reply Hong Kong media: in India Vietnam production pain points, Foxconn "return" to mainland Chi

According to Hong Kong's "Asia Weekly" reported on August 5 issue, in recent years, low-end manufacturing to Southeast Asia, South Asia and other places in the developing countries under the wave of transfer, Foxconn as the Apple cell phone production chain giant, but also after the epidemic will be part of the industry chain transferred to India, Vietnam and other places, but recently there is a reverse. late July, Foxconn announced that it will be invested in Zhengzhou, Henan Province, 1 billion yuan, the construction of new business headquarters building to expand its supply chain and attract more orders. Foxconn has also entered the hiring season in Mainland China. There is also news that the iPhone 16 series will still be assembled on the mainland. According to relevant information, Foxconn is of great significance to Henan's economy. Last year, the import and export volume of the Xinzheng Integrated Free Trade Zone, where Foxconn's Zhengzhou plant is located, amounted to nearly 407.3 billion yuan, which accounted for half of the total import and export value of Henan Province.　　Reportedly, Foxconn "return" is no accident, India and Vietnam "out of favor" behind the root of the problem also lies in the quality of workers, industry chain and infrastructure development. As Indian workers are less educated than in China, the Indian factory assembled iPhone 15 yield is only half. Vietnam, India's supply chain is not complete is also another major reason, although the labor costs in the two countries are lower than China, but many Vietnamese and Indian factories need parts still have to be imported from China, the factory also has to pay expensive transportation costs, pulling up the total cost. Lack of infrastructure has also become "the last straw that broke the camel's back", India, Vietnam's power backwardness, in the factory production of electricity during the peak period facing the plight of the power limitations, India's private power theft phenomenon is also widespread, further enhance the cost of production.