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Introduction: Made in China is replaced by Vietnam? The Ministry of Industry and Information Technology released core data, Samsung and Apple "can't run away"
China, as the world's largest population country, is also the world's largest consumer market. The rapid development of the Chinese market over the years has also attracted many international giants to come to the Chinese market to develop. Apple and Samsung have made a lot of money in the domestic market; however, after my country's Huawei company was suppressed by the United States, there were rumors in the domestic market that "Apple is going to run" and "Samsung is going to leave", and Foxconn has also established factories in India and Vietnam. So will Chinese manufacturing be replaced by Vietnam, India and other markets?
Will China's manufacturing be replaced by Vietnam, India and other markets?
You should know that as the release period of my country's demographic dividend gradually passed, the domestic labor cost advantage is gone forever. Compared with the cheap labor in the Vietnam and Indian markets, Vietnam and India obviously have more advantages; so Apple has also moved some supply chain factories to markets such as Vietnam, and Samsung has also closed some domestic factories and turned to Vietnam to establish new factories. These giants have "escaped" the domestic market one after another, which makes people wonder, is my country's world manufacturing factory status really unsecured?
Ministry of Industry and Information Technology released core data
Obviously things are not that easy. The Ministry of Industry and Information Technology of my country has released some core data, which directly showed us the strong strength of domestic manufacturing; it is reported that China is very strong in the basic manufacturing field. Currently, more than 80% of the world's computers, 60% of smartphones and TVs are made in China. So far, China is still the world's largest consumer electronics production and manufacturing base, and its status is also unshakable!
Samsung and Apple "can't run away". The status of manufacturing in China cannot be shaken
In recent years, although Apple, Foxconn and Samsung have built factories in Vietnam and India, their main production work is still dependent on the mainland market. This time, some iPhone 14 mobile phones are produced in the Indian market, but most of the iPhone 14 mobile phones are produced by Foxconn, BYD and Luxshare Precision in the mainland market; China has a complete mobile phone industry chain, which is unmatched by other countries and regions. It can be said that Apple and other companies are inseparable from the Chinese market!
Although building factories in India and Vietnam can give Apple, Samsung, and Foxconn the advantage of low artificiality, China's dominant position in the global supply chain makes giants such as Apple and Samsung "can't run away". What's more, China is still the world's largest consumer market, which makes technology giants such as Apple and Samsung not withdraw from the Chinese market. After all, no one will be unable to get along with the market; although some production lines of Apple and Samsung have moved out, their focus is still on the Chinese market.
Overall, China will still firmly sit in the position of "the world factory", and Vietnam will not be able to replace the position of manufacturing in China in a short period of time; after so many years of development, China has long formed a complete industrial chain in the fields of consumer electronics and other fields, and the country also has a huge logistics system and infrastructure construction, which can provide many convenient advantages for the development of these technology giants, which is something that the Vietnam and Indian markets cannot surpass in a short period of time, so we don’t have to worry that manufacturing in China will be replaced. I wonder what you think about this?
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