Foxconn's high-profile provocation against China resulted in being "invited to tea"

Foxconn has recently faced investigations from multiple departments in China and has been forced to "go for tea", becoming the focus of global attention. What has Foxconn done to annoy the Chinese government? This article will provide you with a detailed analysis of the causes and consequences involved

Foxconn has recently faced investigations from multiple departments in China and has been forced to "go for tea", becoming the focus of global attention. What has Foxconn done to annoy the Chinese government? This article will provide you with a detailed analysis of the causes and consequences involved.

As one of the top global OEM companies and one of the Fortune 500, Foxconn's development and growth are inseparable from various dividend assistance provided by China, such as abundant labor resources and a sound supply chain system.

However, Foxconn founder Terry Gou's words and actions were completely ungrateful and ungrateful.

In recent years, while Foxconn has shifted a large amount of production capacity to India, Gou Taiming has also publicly made several arrogant remarks, claiming that Foxconn "rewards China with food on the mainland" and "can withdraw from the Chinese market at any time". This has undoubtedly offended China's sensitive nerves.

Originally, Foxconn's move was in coordination with Apple's response to the Sino US trade war, fearing that it, like Huawei, would be suppressed by the Chinese government. However, after moving to India, Foxconn found that the local environment was not yet mature, and production efficiency and product yield had significantly decreased, which made Gou Taiming feel embarrassed.

So, Gou Taiming began to turn back to seek Huawei orders desperately, hoping to return to the Chinese market.

But at this time, China is already full of disgust towards this "eating inside and eating outside" Foxconn. Foxconn is no longer an irreplaceable partner in China, and Chinese enterprises are also accelerating their growth, which can completely replace Foxconn's position.

Sure enough, just as Gou Taiming was running around begging for help, the Chinese government had already launched a heavy attack on Foxconn. Multiple departments have joined forces to carry out inspections on Foxconn, and its land use, taxation, and other situations have been severely investigated.

Although Foxconn has also created employment and taxes for China, it is only a low-tech OEM enterprise with limited impact on China's economic transformation and upgrading.

In fact, Foxconn has repeatedly taken things lightly in the Chinese market, such as abandoning Huawei, which has sparked dissatisfaction among many Chinese companies.

If Foxconn does indeed engage in illegal activities in land use and taxation, then this crackdown by the Chinese government is undoubtedly a punishment that it has long been able to afford and let go.

Guo Taiming's arrogant and arrogant behavior has finally ignited, making it difficult for Foxconn to achieve a "golden shell".

This undoubtedly sounded an alarm for all foreign enterprises attempting to exploit the Chinese market without respecting the Chinese government. In China, haste leads to failure. Only by truly respecting and rewarding China can we achieve significant development.

Foxconn has been hit this time, and some netizens believe that it is self defeating and deserves to be punished. Some netizens also believe that China's excessive strength may scare away foreign investment. Some netizens hold a neutral attitude, believing that both sides should maintain rationality.

What do you think of this?

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