Chapter 1023 Foxconn's Great Debacle

Guo Min cursed inwardly. Whoever said that the manufacturing industry has low profits is okay, but Changtian Technology cannot say this. It is widely speculated that the profit margin of each product of Changtian Technology is above 300%.

This is just a guess. Many people think that the profit margin should be above 500% when they look at Changtian Technology’s social responsibilities all over the world.

But everyone has said so, so I can only continue the topic.

"Mr. Lu is too modest. Your company's current orders should be in the hundreds of billions. How can you say there is no profit margin?

You also know that the OEM level of the product is very important. The qualifications of those companies outside are still a bit poor, and it will not be good to affect the quality of your company's products in the end. "Guo Min's implication is that Foxconn's foundry level is very high, which has a high bonus to the quality of products.

This is where Guo Min's arrogance lies. In the past, it was able to become the global OEM of Apple mobile phones and also cooperated with Samsung. Apple's requirements are so high that it can meet such high requirements. It is impossible to change this company.

Now that Apple is failing, it’s not that Foxconn’s manufacturing capabilities are failing.

"Mr. Guo, don't worry. Those factories in mainland China are now producing at a very good level and have already met our requirements." Lu Bo was very unhappy with Guo Min's tone, as if the quality of their products would not be good if they left Foxconn.

Guo Min really thought so. He tried his best to win the order: "Mr. Lu, take a look, let us try it, and then we will know how big the gap is."

Lu Bo shook his head: "We really don't have any extra orders. These cooperative factories have signed agreements with us very early, and the quotas for them are all set in advance. If you come here to intervene now, we won't have enough orders for others , which is also a breach of contract.”

Lu Bo comes from a technical background. Although he is a CEO, he is still a man of science and engineering in essence. He will try his best to learn those twists and turns, but he will not be too tactful, and his words are very direct. This left Guo Min speechless. Why is this young man not on the road?

At this time, Guo Min also lamented that the times have really changed, and he has come to the point where he has to go back to Changtian Technology for orders, and he is grabbing orders from those manufacturing factories that he didn't like in the past, and he hasn't even won.

Foxconn has always been very proud, and its arrogance comes from its own technology and related effects.

Wherever Foxconn sets up factories, the economy will take off, and many places will compete for Foxconn to settle down.

The direct income generated by the order, the tax is already very objective, and there is also the radiation effect of the dispatch order.

The presence of Foxconn will also build bridges and pave roads in local industrial parks, and increase investment in network power. This is the guidance of heavy assets.

It also drives the transportation industry and the service industry, directly and indirectly providing an unimaginable number of jobs, and the positive social effect is very high.

But Foxconn has forgotten that the reason why it can open such a large stall in mainland China and employ millions of workers is not because it is so awesome, but because the conditions in Xiaguo itself are very good, the quality of workers is high enough, and the transportation The logistics are convenient and the human resources are concentrated. Other countries can't emulate it, and can only partially achieve it.

Vietnam and India have been learning from Xia Guo, and when they learn, they pull their hips.

Therefore, Foxconn and Xiaguo Continent have achieved each other, not Foxconn has given Xiaguo a job.

Guo Min didn't adjust his mentality and position, and always looked at the mainland with a condescending attitude. Even when he came to see Lu Bo this time, he felt that he was condescending.

Lu Bo felt Guo Min's state of mind very sensitively, and he never gave Guo Min an order. This guy who followed Apple back then was disgusting to Xia Guo Dalu, so he couldn't be used to it.

Guo Min walked away in a daze. If Foxconn in the Xiaguo Mainland could not succeed, the entire Foxconn would have to be ruined. Guo Min had seen the tragic situation of numerous factories closing down, and he shouted angrily in his heart, absolutely not like this sit still.

So after Guo Min returned to the Bay Area, he still took the initiative to look for orders, and even reached out to factories further downstream to snatch orders that he had previously looked down upon.

But the effect is very small. Those factories are not located in the mainland, and there are not many orders themselves.

In addition, Foxconn's own inherent costs are too high, and the profit margins of those orders are extremely low, and they may even lose money in the end.

