"Foxconn no longer gives employees "food to eat"! "！
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Thanks to the opening up of the Chinese market, Foxconn quickly became a contract manufacturing giant. At the same time, the huge Chinese market has also attracted Apple, and Foxconn has worked seamlessly with Apple to entrust Apple with OEM production.
Over time, Foxconn founder Terry Gou became arrogant, claiming that opening a factory in Chinese mainland was a contribution to the people of the mainland. But now, with Foxconn's frequent divestments in an increasingly Indianized industrial chain, Foxconn can no longer afford it"Treat the grain"Finish.
Indianization - Foxconn.
Foxconn Technology Group is a world-renowned Taiwanese electronics manufacturing service provider. Foxconn is one of the largest manufacturing bases in Chinese mainland. The Group currently has a number of factories in Chinese mainland, including Guangdong, Henan, Shandong and Chongqing.
Foxconn's factories in Chinese mainland produce a variety of electronics, including iPhones, iPads, and other world-famous Apple brands. There is no doubt that Foxconn is a major contributor to Chinese mainland's economy, employing millions of Chinese workers and playing a key role in China's manufacturing industry.
However, this is not the reason for Foxconn's expansion. Guo Taiming once said that building a factory in the mainland is to give the mainlanders face. I don't know if Terry Gou has thought that if there is no Chinese mainland, Foxconn will not have a chance"Treat the laborers"。Today, Foxconn is no longer a mainland worker'Enjoy the meal', but a plate of rice for Indians.
In recent years, Foxconn has also begun to move into India"Indianization", plans to establish production facilities in India, invest in production lines, increase the number of employees, and strengthen local R&D and innovation capabilities. Foxconn hopes to accelerate the development of India's manufacturing industry through investment and cooperation in India, so as to obtain more benefits.
In other words, Foxconn sees India as Chinese mainland's second-largest market, and if successful, its prospects are limitless.
Foxconn withdraws from China.
For several years, Foxconn has been trying to enter the Indian market and even made its global ambitions public some time ago. In 2018, Foxconn invested in an LCD factory in the United States, and the project ended in failure. And the audience for LCDs is much smaller than for OLEDs, which puts Foxconn's U.S. factories in a difficult position.
On the contrary, India has enough population, adequate policies, and Apple's consideration of the Indian market, which gives Foxconn a glimmer of hope. But the question is how Foxconn's move to Chinese mainland will affect it.
In the short term, since Foxconn is an important force in Chinese mainland, its departure will cause a large number of jobs to be lost and have an impact on the local labor market. In addition, Foxconn's withdrawal from Chinese mainland will also have a knock-on effect on the local economy, especially the industrial chain.
However, over time, these negative effects will fade away. As Huawei has created a first-class chain that is not lost to Apple, Huawei's smart consumer electronics products have been revitalized, and Huawei's first-class merchants have also grown significantly.
Even if Foxconn disappears, OEMs such as BYD and Lanke Precision will soon become self-reliant.
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