When mentioning Guo Taiming , I believe many people don't know who it is, but many people know Foxconn. Guo Taiming is the boss of Foxconn Technology Group. American Apple's huge orders have made Foxconn the world's largest foundry. Apple's two main products: iphone and ipad, are manufactured by Foxconn. Foxconn is one of the world's top 500 companies, ranking ahead of the 250th place. In the Mainland, Foxconn has invested more than 10 billion yuan to build factories and has millions of employees. All Foxconn factories are large local taxpayers and large employment sources.
Terry Gou was born in 1950, entered the Maritime Academy in 1966, and completed his studies part-time and part-time. After completing his military service, he began to work as a salesman in a shipping company. At that time, Guo Taiming could not dream that he would be the boss of a Fortune 500 company in the future, let alone that his company would be the world's largest foundry. . In 1973, with the help of his mother, Terry Gou invested 100,000 Taiwan dollars and friends to establish Hon Hai Plastics Co., Ltd. But within a year, due to poor management, the original shareholders withdrew one by one, and the company also faced the dilemma of bankruptcy. Just when Terry Gou’s first venture in his life was about to end in a fiasco, with his handsome appearance and talkative mouth, he successfully captured the heart of the wealthy daughter Lin Shuru . Lin Shuru's father Lin Baixin is a real estate tycoon in Hong Kong with a net worth of tens of billions. In order to save her husband’s business, Lin Shuru asked her family for 700,000 Taiwan dollars as working capital. This money was a huge sum of money at the time, and since then Hon Hai Plastics Co., Ltd. has become a wholly-owned enterprise of Guo Taiming. With this money, Guo Taiming immediately purchased the latest mold equipment from Japan and established a mold factory. Subsequently, he invested in an electroplating plant and a stamping plant. Guo Taiming suddenly became a young millionaire, and his wife's role during this period was crucial. In 2005, Lin Shuru died of breast cancer.Three years later, Guo Taiming, who was unwilling to be lonely, married his wife who was 24 years younger than him.
In the 1980s, as Guo Taiming mastered mature mold technology, he tried his best to reduce the cost of products, and high-quality and inexpensive products quickly seized a large number of markets. After that, he changed the company's name to Hon Hai Precision Industry Co., Ltd. and invested 16 million Taiwan dollars into the field of computer cable assembly. In 1985, Terry Gou began to explore overseas markets, established a branch in the United States, and later established his own brand Foxconn. In 1988, the tenth year of reform and opening up, Guo Taiming also responded to the call to establish the first factory in , Baoan District, Shenzhen, mainly producing computer peripheral products, which became a new starting point for his career. Due to the preferential policies of reform and opening up, Guo Taiming visited Shenzhen again in 1993. This time he decided to contract a large wasteland of Shenzhen Longgang , where he established Foxconn Shenzhen Longhua Industrial Park. Later, Terry Gou developed the Pearl River Delta Industrial Park with Shenzhen as the center, the Yangtze River Delta Industrial Park with Kunshan , the Bohai Economic Circle Industrial Park with Yantai as the center, and the Midwest Industrial Park with Taiyuan and Wuhan as the center. From the coast to the inland, from the east to the midwest, Foxconn followed the pace of reform and opening up throughout the country.
Since Foxconn and Intel, IBM and other large companies have a cooperative relationship, the quality of OEM products has also been affirmed by foreign companies, so Apple will hand over a small part of its own products to Foxconn OEM. . In 2001, due to the great success of Apple's iPod, at the same time Foxconn's foundry business became more and more mature and larger, so Apple gave most of its orders to Foxconn for production. In 2007, Apple’s first-generation iPhone was produced by Foxconn.Since then, Foxconn has taken over Apple's core business-mobile phone business. Foxconn relies on large-scale intensive production to overwhelm the cost to a low enough level. For a new iphpone of US$1250, Foxconn’s foundry costs and profits add up to only US$75. Most of the money has been taken away by Apple, so it has established its own brand. Extraordinarily important.
Terry Gou’s management model follows Taylor’s scientific management and adopts large-scale intensive production to overwhelm the cost as low as possible and increase the efficiency to the highest possible level. The biggest problem with scientific management is that it only pays attention to the quality and quantity of products, and does not care about the life and death of employees at all. So as of 2014, Foxconn has committed 11 employee suicides by jumping from a building. Foxconn has been labeled as a "sweatshop", and Guo Taiming and Apple have also been criticized. Since then, Foxconn has continued to improve employee benefits, improve management methods, and give employees more care. Over the years, a number of foundries such as BYD and Luxshare Precision have emerged. Foxconn’s orders have been constantly being taken away. Coupled with the continuous increase in domestic labor costs, Guo Taiming has no choice but to find cheap labor in other parts of the world. Gou Taiming planned to invest in the establishment of 10 factories in India, but as a result, two of them were not able to produce well. Although India has cheap labor and low operating costs, its infrastructure is imperfect, and there are frequent power outages, which cannot meet the power supply of the company. Indians are relatively lazy by nature and do not accept overtime and day-to-day work, as well as work efficiency and products. The quality can not be compared with the domestic. Gou Taiming planned to invest 10 billion US dollars to build a factory in the United States, but only invested 3 billion. Although other costs in the United States are low, the labor cost is higher, and it is not suitable for large-scale intensive low-cost production. To put it plainly, the development of the United States is no longer suitable. The growth of foundry companies. Later, Terry Gou planned to invest in Southeast Asia, where labor costs are very low, but production efficiency, operating costs, and infrastructure supply cannot be compared with China. This operation caused Guo Taiming to lose 20 billion, and finally had to withdraw to the mainland again.
because,There are more and more domestic foundry companies, and the technology is becoming more and more mature. Apple has also changed its strategy and does not intend to hang on a tree. Apple’s air pods comes from Luxshare Precision. It is rumored that Luxshare Precision has won a new large order. It is likely to be iphone13 , and it is also a high-end pro series. BYD is already the second largest mobile phone foundry company in China. For example, millet, oppo , vivo, Meizu, etc. are all BYD’s partners. Apple is also said to have placed 20% of its ipad orders and a new generation Ipad touch was handed over to BYD. Two years ago, Guo Taiming said that the mainland cannot be separated from Foxconn, and that he gives the mainland people a meal. This sentence has aroused widespread criticism. There is no one in this world who can't live without anyone, there is only one who doesn't cherish whom!
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