Several Foxconn factories in Shenzhen had no choice but to close down, a large number of employees were laid off, and the stock market collapsed, and it has been falling continuously.

Guo Min couldn't sleep at all these days, worrying all night, he finally made up his mind after deliberation that he had to do something.

As an old man, he has understood Xia Guo's system, and he plans to transfer the pressure to Shenzhen City. Since he can't handle Changtian Technology, he will find a department that can manage Changtian Technology to put pressure on it.

Guo Min proposed to move out of Shenzhen City, and sell the existing production lines and equipment together, so as to recover some blood.

Shenzhen City is in a hurry now. Foxconn has hundreds of thousands of workers here. If they leave suddenly, the consequences will be extremely serious.

Let’s not talk about whether there are so many jobs to accommodate so many people. Even if there are, it will take a certain amount of time to accept them. How to adjust the economic losses, employment rate, and investment during this period?

The Shenzhen Municipal Government tried its best to bring Foxconn back, and gave a bunch of preferential policies, including taxation, land, and import and export subsidies. Except for real money, everything was tried, but it was still useless.

Guo Min already understood that it is very difficult for Foxconn to stand up in the mainland.

If Shenzhen Market cannot get the order this time, then it can only take this opportunity to sell production lines and equipment to Changtian Technology. At present, only this company can offer a more reasonable price, and other small companies are simply Take advantage of the fire.

In the end, Guo Min was disappointed. Changtian Technology did not place an order. Tiangong Technology agreed to purchase production lines, equipment, and even factories out of consideration for expanding production capacity.

However, there is a prerequisite for this. Foxconn must pay the rent and wages before the contract is signed, and cannot hand over the bills. Changtian Technology is not being taken advantage of. The factory is valuable and can be kept as a whole, and even part of the management personnel can be kept. However, the wages will be reduced by 20%, and the wages of workers will be increased by 10%.

The executives in the Bay Area are now full of complaints. They are relying on the cheap labor in the mainland in exchange for low cost and high profits. In the past, their wages were very high, but relatively, the wages of employees were lower than those in other regions, and there were obvious differences in treatment.

Lu Bo is still not used to this group of eccentric Wanwan executives. He stated in the pre-issued document that if it is not for the consideration of a smooth transition, none of these people can stay!

The big deal is that the production time of Changtian Technology will be extended a bit, and the workers can no longer be wronged. Everything must be run according to the model of Changtian Technology!

After the ruthless words were released, the executives of Wanwan were all silent and stopped talking. They even held a welcome ceremony when the people from Tiangong Technology were handed over.

They are not stupid either, except for Xia Guo Dalu, the development speed of the whole world is obviously not high, and it is impossible to find a job with such income in other places.

Besides, with Changtian Technology, how low can the salary be? Once the order comes in, my performance in the future may be better than before!

The final delivery and purchase amount is very low, and it is not discounted according to the market value, because everyone knows that the market value is a deceptive thing, and the things piled up by capital are not believed by dogs.

Tiangong Technology estimates itself and squeezes out moisture. Only consider the value of fixed assets, inventory value, raw material value and other tangible things, such as goodwill value, brand value, or keep it to deceive investors!

Guo Min looked displeased. He always emphasized the possibility of Foxconn, but Changtian Technology is not a vegetarian.

"The recent movements of several capitals are not normal. A large amount of funds have settled in, and various good news have been released. Before we signed a contract, there are already various articles and videos on the Internet that are optimistic about Foxconn's development. How dare you say that these are in line with Foxconn's development? Are you okay?" The Changtian Technology negotiator stated some facts.

And these facts are indeed done by Foxconn's public relations team, the purpose is to make the market look optimistic about Foxconn again.

They even worked through the work of some rating agencies, making Foxconn's credit rating very high, resulting in a short-term rise in Foxconn's stock price and an overvalued market value.

This is why Changtian Technology has to do its own evaluation. In its view, manufacturing only has real objects and related technologies, and personnel are the most valuable, and everything else is nonsense.

After several days of day and night debugging, the production line can be put into production, and it will be transformed while it is put into production, and whatever can be made can be made.

