Foxconn Chairman Liu Yang-wei Unveils 'Made with Taiwan' Strategy at SEMICON
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- Foxconn Chairman Liu Yang-wei explained the 'Made with Taiwan' strategy at SEMICON Taiwan
- Supply chain relocation abroad defined as a strategic choice, not a necessity
- Strategy aims to protect Taiwan's technology ecosystem while achieving global integration
- Foxconn is pursuing investments in the United States, India, Vietnam, and Mexico under this framework
Foxconn (Hon Hai Precision Industry) Chairman Liu Yang-wei detailed the company's global strategy during a 'fireside chat' at SEMICON Taiwan. Liu emphasized that moving the supply chain overseas is a strategic choice rather than a necessity.
The 'Made with Taiwan' concept aims to brand Taiwan's manufacturing capabilities and integrate them into global collaborations. Liu stated that this approach seeks to preserve Taiwan's technology ecosystem while expanding global market access.
The strategy also covers Foxconn's shift from being merely an assembly hub to focusing on higher-value activities such as design, R&D, and system integration. The company is evaluating its investments in the United States, India, Vietnam, and Mexico within this framework.
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- What exactly does the 'Made with Taiwan' strategy mean?
- It aims to brand Taiwan's manufacturing and technology capabilities and integrate them into global collaborations, enabling a role in higher-value activities such as design and R&D, not just assembly.
- Is moving the supply chain overseas a necessity or a choice?
- According to Liu Yang-wei, it is a deliberate strategic move to expand global market access and diversify risks, rather than a cost-driven necessity.
- In which countries is Foxconn investing under this strategy?
- The company positions its facilities and investments in the United States, India, Vietnam, and Mexico as parts of the 'Made with Taiwan' strategy.
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