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Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

author:A day in the life of a porter

Preamble:

At present, the global electronic foundry industry is fiercely competitive, and major foundry giants have enhanced their competitiveness through technological innovation and diversified cooperation, among which Foxconn and Luxshare Precision have attracted much attention. As a well-known domestic electronic foundry company, Foxconn has achieved rapid development in recent years in the context of China's rapid economic development, however, it has recently chosen to dissolve its partnership with Huawei and cooperate with Apple instead. At the same time, as an emerging electronic foundry company, Lixun Precision has risen rapidly by virtue of technological innovation and excellent management level, and actively pursues development through diversified cooperation. In the current fierce market competition, Luxshare Precision is likely to surpass Foxconn through its own efforts and become a leader in the electronic foundry industry.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

1. Foxconn abandoned cooperation with Huawei and turned to cooperation with Apple

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

In recent years, with the rapid development of a new generation of communication technologies such as 5G, the electronics industry has ushered in new development opportunities, and it has also led to the rapid development of the electronics foundry industry. As a leading enterprise in China's electronics foundry industry, Foxconn has always maintained a close cooperative relationship with Huawei, and the two sides have jointly responded to market challenges and achieved common development. However, there has recently been news that Foxconn has dissolved its partnership with Huawei, and instead chose to switch to cooperation with Apple, a decision that has undoubtedly brought a lot of shock to the outside world.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

As a world-renowned technology giant, Huawei has strong technical capabilities in 5G and other fields, and cooperating with it will undoubtedly help Foxconn seize market opportunities and achieve better development. So, why did Foxconn suddenly abandon its cooperation with Huawei in favor of Apple?

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

First of all, from the perspective of market demand and profit margin, the current demand for 5G mobile phones in the international market is gradually rising, and with the continuous maturity of 5G technology, the market prospects of related products will be broader. As a world-renowned smartphone brand, Apple's 5G mobile phone is bound to be warmly sought after by consumers, which undoubtedly brings huge market opportunities and rich profit margins to Foxconn.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

Second, in the long run, although the current external environment has a certain impact on Huawei's development, this impact will gradually weaken over time, and Huawei has maintained a high level of investment in technology research and development and innovation, and I believe that it will usher in better development in the future. Therefore, the termination of the cooperative relationship between Foxconn and Huawei and the cooperation with Apple is undoubtedly based on the optimistic expectation of Apple's future development prospects, as well as the firm confidence in Huawei's independent research and development capabilities and long-term development.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year
Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

Second, Lixun Precision has risen rapidly with scientific and technological innovation and diversified cooperation

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

In stark contrast to Foxconn's decision to abandon cooperation with Huawei and switch to cooperation with Apple, Luxshare Precision, as an emerging electronic foundry company, has risen rapidly in recent years with scientific and technological innovation and diversified cooperation, and has gradually embarked on the fast lane of development.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

First of all, Lixun Precision always attaches great importance to scientific and technological innovation, and constantly introduces advanced production equipment and technical processes in the process of product development and production to improve the quality and performance of products, and also increases investment in independent research and development capabilities, and constantly introduces high-tech products with independent intellectual property rights, which undoubtedly lays a solid foundation for the sustainable development of the enterprise.

Secondly, Lixun Precision also cooperates with well-known scientific research institutions and universities at home and abroad through diversified cooperation methods, fully taps the resources of all parties, and jointly promotes scientific and technological innovation, which not only helps enterprises to obtain more innovation resources and technical support, but also provides a strong guarantee for talent training and transformation of scientific and technological achievements, and injects a steady stream of innovation power into the sustainable development of enterprises.

In addition, Lixun Precision also actively expands the international market, cooperates with internationally renowned enterprises, and jointly develops overseas markets, this diversified cooperation model can not only help enterprises expand a broader market space, but also through resource sharing and complementary advantages, to achieve win-win cooperation, and enhance the international influence and competitiveness of enterprises.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

3. Lixun Precision is expected to surpass Foxconn and become an industry leader

It can be said that the current competition in the electronic foundry industry is no longer limited to the scale and efficiency of manufacturing, but pays more attention to scientific and technological innovation and brand influence.

First of all, through technological innovation, Lixun Precision can cooperate with universities and scientific research institutions at home and abroad to jointly carry out cutting-edge technology research, promote the transformation of scientific and technological achievements, provide a steady stream of scientific and technological innovation power for the sustainable development of enterprises, and at the same time, it can also accelerate the digital transformation and intelligent manufacturing upgrading of enterprises, improve the intelligent level and customization ability of products, and meet the personalized needs of consumers.

Secondly, Lixun Precision can deeply participate in the construction of the "Belt and Road" and international production capacity cooperation through diversified international cooperation, make full use of China's important position and role in the global industrial chain, expand the international market, actively participate in the global scientific and technological innovation network, realize the international allocation of technology, capital, talents and other elements, and lay a solid foundation for the global development of the enterprise.

Finally, Lixun Precision can stand out from the competition with international giants by strengthening R&D investment, cultivating its own brands, building its own technical barriers and core competitiveness, and realizing the move from "Made in China" to "Made in China" and "Created in China", so as to set more benchmarks and examples for the development of China's electronic foundry industry.

Terry Gou made a mistake and the second Foxconn was born! A net profit of 10 billion yuan a year

Epilogue:

It is foreseeable that the competition in the electronic foundry industry will be more fierce in the future, whether it is Foxconn or Luxshare Precision, they need to continuously improve their comprehensive strength and actively respond to market changes in order to be invincible in the fierce market competition. At the same time, we also hope that Lixun Precision can not forget its original intention, continue to move forward, and make more contributions to the revitalization of China's electronics industry and the transformation and upgrading of China's manufacturing while realizing its own development.

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