Three months after the press conference, Changtian Technology only delivered 5 million mobile phones, 2 million mayflies and 1 million wearable devices. The number with purchase intentions is more than ten times that, which is a drop in the bucket.

However, with such a sales volume, Changtian Technology has secured a net profit of tens of billions. It is unprecedented to have such a performance in one quarter. If the production line is fully put into operation later, the follow-up profit will be even more unimaginable.

While Changtian Technology was developing steadily, the anxious U.S. military finally bought the equipment they wanted. It took several rounds of team shooting for their secret agents to get the equipment.

"Hurry up, hurry up! All gather! What? Goddamn? I'll fuck your mother!"

"How can you scold people like that?"

"The product of Changtian Technology is back! If we can't find a way to crack it, we will all be unemployed in the future, you know?"

"oh!"

The science and technology departments of the U.S. military gathered quickly. Everyone looked at the Hanhai T1 and couldn't believe how powerful it was.

The experiment started soon. The first test environment was a strong magnetic field. Not to mention the signal here, even the metal in the magnetic field will be magnetized and controlled by the magnetic field.

The person in the distance dialed the mobile phone, and within a second, the mobile phone rang immediately, and everyone had incredible expressions on their faces.

The next test is a claustrophobic environment test, that is, talking hundreds of meters below, where a de facto birdcage effect has been formed, and only wired calls are allowed.

The result is still the same, there is no shielding at all, and it is connected instantly. Then I tried it in deep sea, deep mountain, and desert area, and even tested the space environment, all of which were smooth, and there was no barrier to the interaction of information.

All the tests have been carried out, and the people in the US military are getting more and more frustrated. Many environments have exceeded the most severe use environment, and it is impossible to encounter them in reality. Even so, the products of Changtian Technology did not operate at a discount.

The U.S. military gave up this time, and they sat together with ugly faces.

"Let's talk, can we analyze and imitate?" The lieutenant general who presided over the meeting was very pragmatic. He couldn't even say the word "beyond", so it should be good if he can get close.

As a result, he was disappointed, and the people present did not dare to speak up.

"Don't even dare to guarantee the analysis? Talk!" The lieutenant general got angry.

Finally, someone spoke up: "Even dismantling may not be able to understand. According to the current product performance of Changtian Technology and the results of previous dismantling, we are likely to directly dismantle the equipment, causing the product's protective self-protection. destroy."

Speaking of this, everyone remembered the embarrassing scene of dismantling Mayfly last time, which was simply a nightmare. Now that quantum technology has been added, the ghost knows what the structure inside is. The current quantum technology in the United States is very immature.

"If you don't know how to dismantle it, you have to dismantle it! Then ask Xia Guo's special service to line up to buy it! While dismantling it, you continue to conduct research on quantum physics. Changtian Technology can make the way, at least it proves that some conjectures in certain directions are not wrong. , this is our chance!" The lieutenant general's words silenced everyone, and such an optimistic person is rare.

After the meeting, people in the United States started the road of reverse cracking.

The result was exactly as they thought. It is easy to disassemble the mobile phone, but when it comes to the quantum accessories, it becomes extremely complicated. If you can't learn it, what can you do if you read it?

This is more uncomfortable than thinking wrong, people are obviously going to the front. After dismantling a few products, the harvest is very small. Except for the inspiration of chip arrangement, there is no progress in quantum science.

"We have to make up lessons again. The massive exodus of the manufacturing industry finally has a vicious backlash, and the consequences of the hollowing out of the industry are emerging.

We always think that the low-end industry is handed over to others, and we are responsible for high-end manufacturing such as chips, but we ignore the possible consequences of the dispersion of manufacturing, that is, the industry is not concentrated, and it is very difficult to improve the overall level.

Xia Guo has always maintained a complete set of industrial systems, but we continue to migrate out. In the past, our level was at a high level, so it was not a big problem. Once others approached or even surpassed us, we had to regroup the manufacturing industry and return to the mainland! "The U.S. government think tank has come to the final conclusion.

Now they have to wait for the overall manufacturing level to catch up with Changtian Technology before they can achieve overtaking, but this may be very low. The higher the level, the harder it is to chase each step!