The world's largest smartphone foundry must be Foxconn, only to help Apple OEM, Foxconn's annual revenue is hundreds of billions, so Foxconn was also very proud in the early days.
Because Foxconn has millions of employees, in a sense, Foxconn has indeed given these 1 million people a bite to eat and provided millions of jobs. So there are some things that Guo Taiming said on the Internet, what I feed 1 million people and the like, as for whether it is really said so, this is not clear, but it is true that Foxconn had the confidence of arrogance in the early days.
However, later, with the continuous rise of the domestic supply chain, it is no longer Foxconn's patent to help Apple OEM, and other domestic manufacturers have also entered the field of Apple OEM, such as BYD, Lixun Precision, etc., they OEM iPhone, iPad, iwatch, aripods and so on.
More importantly, with the rise of domestic smartphones, the sales of domestic smartphones are getting higher and higher, and the foundries that help domestic mobile phone OEMs are getting higher and higher, and their status is becoming more and more important, narrowing the gap with Foxconn.
At present, BYD is already the strongest mobile phone foundry in Chinese mainland. Data shows that in 2023, BYD's revenue in consumer electronics (mainly OEM) will reach 120 billion yuan.
Apple is BYD's customer, and many other domestic mobile phones, such as Xiaomi, Huawei, and Honor, are BYD's customers.
BYD is not only an OEM, but also one of the few companies in the world that can provide a full range of mobile phone structural parts such as metal, glass, ceramics, and plastics, as well as complete machine design and manufacturing solutions on a large scale.
According to the data, in 2023, BYD's revenue will be 602.3 billion yuan, of which the revenue of consumer electronics (foundry) business will be about 120 billion yuan, accounting for nearly 20%, which is also an important revenue contribution.
It can be seen that BYD not only makes cars well, but also OEM mobile phones are a good hand, many people think that BYD only has cars, then it is very wrong, what do you think?
And with the rise of BYD in the OEM field, it is estimated that Foxconn must be under pressure, because the confidence of the tsundere is gone, without Foxconn, and BYD can replace him, Foxconn is not so important.
So Foxconn can only hug Apple's thigh, Apple goes to India, Foxconn goes to India, Apple goes to Brazil, Foxconn goes to Brazil, for fear that Apple will abandon it.