Wistron, which employs 120,000 people and operates 12 factories globally, like many sees India as a potential alternative to China. However, the business approach that worked in mainland China for Wistron may not succeed in India.
“The macroeconomy doesn’t look that great . I believe the whole industry will face pretty strong headwinds,” Lin said. “We need to consider how we can overcome that,” Lin said.
Now, he said, businesses like Wistron that create value by gathering up parts and putting them together increasingly need to build multiple locations around the world. Though Wistron can do the final assembly just about anywhere, Lin said, getting key components from its upstream suppliers is becoming more of a problem. “From our standpoint, a couple of difficulties will happen” with the new model, he said.
That could include a long-term commitment to buy parts that can be stored close to Wistron’s growing factory network. Yet that also involves more inventory planning by both. “They can build inventory nearby our plants, so we can all enjoy the so-called short supply chain. Then the difficulty is how to accurately project” demand, he said.
“We already have what I would say is the ‘first-phase preparation’ of a global footprint in different stages of readiness. For instance, in Mexico, we have a full operation. But we are just building our new factory in Vietnam and also just built another in Malaysia. That means that for these two regions, we probably aren’t at an infant kind of stage, but maybe are in primary school. It’s still an early stage.
But India has some differences from China. “About 20 years ago when we first went to China, we talked with the local government in China, we set up our factory, and then we had our operations in China,” he recalled. Government efficiency was quite strong during the time — China eagerly needed the investment “and was aggressive to do whatever they could do in order to speed up all of the processes.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
iPhone maker Foxconn reports slump in revenue after unrest and Covid outbreak at key China plantFoxconn reported a slide in November revenue, with a 'portion of shipments being impacted' by the Covid outbreak in Zhengzhou, where it makes iPhones.
Weiterlesen »
Culinary favorites stir thoughts of family from Kentucky to India, China and beyondWe asked NPR readers and listeners to share their favorite family dishes. Try your hand at making these curries — plus a recipe for a slow-cooked country ham and others.
Weiterlesen »
Covid restrictions hit iPhone maker FoxconnThe electronics manufacturer says its revenue in November is down 11% compared to 2021.
Weiterlesen »
BAC's hydrogen fuel-cell future – why this British sports car maker isn't going electric | EvoWe talk to BAC about the future of its Mono supercar and why it isn't going electric...
Weiterlesen »
CEO of Louisville solid-state battery cell maker steps down; Solid Power looks for replacementDoug Campbell has resigned as CEO of Louisville-based Solid Power, a developer of solid-state batteries, considered the next evolution in electric-vehicle technology.
Weiterlesen »