FoxconnAs the world's largest electronics assembly company, it has always relied onApplesThis is a big customer. However, withHuaweiThe rapid rise in the field of 5G,ApplesIt is also beginning to face the pressure of sanctions. In order to reduce risks and costs,ApplesIt was decided to turn its attention to the Indian market. India's rapid population growth, relatively low labor costs, and huge market potential attractApplesgaze. FoxconnBe responsiveApplesThe call to actionInvestmentsThe company plans to transfer about $300 billion of production capacity to India over three years. However,FoxconnIn India, problems such as poor staff quality and poor supporting facilities were encountered, which led to the inability of the factory to operate normally, and even received returns from the European market. FoxconnOriginally intended to be held tightlyApplesthighs to continue earning orders, thoughApplesbut chose to put 27%.iphone15 orders were distributedLuxshare Precisionand other manufacturers, this pairFoxconnIt's a blow.
FoxconnFaced with a dilemma. InTerry GouWhen hesitating, India officially announced to giveFoxconnThe Order of the Lotus of the Second Class was awarded, which seemed to be a retentionFoxconnand to see if they are willing to continue in IndiaInvestmentsFoxconnFeeling recognized by India, we decided to continue to add additional plants to the Indian plantInvestments。This means:FoxconnTo transfer a large amount of production capacity from the mainland to India, this is undoubtedly a huge impact on the mainland market. However,FoxconnThe image of the mainland market has been greatly damaged, the scale of employees has declined, the market value has fallen below 300 billion, and the revenue has fallen by 209%。At the same time,Luxshare Precision, BYD and other mainland enterprises have risen rapidlyFoxconnIt is gradually being replaced. Foreign media believe thatFoxconnThe opportunity to turn back has been lost, and its active out-migration has led to a loss of trust in the market.
FoxconnIn terms of exploring other businessesInvestmentsA huge amount of money is hoped to be given in the field of automobilesApplesOEMApplesIt was originally planned to build something similar toiphoneThe applecar chain of the chain. However, the core components in the field of electric vehicles are basically controlled by Chinese companies, resulting inApplesYou can only opt out of the car project. This givesFoxconn's car dream has been overshadowed, and the money invested has almost been lost. FoxconnThere was a chance to passOEMApplesThe car is rising again, thoughApplesThe decision to letTerry GouUnexpected. FoxconnThe opportunity to turn back has been lost and can no longer be relied uponApplesto get a new order.
FoxconnThe defeat gives us food for thought. On the road of enterprise development, it is very dangerous to rely too much on a certain large customer, once the customer is transferred or encounters difficulties, the enterprise may fall into passivity. FoxconnRightApplesThe dependence is too deep, leading to out-migration andInvestmentsAfter failing, there is no turning back. This provides a warning to other companies: don't just focus on immediate profits, and ignore their own development and the cultivation of independent ability. FoxconnToo much sought afterApples, but also neglected the development of close ties and diversity with other partners. Enterprises should have their own core competitiveness, not only rely on a large customer, but continue to innovate, improve their technical capabilities and product quality, and open up more markets and business areas. Only in this way can enterprises develop steadily in the competition in the market and not fall into trouble because of the loss of a certain customer.