Terry Gou counterattacked, Foxconn made a major decision, where did hundreds of thousands of workers go?
Since ancient times, the United States has been the master of the world, and the United States not only wants to be the number one in the world, but also wants China to continue to work hard for the United States, and can only earn a small salary. Apple and Foxconn are typical of this. In the world mobile phone market, Apple accounts for 85% of the profits, but at the same time, it is constantly squeezing employees from local foundries, so that their salaries for 12 hours a day are only six or seven thousand yuan.
For example, Qualcomm vs. Xiaomi, Xiaomi's hardware gross profit is at 39%, but in areas that use Qualcomm technology, to sell a mobile phone, you have to pay 5% of the patent royalty to Qualcomm, while Snapdragon 8Gen3 costs about 160 yuan, equivalent to 1150 yuan. In other words, the money earned by Qualcomm is almost equal to all the fees paid by Qualcomm to domestic mobile phone manufacturers, so Qualcomm will frequently ask domestic mobile phone manufacturers to take out this platform!
Huawei, first, it is not the real estate industry, second, it is not an American salaryman, but Huawei, it wants to surpass the United States in the field of high technology, which is why the United States is blocking Huawei!
After Huawei is suppressed, Apple will certainly not sit idly by, because China is its largest production base and the largest foundry in the world, and if China also counters it, then it will be difficult for Apple to protect itself. So, for years, Apple has been working with Foxconn"Night Run"Now, because India has cheap labor and a large market, Apple has been urging Foxconn to move its production capacity to India.
At the beginning, in order to promote economic development, we gave Foxconn a large number of preferential policies such as taxes and fees, land, etc., and now we let you go? So, in early October, Foxconn received quick attention, and the issues clearly revolved around taxes and land.
The results of the investigation were not long in coming, and a Foxconn subsidiary was fined 20,000 yuan for an error in its tax accounting. 20,000 yuan, for ordinary people, Foxconn is nothing, what's going on?
In fact, this is just a game, a fine of 20,000 yuan, the number of Foxconn, the amount, and the degree of violation are clearly written, and it is clearly a warning to Foxconn: The investigation team has the right to find out all illegal facts, if Guo Taiming insists on going his own way, how much tax will Foxconn evade in the future? What is illegal land occupation? How much do you have to lose? I think Guo Taiming has a number in his heart, and he should think twice!
Surprisingly, Terry Gou was completely enraged by Gou's anger, and instead of feeling remorse for his actions, on the contrary, he launched a series of responses to the investigation! Within days of the discovery, some of Foxconn's employees were suddenly forced to work eight hours and asked to have "two days off." Don't forget, last October was the busiest time of the year for Foxconn, and Foxconn has been constantly recruiting people to ensure the production of iPhones. Because they all know that in such a factory, if they don't work overtime, the basic salary is only 3,500, and the basic salary is difficult to maintain, so Foxconn's move is obviously to retaliate against the investigation team and force them to resign, so as to adjust the scale of production.
Some time ago, the number of Foxconn's mainland workers had dropped to less than 800,000. If you count 120,000 employees, that would cause 400,000 people to lose their jobs! Gou, on the other hand, is eager to invest more in India; There will be a capital investment of 10 billion yuan in November 2023 and 12 billion yuan in December 2023. Foxconn also signed a 37.2 million yuan agreement with HCL, a large Indian company, some time ago for semiconductor packaging and testing in India. Has Terry Gou forgotten that he has invested huge sums of money in chip manufacturing in India, and all of this is based on India's Vedanta company. This guy really doesn't have a long memory!
In addition, Apple also issued an order to Foxconn"Dead order", which calls for an increase in the Indian market share to 20 to 25 per cent by 2024, is undoubtedly required"Add fuel to the fire"。At the same time, Apple has also asked the Indian factory to not push the iPhone 17 until 2024"New product introduction"of the stage. "New product introduction" is an important part of the manufacturing process, which puts forward high requirements for the capabilities of foundries, so Apple's intention is very clear, which is to encourage Foxconn to increase the production capacity of its Indian factory as soon as possible, so as to completely break away from the Chinese market!
What's even funnier is that Foxconn tried its best, but it couldn't avoid being snatched up by other foundries. According to the iPhone 15 order issuance, Apple intends to hand over Foxconn's orders to Luxshare and Pegatron, so as to make Foxconn feel a trace of crisis, so as to force Foxconn to comply, if Foxconn does not obey, then Apple will replace them!
Don't cry if you don't see the coffin, we don't have anything to hide from Foxconn, and ask the relevant authorities to thoroughly investigate Foxconn's violation of the regulations and severely punish its illegal behavior! What do you think of Foxconn's approach?