Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen West Window old things, South China Wu Yanzu clue delivery! CTOnews.com June 28 news, Foxconn Technology Group (Hon Hai Precision) is Apple's largest foundry, but also one of the world's largest electronics manufacturers. Liu Yangwei, Foxconn chairman and chief executive, denied today that Apple plans to shift its supply chain out of the mainland of China while attending the 14th Summer Davos Forum in Tianjin.

Since the beginning of this year, Liu Yangwei has visited Foxconn factories in Zhengzhou, Chengdu and other places many times. As to whether Apple plans to transfer its supply chain from the mainland of China, Liu Yangwei told the Global Times reporter,"No! "

CTOnews.com previously reported that Apple's upcoming iPhone 15 series, which will be released in September this year, will enter mass production at the end of this month, and Foxconn will become Apple's largest assembly partner for the iPhone 15 series, accounting for up to 60% of orders.

Liu Yangwei said at the Davos Forum that China is already the largest manufacturing base in the world, and Asia has the potential to build a regional manufacturing system. He believes that manufacturing plays an irreplaceable role in economic development, improves resource utilization rate, provides a wide range of employment opportunities, and is an important force for stable and prosperous society. He also pointed out that with the development of automation and intelligence, it will improve labor efficiency, reduce costs and increase sales volume. At the same time, human resources will shift from boring jobs to other areas. For example, with the development of automation, more people are needed to manage and allocate resources. Liu also suggested that these changes also require the government to issue relevant policies to train workers so that they have sufficient knowledge and skills to manage automation equipment.

Liu Yangwei officially took over Foxconn founder Terry Gou in July 2019 to take charge of the global foundry giant. Under his leadership, Foxconn not only continued to deepen its partnership with customers such as Apple, but also actively expanded into new business areas and markets. During his visit to India in March, Liu met with Indian Prime Minister Modi and announced that Foxconn would build a new factory in Bangalore, India, to produce parts and headphones for Apple's iPhone. Foxconn is also betting heavily on electric vehicles and hopes to capture 5% of the global electric vehicle market in the next few years.

According to a previous report by Taiwan media Economic Daily, Liu Yangwei explained whether Foxconn will make risk-free adjustments due to tensions between China and the United States."This kind of risk is a management risk, not a risk on production capacity. For example, in case of earthquakes and windstorms, it is mainly not risk-free, but for the sustainable development of enterprises."

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