Ditto for China's time as the world's factory.
The story refers to Young Liu as Foxconn's Chairman but I think he is co-Chair with Gou.
From The Nikkei Asian Review:
TAIPEI -- Foxconn, the world's largest contract manufacturer and Apple's most important supplier, said nearly one-third of its production capacity is now outside of China, a figure that will likely keep growing due to the "inevitable" decoupling of Chinese and American supply chains.....MUCH MORE
"The global trend toward a G2 [group of two] is inevitable. How to serve the two big markets is something that we've always been planning for," Foxconn Chairman Young Liu told an investors conference in Taipei on Wednesday, referring to the U.S. and China.
Liu said in addition to Foxconn's investment in the state of Wisconsin two years ago, the company has been increasing capacity in Mexico, Brazil, Southeast Asia and India to brace for further developments between the world's two largest economies. Foxconn has iPhone assembly capacity in India, where it makes the iPhone XR, the model launched in 2018, and recently began making the iPhone 11, the flagship model introduced in September last year. Foxconn also expanded its manufacturing capacity in Vietnam last year.
Foxconn is not the only tech supplier with its eye on India. Rival iPhone assembler Pegatron setup a subsidiary in the country last month to start building up its manufacturing capacity there. Smaller rival Wistron, which recently sold one of its iPhone facilities to emerging Chinese competitor Luxshare Precision Industry, announced on Wednesday that it plans to inject $45 million into its India facilities.
Foxconn, which also counts HP, Dell, Cisco, Nokia, Google and Tesla as its clients, has manufacturing footprints in 16 countries and was one of the earliest tech suppliers to respond to U.S.-China trade tensions....
