Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Why is Foxconn so awesome?
Why is Foxconn so awesome?
On March 8, the initial application of Foxconn A shares was approved.

A 300 billion-level super giant is about to land in A shares.

36 days! ! ! From the submission of the prospectus to the final meeting, Foxconn's IPO review in A shares can be called "the fastest in history".

Previously, the average review period of A shares was as high as 3 years.

In the spring when the registration system reform pressed the pause button and the IPO was in the most rigorous period of review, Foxconn wrote a story of spring.

Once listed, Guo Taiming, as the founder, will be worth over 100 billion yuan.

Foxconn's lightning listing, the fierce confrontation between praise and bombs, aside from the grand narrative, the truth of Foxconn is quite surprising.

Who is Guo Taiming?

Speaking of Foxconn.

You must know Guo Taiming first.

From 65438 to 0950, Guo Taiming was born in Taipei, and his family was not rich.

As the eldest son, in order to reduce the family burden, Guo Taiming worked his way through college and went to military service.

After demobilization, he began to work in Taiwan Province Fuxing Shipping Company.

Guo taiming is not satisfied with this.

1973, with NT$ 654.38 million saved by his mother, Guo Taiming and his friends founded Hon Hai Plastic Enterprise Co., Ltd. to produce plastic products.

At that time, it was only 70 square meters, 15 workers.

This is the predecessor of Foxconn's parent company Hon Hai Group.

From 65438 to 0985, Guo Taiming set up a branch in the United States and founded the brand "Foxconn", that is, Foxconn.

The first industrial enterprise with millions of employees in history.

According to public information, Foxconn is the world's leading professional design and manufacturing service provider for communication network equipment, cloud service equipment, precision tools and industrial robots.

In 20 15-20 17, Foxconn achieved operating income of 272.8 billion yuan, 272.7.1300 million yuan and 354.544 billion yuan, and its net profit reached1435 million yuan and1439 million yuan in the same period.

Foxconn's main customers include Amazon, Apple, ARRIS, Cisco, Dell, HPE, Huawei, Lenovo, NetApp, Nokia and NVIDIA. , are world-renowned brand companies in the electronics industry.

Henry Ford, the originator of the industrial assembly line, once said: No one can manage 1 10,000 people.

But as early as 20 1 1, Foxconn's total number of employees has exceeded one million. It is the first industrial enterprise with one million employees in human history and the product of the peak of industrial assembly line.

Guo Taiming once bluntly said: "It is a headache to think of managing one million people every day."

But still managed to reach the most awesome state in human history.

The reaction speed and efficiency are no less than those of small enterprises.

Foxconn has occupied the first place in China's exports for more than ten years (accounting for about 5% of total exports), and its enterprises rank first in five or six major provinces such as Guangdong, Shandong, Henan and Shanxi.

The precision manufacturing capability that scares the Japanese.

In 20 16, Foxconn made a move that shocked the world-spending $3.5 billion to acquire the troubled Japanese electronics giant Sharp.

After winning Sharp, Guo Taiming immediately helped Sharp set up an intellectual property management company.

On the last day of 20 16, Guo taiming invested RMB 6 10 billion to build a 10.5 LCD panel factory in Guangzhou.

6 1 100 million! This is the single largest investment project introduced by Guangzhou since the reform and opening up.

According to Guo Taiming's vision, 8K ultra-high definition fine image LCD screen will bring an image data revolution to industrial Internet, car networking, entertainment, medical care, social interaction, education, security and other fields.

Guo Taiming announced: "We will continue to increase investment in the real economy. In the future, Foxconn will be based in the Pearl River Delta, transform into a leader in industrial Internet and car networking, and build an intelligent ecosystem including work, education, entertainment and medical care. "

Less than a year after the acquisition, Foxconn pulled Sharp back to the profit track from the abyss of years of losses.

Why is Foxconn so awesome? 40% of the world's consumer electronics products are made by Foxconn.

Guo Taiming said in an interview: "Seven of the top ten best-selling products in the United States last Christmas were made by Foxconn.

I think everyone saw the report.

For example, this camera, this telescopic lens in your hand, no other company can make it.

This mold is very accurate.

Tell me (if anyone can do it) and I'll buy that company at once. "

Japan's BP has thoroughly studied Foxconn. The keynote is: don't be arrogant in your hometown. A man named Foxconn caught up.

? BP News Agency commented: Today, if we don't understand the real situation of Hon Hai Precision and study the countermeasures, it will be difficult for Japanese civilian products manufacturers to reproduce their former glory.

Google has come to buy Foxconn's patent.

The name of Foxconn's intellectual property department is Intellectual Property Management Department.

With a team of more than 500 people, Foxconn operates tens of thousands of patents.

