Fang Chen smiled, gently blowing the tea in the cup, a calm appearance.

The acquisition of Foxconn's shares is an important purpose of Fang Chen's trip, if it is just for an offer, he can let Duan Yongping or Jin Zhijiang go on a trip, and he doesn't have to meet Guo Taiming.

As a consumer-facing hardware manufacturer, or equipment manufacturer, manufacturing is undoubtedly the most important part.

Self-research and development, self-manufacturing, self-sales, this kind of all-encompassing model, that is, in today's Huaxia still exists.

In later generations, most of the equipment manufacturers are actually only responsible for R&D and sales, and most of the manufacturing is handed over to the foundry, such as Huawei, Xiaomi, Lenovo, Haier, Midea and other major manufacturers.

European and American companies began to do this around the eighties.

The only Apple company that is still stubborn and stubbornly chooses to manufacture its own products has had to compromise and dissolve its own manufacturing plant and hand over all manufacturing production, including chips, to the foundry, which is why Apple has an industrial chain all over the world.

And there is no doubt that Fang Chen intends to do the same.

Because of self-manufacturing, regardless of manpower, material resources and management costs, will pay a huge price.

Once there is a problem in the enterprise, or the market is saturated, then so many employees will become a huge burden for the enterprise.

Of course, it is not entirely advisable to leave it to someone else, especially when entering a new industry, and the company is not large and the cash flow is not abundant.

The best example is Xiaomi, the so-called hunger marketing, half of the responsibility lies with Xiaomi itself, and the other half is in the foundry, which is not very interested in the face of this kind of difficult processing and not very sufficient orders.

Fang Chen thinks that the best model is the vivi and oppo model, he owns part of the production capacity, and then part of it is handed over to the foundry, if the sales situation is not good, the part of the production staff he owns will not become too much of a burden.

Foxconn, as the world's largest foundry in the future, should be Fangchen's best choice and the only choice.

In the future, there are many, many fields that Fangchen wants to get involved in, if they all choose to manufacture by themselves, Fangchen can guarantee that this manufacturing company will be the largest and largest manufacturing enterprise in the world.

This is by no means something that Fang Chen wants to afford.

This task, Fang Chen wants to hand over to Foxconn.

Foxconn will be an important part of Fangchen's business map, which is why Fangchen wants to own a part of Hon Hai Group.

He wants to ensure that he has some influence over Hon Hai Group.

In this case, in fact, the best thing is to cross-sharehold, so that everyone can be truly tied to a community of interests, with both prosperity and loss.

But it's a pity that Fang Chen can't let Guo Taiming get the shares of Xiaobawang for the time being, and in terms of Xiaobawang's profitability, isn't it too cheap for him.

The other is actually Foxconn itself.

Foxconn is actually not the one everyone remembers, a sweatshop with no technical content, and employees are like robots.

Since the beginning of 00, Foxconn has been the No. 1 exporter in China, with nearly one million invention patents.

Its parent company, Hon Hai Group, has been making great progress since becoming one of the world's top 500 companies in 005, and has been among the world's top 30 companies in 013.

As for the annual turnover in 017, it exceeded 1 trillion Chinese dollars, accounting for about 1.5 percent of China's total GDP, which is equivalent to the weight of the Volga Automobile Plant in the Soviet.

It is also equivalent to twice the total annual revenue of Huawei, Alibaba, Tencent, and Baidu.

Starting this year, Foxconn will step into the fast lane, from an annual turnover of three or four hundred million yuan to a peak of one trillion yuan in the previous life, and its annual operating income will maintain a compound growth rate of more than 60%.

This is an incomparably terrifying figure, China's economy has grown from more than 300 billion yuan in 1978 to more than 80 trillion yuan in 017, an increase of more than 200 times, and its compound growth rate is only 16 percent.

Warren Buffett, known as the god of stocks, has seen his Berkshire net worth increase by more than 3,600 times in the 42 years from 1965 to 006, but its average annual growth rate is only about 21 percent.

Before Fang Chen said that this year is a good year for Foxconn, a year of take-off, and it is precisely because of this.

Fang Chen believes that as long as there are no problems in China's economy, Foxconn, which has more than 1.2 million employees, will still be able to maintain such rapid growth.

History also proves this well, Foxconn's customers include Motorola, Nokia, Dell, Apple, etc., and these companies take a lot of profits.

But Nokia has fallen, Motorola has fallen, and even if Apple and Dell fall in the future, Foxconn may still stand.

The reason is very simple, once these companies have problems with their main products, then the enterprises will soon be unable to bear it.

However, Foxconn is different, and has been involved in too many fields, such as precision electrical connectors, precision cables and assembly, computer chassis and barebones, computer system assembly, key components and assembly without communication, optical communication components, consumer electronics, liquid crystal display equipment, semiconductor equipment, alloy materials, etc.

Foxconn can change its business at any time with the change of the times, and the east is not bright, but the west is bright.

Therefore, investing in Hon Hai Group is definitely a profitable business.

After thinking for a long time, Guo Taiming said hesitantly: "Thank you Mr. Fang for your kindness and the importance you attach to Hon Hai, now that Hon Hai is about to go public, it is really inconvenient to sell shares, and after the listing, Hon Hai is not short of money for the time being." ”

Fang Chen smiled, "Dong Guo, don't be in a hurry to refuse, you can listen to my opinion now." ”

"Guo Dong, do you think Hon Hai is really not short of money As a company with heavy assets and light profits, if Hon Hai wants to make money, it must expand its scale, and expanding its scale must also require money. ”

"Then how did the money come from, naturally it was financed! Then when the time comes, Guo Dong, don't you still have to dilute the shares. ”

Hearing this, Guo Taiming's face was blue and white for a while, and he looked a little uncertain, although he didn't want to admit it, but he had to say that what Fang Chen said made sense.

If Hon Hai wants to expand, then the road of financing is naturally inevitable, so selling shares to Fang Chen does not seem to be acceptable.

After all, Fang Chen is now Hon Hai's biggest customer.

But he is just reluctant, financing now and waiting for Hon Hai to grow and grow for a period of time before financing, the money raised from the same shares is absolutely worlds apart.

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