing provider. However, in recent years, as Huawei has been cracked down on in China, Apple has begun to seek to enter the Indian market, following Foxconn. India has a large population and huge potential in the consumer market, which is a natural piece of fat for Foxconn.
Foxconn plans to expand the Indian market, not only in the production of mobile** and other consumer products, but also in the field of semiconductor manufacturing. Foxconn has invested $25.8 billion in India, and more than 40,000 employees work in the country. Under the plan, Foxconn will increase the number of employees in India to 16,000 over the next three years and produce 20 million units annually in India. Foxconn clearly wants to turn India into a second Chinese market. India has also launched a $10 billion stimulus package to stimulate semiconductor production. Foxconn is also actively building chip manufacturing plants in India, Foxconn can be said to be playing both high-end and low-end to the end, Terry Gou: Don't give face to the mainland!
Foxconn's decision has also left some worried about whether it has been"Waiver"to the mainland market. After all, Chinese mainland remains an important manufacturing and sales market for Foxconn. In a sense, Foxconn's move can be seen as a strategic move to adapt to the market and optimize its global layout. For Chinese mainland, this move also means further thinking about how to attract and retain more high-tech and service industries, while realizing the transformation and upgrading of the manufacturing industry.
On the other hand, it also reminded other countries, including Chinese mainland, to strengthen domestic market building and strengthen innovation capacity building. In the context of globalization, if a country or a region wants to develop and grow, it is far from enough to rely on external markets and resources alone. If an enterprise wants to gain the right to speak in international competition, it must continue to innovate and constantly improve its internal mechanism.
Of course, for Chinese mainland, Foxconn's decision does not mean that it will lose all opportunities. This is also an incentive, as are companies like BYD and Lucent Precision that have already succeeded in the foundry field. At the same time, Chinese mainland is also vigorously promoting the transformation, upgrading and innovation of the manufacturing industry, and increasing support and preferential treatment for local enterprises. Therefore, we have every reason to believe that the Chinese mainland market will continue to retain its charm and vitality and become the preferred place for international companies looking to invest.
For Foxconn, it is very difficult to increase investment in the Indian market and integrate it into the Indian market.
This is both an opportunity and a challenge for Chinese mainland. In the face of global competition, we must actively seize the opportunity, accelerate industrial upgrading, continue to innovate, and consolidate our position in the world economy. In the future, the relationship between Foxconn and the Chinese market remains uncertain. But in any case, we must strengthen the development of local companies!