Speaking of Chinese technology companies, everyone will immediately think of Huawei, Xiaomi, Lenovo and other familiar companies, but in addition to these, there is actually a technology giant, which is Foxconn.
He is the foundry of Apple's mobile phone, and in the past few years, with the hot sales of Apple's mobile phone in the domestic market, Foxconn has made a lot of money.
Now, the global economic situation is grim, many countries are promoting deindustrialization, are vigorously promoting the industrial Internet.
This shows that Foxconn, which is dominated by traditional manufacturing industries, has entered a new stage, relying solely on human sea tactics, can no longer obtain excess returns, must rely on the power of science and technology, improve production efficiency, in order to achieve high-quality development.
In recent years, the domestic dividend has been eaten by Foxconn. Therefore, Foxconn concentrated its efforts on expanding overseas, hoping to expand its influence by building factories overseas.
But Foxconn's overseas plan is not as easy as he thought, directly losing 170 billion, let's take a look at what happened.
1. Build a factory in the United States
In the early years, Foxconn expected to receive subsidies from the US government and spend 10 billion yuan to build factories in the United States at all costs.
On the surface, the welfare given to the United States is to solve the employment problem of tens of thousands, and Lao Mei is also happy to agree that Foxconn has built a factory here.
But the good times did not last long, Foxconn's factory in the United States has not yet been built, and the smart old beauty only partially subsidizes it.
But what Foxconn thinks is that it can't let its 10 billion be lost in vain, so it barely maintains production, but although the factory is operating normally, it does not produce actual products, which directly leads to the direct stop of US subsidies.
In this way, Gou Taiming said that he was very unconvinced, but there was no way, he could only eat huanglian dumbly, and he couldn't say it with bitterness.
2. Build a factory in India
After the failure to build a factory in the United States, Foxconn transferred its overseas investment to India.
Foxconn Group Chairman and CEO Terry Gou announced that he will invest $15 billion in India to build the world's largest smartphone factory.
At that time, as soon as this news came out, it immediately triggered widespread discussion from the outside world, after all, India, as the world's second most populous country, its consumption power should not be underestimated.
In addition, with the advent of the 5G era, the mobile phone market has also ushered in new opportunities. India, the world's third largest economy, has a population of 1.2 billion and is experiencing rapid development.
Therefore, it is widely believed that with India's huge consumer market and the opportunities brought by the 5G era, Foxconn's investment in India is expected to help it further expand its production scale and increase profits.
However, what no one expected was that just when people thought that Foxconn was about to reap success, it failed again due to some uncontrollable factors.
India's law and order is chaotic, riots occur at every turn, and although Foxconn is a management company, he can't help it.
In addition, India's power construction is backward and cannot meet production demand. Their own orders are lined up, but for these uncontrollable reasons, the progress is slow. In addition, due to local land policies and labor costs in India, Foxconn was deterred.
In short, this time to build a factory in India is also a relatively failed plan.
3. Build a factory in Vietnam
Since the failure of the first two overseas factories, Foxconn has learned from the failure experience and repeatedly chosen the location of the factory, this time choosing to build the factory in Vietnam.
Unexpectedly, this time the Vietnamese factory was successful. Known as "Vietnam of Little China", Foxconn has provided generous subsidies, and Foxconn has also solved the employment problem for it, which is very suitable for the development of both sides.
However, there are also major difficulties in building a factory in Vietnam. It is that the market in Vietnam is small, it is difficult for Foxconn to develop and grow here, the labor force is insufficient, the infrastructure is rudimentary, so everything needs to retrain employees and buy new equipment.
Through the experience of three overseas investment and factory construction, this time Foxconn recognized the reality and was still good in domestic development, so Foxconn purchased 46 lithography machines and established a chip processing plant.
This time Foxconn has received a lot of praise from the Chinese people, because in the international environment, chips are restricted by the old United States, and this time Foxconn came back to solve certain problems.
But Foxconn doesn't solve real problems.
Now is the era of technology, and the development of Foxconn, relying on the tactics of the sea of people, relying on cheap labor, through continuous replication to expand the scale, so as to obtain excess profits, which is a typical labor-intensive enterprise, relying only on management can not stand firm.
Coupled with Apple's complete supply chain, he will also divert his orders to other companies, which directly led to Foxconn's revenue plummeting, and it seems that Foxconn is out of favor at Apple.
Therefore, Foxconn's future road, I think everyone can also have an idea.
In this regard, what are your views and views, you can leave a message in the comment area, thank you!