Recently, Indian Foreign Minister Jaishankar Jaishankar reiterated his loud call in a public speech to stop following the Chinese model and focus on building deep manufacturing capabilities. Not only that, Jaishankar also said that in order to be comparable to Chinese manufacturing, India will focus on investing 2 trillion rupees in 14 target industries such as mobile phone manufacturing in the next five years.
Many industry insiders said that Jaishankar Jaishankar was actually "eyebrows" with Cook, hoping to attract Apple, which already had ideas about entering the Indian market, and increase investment in the Indian market.
In a recent interview with the media, Cook talked about India, saying: "I really feel that India is at a turning point, and the vitality of the market is incredible." ”
I don't know whether Cook forgot about Xiaomi's being pitted in India, or whether he forgot about Apple's foundry company Wistron Bucket in India running away. Can Apple really get its wish in India? Why does Cook have such a deep attachment to India?
Why does Cook have such a deep obsession with India?
Since the past few years, Cook has wanted to move the Chinese mainland production line to India, and he has brought Foxconn with him. Foxconn is also very face-saving for Apple, investing a lot of money to build a foundry in southern India, but did not expect that from iPhone 11 to iPhone 14, Foxconn's foundry in southern India does not have the ability to produce the latest Apple, can only produce some old models.
At the beginning of this year, it was also revealed that Apple's factory in India had only a 50% yield rate in mobile phone shells, which was far from Cook's initial expectations, after all, Cook expected zero defects. In fact, we have long seen this kind of processing capacity of Indian factories, and many people in the industry have analyzed why Indian factories always produce some defective products.
Cook is bent on moving Chinese mainland production to India, partly because of lower prices in terms of labor costs, and partly because Apple is currently too dependent on Chinese mainland production lines. According to relevant data, about 70% of Apple's production lines are currently Chinese mainland. Cook is worried that such dependence will run into problems, and U.S. officials also hope that Apple will transfer some of its production capacity to India.
It's just obvious that Apple is bent on going to India, but India has repeatedly disappointed Apple. At the beginning of this year, Apple's market value fell from $3 trillion to $2 trillion, including the reason why Apple transferred production capacity to India. Not only that, Apple's foundry partner Wistron in India also chose to run away with a bucket, taking over the Tata Group, which came up with a 50% yield rate.
Breakthroughs in domestic science and technology
Since a number of Chinese companies were kicked out of the Apple supply chain, CCTV voiced to get rid of the dependence on the Apple supply chain, many domestic companies have realized that Apple is unreliable, only by strengthening technology research and development, can we get rid of dependence on foreign companies.
In recent years, China has achieved many good results in cutting-edge science and technology.
For example, liver cube technology, which has been known as the "chip" in the field of biological sciences, has now been conquered by Chinese scientists. Under the addition of manufacturing in China, the liver cube that was once sold by the United States and Japan at a sky-high price has now been beaten into cabbage prices by Chinese scientists, and even has sales channels on many domestic e-commerce platforms.
Not only has there been a lot of breakthroughs in the field of biological sciences, but Chinese science and technology have also made shocking technological breakthroughs in chips, semiconductors, smart phones, new energy vehicles, lithium batteries and other fields.
It can be said that Chinese manufacturing has gradually changed from manufacturing to research and development, while India, which has always wanted to catch up with China, is still killing chickens and eggs.
Whether to open a back door or a trap
Today, the Indian side wants to attract Apple into the Indian market, Cook also has the idea to transfer production capacity to India, it seems that the two are right, the Indian side to Apple to open a back door, but whether it is a back door or a trap is difficult to say.
In April this year, India froze 4.8 billion yuan of Xiaomi's assets on the grounds that Xiaomi Weifang issued foreign exchange regulations and export control regulations, which means that Xiaomi's ten years in India have been almost in vain. This is not the first time India has frozen foreign assets in India.
You know, when India invited Xiaomi to the Indian market before, the attitude was similar to the attitude when Apple was invited now. When Xiaomi invested in 7 factories, India began to freeze Xiaomi's assets for various reasons. I don't know if Apple will experience a similar situation to Xiaomi after Apple really transfers a large amount of production capacity to India. No wonder many netizens said: Wistron ran right!
Although some Taiwanese companies Pegatron chose to follow Apple to open a second factory in India, there are also many people who are not optimistic, although they know that Pegatron will not be the next Wistron?
Written at the end: Cook is bent on escaping dependence on Chinese mainland, not only kicking a large number of Chinese companies out of Apple's supply chain, but also always wanting to transfer the mainland's production lines to India, but did not think that Xiaomi and Lei Jun have not escaped a catastrophe after ten years of deep cultivation in India, and what kind of good end can Apple have in India, where life is not familiar? What do you think about that?