From 20 13 to 20 14, Google continuously purchased patents for communication technology, monitors and wearable devices from Foxconn.

Because without buying these patents, Google can't cut into the hardware field.

Since then, you have the capital to brag? No, it is already there.

In 20 1 1 year, Hon Hai Group ranked ninth in the world in the number of US patents, and Huawei did not enter the top 50 list for the first time until 20 14.

In the annual global patent ranking of MIT, it is the only China enterprise among the top 20 in the world.

Most domestic well-known brand enterprises are unable to move internationally because of insufficient patent authorization.

Today, when almost all enterprises kneel to Ali Tencent, only Foxconn can let the two companies compete and cooperate.

2065438+In March 2005, internet plus Intelligent Electric Vehicle Platform was signed by Malaysia and Zhengzhou Harmony Automobile.

Previously, Foxconn and Tencent had jointly invested in the establishment of FutureMobility, an electric vehicle company.

2065438+June 2005, Alibaba and Foxconn respectively injected 145 billion yen into Softbank Robot Holding Company.

In August of 20 15, Alibaba and Foxconn invested USD 200 million and USD 500 million in Indian e-commerce Snapdeal respectively, and this investor also included Japan Softbank group.

20 15 10 Alibaba Cloud and Foxconn jointly launched the "Fu Tao Reality" project, opening up Foxconn's world-class capabilities in design, research and development, patents, supply chain and intellectual creation, Alibaba Cloud's cloud computing platform and big data processing capabilities, Ali's e-commerce platform capabilities of Tmall Taobao, and introducing enterprises such as Ginkgo Valley Capital, Yunfeng Fund, Pig Bajie.com and Rococo.

2065438+In August 2006, Tencent Holdings and Foxconn took the lead in participating in a new round of investment by Hike, an Indian communication application company.

The key point is that Foxconn is dominant in most of the cooperation.

The vast number of dual-creation enterprises waiting for Ali Tencent to hook up are anxious.

What does Foxconn want?

FOXCONN's English name is foxconn, which is a combination of Fox and connector.

These two words are Guo Taiming's favorite things.

It's connecting, connecting crazily.

It's just that this is based on the strength accumulated in the past 30 years.

Guo Taiming said: "Foxconn has been innovating manufacturing technology.

We think that in the future network design, especially e-merce or B2B business model, we are building a platform that can help many small and medium-sized enterprises and entrepreneurs how to use the network and computers today, and also give them a full set of software. He doesn't even need his own IT department to sell goods.

We can help him solve the whole problem.

As long as he puts forward his own ideas, he can sell them quickly.

We're already doing it. "

What he wants to do can be simply described as a system developer, integrator and distributor of manufacturing supply chain.

From the top of Softbank Sun Zhengyi, Yun and Tencent Ma, we can understand how powerful the accumulation of discourse power is.

Regarding the Internet, Guo Taiming believes that the real network economy has not yet started in China, because the current network economy is only a tool for young people to kill time.

"Although many Internet companies and Internet companies are very successful now, they are very successful at present.

But in the next wave of fierce competition, who can win is still undecided. "

"Now we think the time is ripe.

The Internet used to be a paradise for opportunists in China, but it should be an opportunity for power seekers in the future.

E-merce is good, the cloud is good, and the mobile Internet is good.

These three are Foxconn's global strength. "

Where does Foxconn go from here?

Foxconn is the most intensive, longest chain and largest integrator in the industrial history of China's reform and opening up.

Connect the world's top brands and connect millions of small and medium-sized enterprises around the world.

Guo Taiming himself complained about his distress: in Taiwan Province Province and Chinese mainland, people think that OEM has no future, and they don't see the value of patented technology. Instead, they think that land is valuable.

R&D believes that patent application and commercialization will take five to ten years, and he insists that R&D is now the future of Hon Hai.

At one time, it was suspected that Foxconn would leave, because from the perspective of comprehensive cost, China did not have much advantage.

Without the support of labor, knowledge and technology input, awe of the real ecology and indulging in the bubble economy dominated by speculation and speculation, Foxconn has no reason to stay.

"Foxconn didn't leave. We choose to sign the biggest project on the last day of this year and deposit the best technology here.

Foxconn is also undergoing transformation and upgrading. Foxconn will not leave, but will stay here.

Guo Taiming said after the project landed in Guangzhou, "It took less than 50 days from project negotiation to contract signing in Guangzhou, which shows the efficiency of * * * and its persistence in high technology.

The mainland is now promoting the real economy, returning to reality, and integrating soft and hard. I think this is the right direction. "

Wang Jian, CTO of Alibaba Group, said: As far as manufacturing is concerned, Apple knows Foxconn better than any other company in China.

If we open up Foxconn's capabilities, we can improve the overall innovation level (made in China).