Will Foxconn leave China?

Foxconn will not leave China for the time being.

As one of the largest electronic manufacturing service providers in the world, Foxconn's business scale in China is still very large. Although the manufacturing cost of China has increased, it still has unique advantages, especially in the supply chain system and talent pool, which is difficult to be easily replaced by other countries.

Therefore, even if Foxconn continues to increase its investment in other countries in the future, it will still regard China as one of the important production bases. With the change of global trade situation, Foxconn's business scale in other countries has been expanding to spread risks and improve production efficiency. In the future, Foxconn will continue to deploy production bases around the world to meet market demand.

Foxconn's production situation in Chinese mainland;

1. Industrial layout: Up to now, Foxconn has 17 production bases in Chinese mainland, namely, Shenzhen, Suzhou, Shanghai, Tianjin, Chongqing, Chengdu, Zhengzhou, Wuxi, Wuhan, Kunshan, Zhuhai, Nantong, Taicang, Ningbo, Changsha, Chongqing Liangjiang New Area and Zunyi. These production bases mainly produce electronic products, communication equipment, smart homes and other related products.

2. Staff size: As of May 2023, Foxconn had millions of employees at the peak of Chinese mainland, including talents in various fields such as technology, management and production. This also illustrates the scale of Foxconn's business in China.

3. Output value and contribution: Foxconn also paid a large amount of taxes to the China municipal government, assumed a large number of employment responsibilities, and made great contributions to promoting the local economy.

Reference to the above content: Baidu Encyclopedia-Foxconn