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farhad hossian
Aug 02, 2022
In Medical Forum
Foxconn has other electric vehicle investments in China. In the large, fast-growing and highly competitive Chinese market, Foxconn's future is not clear. Caroline Chen, research manager of TrendForce (Taipei-based market analysis and research firm), pointed out that Taiwanese manufacturers are good at automotive electronic parts manufacturing and OEM production, and electric vehicles have more chip demand than traditional vehicles, "This means that automobilesa great opportunity for Taiwan.” Based on past experience, Foxconn's strength is not in chip manufacturing, but it has gradually It acquired the memory giant presumably for the development of automotive-related silicon carbide chips. Eric Tu, another analyst at the Institute of Industrial Intelligence of the China Asset Management Association, said that China is striving to achieve chip self-sufficiency in various fields, including the electric vehicle industry, which is a challenge that Foxconn must pay attention to in the Chinese electric vehicle market. enhance diversity In view of the rising labor costs in China, Foxconn began to shift production lines to other Asian countries with lower costs more than a decade ago. it accelerated the transfer speed. Although Apple products still enjoy tariff exemptions, they are not permanent, and it is prudent for Apple and its suppliers to reduce their reliance on China. Rachel Liao explained: "In response to geopolitical tensions in recent years, Apple has gradually moved its iPhone assembly plants to other countries, such as India. Although most of the latest iPhones are still assembled in China, India has also begun mass production, including the iPhone 12. Some models.
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farhad hossian

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