"Foxconn India has poor results in building a factory, and the cost of miscalculation is high! "！
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For decades, Foxconn has been deeply entrenched in the Chinese mainland market and has become the world's largest foundry with 1 million employees.
However, Foxconn is not satisfied with this, Apple is also going to move the industrial chain to India, and this move is in line with Foxconn's appetite, in recent years, Foxconn's investment stock in India has become more and more intense. However, the effect of going to India to build a factory is not ideal, but what Guo Taiming didn't expect is that foreign media: Foxconn.
Foxconn's"Made in India"Dream.
Foxconn is a globally recognized provider of electronics manufacturing services and one of the world's largest electronics manufacturers. In recent years, Foxconn has been actively promoting the development of India's manufacturing industry to make its manufacturing dream a reality.
As a result, Foxconn plans to build a large-scale production facility in India, covering multiple electronics manufacturing sectors such as smartphones, computers, and electronic accessories, to meet local market demand and export needs.
Since November last year, Foxconn has repeatedly increased its investment in its Indian factory. Foxconn's intention to invest in advanced production lines and equipment, and introduce advanced production equipment and technology to improve production efficiency and product quality in India is very obvious.
If you think about it, Foxconn seems to have no reason to reject the Indian market, because India has a consumer market, a working population, and a major customer Apple to participate in the layout.
Coupled with India's support policies for the manufacturing industry, this will fully mobilize Foxconn's enthusiasm for building factories in India. If Foxconn can successfully make the Indian market a secondary market for Chinese mainland, it will be a win-win situation.
Foxconn understands this, not only manufacturing iPhones, but also acquiring a stake in India's semiconductor industry and establishing a joint venture with India's HCL Group to expand its chip packaging business. Whether the Indian market is attractive or not and whether it can grow steadily are two different things.
Foxconn miscalculated.
Under the conditions of entering the Indian market, due to the support of local policies and Apple's orders, it is believed that Foxconn will be able to rise to the challenge and make a lot of money. But in fact, Gou did not expect that building a factory in India would not bring the desired results, mainly because the competitive environment between India and the mainland has changed dramatically.
In the Indian market, India's Tata Group has also received iPhone OEM certification from Apple, and the Tata Group plans to become the largest iPhone manufacturer in India. This means that the Tata Group will take over a large number of iPhone orders from Foxconn and become a strong competitor to Foxconn.
In the mainland market, Huawei is reviving its consumer business. Smartphone and tablet sales are strong, and OEMs such as BYD, which works with Huawei, can benefit. In addition, as Huawei's mobile phone market share grows, Apple's iPhone's share will also decline.
At that time, Foxconn will lose a large number of orders from Apple. Whether in India or on the mainland, Foxconn faces a difficult competitive environment. Foreign media Foxconn miscalculated, and it is not easy to make a lot of money from the Apple Express Car ** chain.
In fact, Foxconn has a chance to avoid all this, as long as it cooperates with Huawei first, Huawei will see the clouds, and Foxconn should also see it, and now Foxconn also wants to regret it too late.
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