Some people believe that Foxconn's achievements today are due to Gou's "discerning eyes". Since he found Apple, a major customer, the company has maintained its position in the world's top 500 for more than ten years, and at its peak, it even compared Huawei to Huawei. However, more people attribute the rise of Foxconn to the mainland's "talent advantage" and "talent advantage." Without the mainland's preferential tax treatment, land resources, and talents, it may be difficult for Foxconn to get Apple's favor.
With the continuous development and influence of Apple's business, Guo Taiming's identity and power are also constantly improving, not only profitable, but also speculation capital, personality is becoming more and more arrogant, in the face of **, frequently issued such as Foxconn for the mainland's wedding dress", "Apple's withdrawal from China will lead to the bankruptcy of a large number of Chinese companies" and other "shocking remarks".
Our country's market is free and open, and it's very inclusive, and we don't care too much about Gou's speech at the press conference, and we have put in place swift management measures to help Foxconn through this crisis when the pandemic spreads to Foxconn. But how does Terry Gou give back to the mainland?
After the outbreak of the high-tech war between China and the West, Foxconn suspended the OEM business of a company in order to curry favor with the United States, but fortunately BYD was able to "survive"; Following Apple's announcement of the "capacity relocation", Foxconn followed suit with a big push into India, and also intends to increase the number of employees in India to 200,000, with a clear purpose: to move the "manufacturing center" to India. Gou did this on the one hand to curry favor with Apple and get more orders, and on the other hand, he could also take advantage of India's demographic advantage to earn more profits.
Foxconn suffered a setback in India.
Unfortunately, it is difficult for India to imitate or even replace China's "manufacturing", weak infrastructure, weak chain, lack of core technology, not only hindered the development of Foxconn, but also the quality of workers is far inferior to the mainland, strikes, factory fires, low yield rate and a series of problems, making India miserable.
After Foxconn went to India, not only did none of them eat all of Apple's orders, but even Apple's 27% of the orders were cut, of which Pegatron Technology and Luxshare Precision occupied the iPhone 15 orders. Later, due to the withdrawal from India due to low prices and low profits, Foxconn was "encircled and suppressed" by Tata, India's largest company, and Foxconn fell into an embarrassing situation of delisting.
India's high, mid, and low-end industries have all been transferred to India.
Just when Foxconn was undecided and depressed, India** was carving a huge cake for it!
Liu Yangwei, president of Foxconn, was awarded the "Lotus Medal" at the "2014" Indian "Lotus Medal", which is India's highest national award, and he also became the second Chinese.
India awarded the award to demonstrate India's ambitions for the development of the electronics industry, while also encouraging Foxconn to invest more in India. On the other hand, it sends a strong message to our country as an alternative to "Made in China".
Winning this award will give India more aid, so not long ago, Foxconn made a major decision to build a new factory in India to increase the production of iPhones in India. According to Ming-Chi Kuo, the company's market share in India will rise to 20%-25% this year, and Apple intends to launch the standard version of the iPhone 17 in India in the second half of 2024, a move that also shows that the company has seen India as a major manufacturing hub for iPhones.
In addition, Foxconn has also made a major decision to invest $37.2 million to build a chip assembly and test base in India together with the Indian company HCL. This means that Foxconn will move all its factories, from the lowest, the most advanced, the most advanced, the most advanced, the most advanced.
Regarding this point, some foreign ** joked: Guo Taiming is making a wedding dress for the mainland!
**10,000 Fans Incentive Plan
Some may be concerned that Foxconn, which is determined to shift its focus to India, will have an impact on manufacturing and jobs in the mainland. In fact, the mainland has long been rid of its dependence on Foxconn, and it is very likely that it will suffer a big loss for this.
First of all, due to the relocation of Foxconn, domestic mobile phone manufacturers such as Huami OV were forced to supply to BYD and Luxshare Precision in the mainland, coupled with the support of local companies such as Luxshare Precision and Pegatron, Foxconn's position as a "leader" was gradually marginalized.
Secondly, China's manufacturing industry is moving from low to high, wanting to get rid of the name of "world factory", and new energy vehicles are also a good "growth point", because the sales of new energy vehicles are very large.
Moreover, it is not unreasonable for India to be called a "foreign capital graveyard", Google, Amazon, Huawei, Xiaomi, OPPO, have all suffered big losses, and the fact that India has been "harvested" is also fresh in people's memories, and the fate of Foxconn in India is really unpredictable!
But even if Foxconn returns to the mainland after its defeat in India, it is unlikely that it will want to return to the top or regain a position. Like it if you agree with it, and share it so that more people who have the same idea will know.