Indian factory won't work! Apple shifts some production capacity back to China as Foxconn goes on a billion dollar binge
Hawk News
2024-07-24 18:19:53
2.50W
Share to:
Collect
Hot List Ranking
- Huawei's native Hongmeng OS is officially released 1 billion devices have accessed itHawk News
- “Interest rate cut storm” is coming! The Bank of Canada has announced a 50 basis point cut in interest rates!Hawk News
- Fed-heavy CME, “Fed Watch” forecastsHawk News
- Lenovo Sues ZTE Overseas, ZTE Responds: Hard to Understand but RespectfulHawk News
- Domestic arithmetic is soaring. Big news from Huawei.Hawk News
It is reported that in recent years Apple's implementation of the “de-risking” and decentralized supply chain strategy will be shifted to India orders, but the actual operation is obviously not smooth, last year, the Indian factory assembly of the iPhone 15 did not go well by the return of goods were forced to sharply reduce the price of Apple's chief executive officer, Cook himself also went to mainland China to reorganize the supply chain.
India factory iPhone foundry yield (only about 50%) and health management (E. coli exceeded the standard) there are still problems, these two aspects of the problem led to the product in the export of the two markets in Europe and mainland China have caused problems, affecting the market sales, Apple has also decided to reduce the price of promotional response.
After this lesson this year, Apple has transferred part of its production capacity back to mainland China foundries, BYD, Lixun Precision and other major manufacturers have joined the iPhone 16 supply chain, becoming Apple's newest foundry partner.
Foxconn will invest in the construction of a new business headquarters building in Zhengzhou to host the new business headquarters function, the first phase of the project site is located in Zhengdong New District, with a construction area of about 700 mu. The total investment is about 1 billion RMB. At the same time around the implementation of the 3 + 3 strategy, Foxconn will be in Zhengzhou Airport Economic Comprehensive Experimental Zone, focusing on the layout of electric vehicle pilot production centers, solid-state batteries and other projects
Translated with DeepL.com (free version)
·Original
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like