Luxshare was founded in 2004 by Ms. Wang Laichun, a former Foxconn executive. Because of his efforts, he was highly valued by Guo Taiming. He jumped from a migrant worker in a small place to an executive of Foxconn at that time.
When the time was right, Wang Laichun resigned from Guo Taiming and started his own business. Instead of chasing her company, Guo Taiming handed over some of Foxconn's business to Luxshare. In this way, Luxshare grew bigger and bigger with the help of Foxconn. In just six years, Luxshare went public.
After listing, Luxshare has made rapid progress, its business scope has become wider and wider, and there are more and more cooperative manufacturers. On July 17, 2020, Luxshare spent 3.3 billion yuan to acquire the iPhone business of Wistron Group, which also indicates that Foxconn is not the only OEM of Apple in the domestic OEM field, and Luxshare won a big order for Apple by its own strength.
The road to acquisition was out of control from the beginning, and Luxshare started a big move. 202165438+1On October 28th, Luxshare officially announced that it had invested 6 billion yuan in Nikko Computer, holding 50.0 13% equity and directly holding Nikko Computer.
So what is the intention of Luxshare's operation?
According to the data, Rikai Computer Accessories Co., Ltd. was established on 20 17, and the company is mainly engaged in technical development and services in the field of computer accessories technology.
Therefore, Luxshare holding Nikko Computer has two advantages for itself.
The first point: Luxshare itself is the OEM and sales of connectors, connecting wires and wireless charging. Its technical scope is limited to this. Previously, Luxshare worked as an OEM for Apple headphones and was also favored by Cook. But if you want to continue working at Apple, what if you don't have technology?
The most direct way is to acquire relevant business companies to make up for the technical vacancy. I spent a lot of money to buy the iPhone business of Wistron Group. It can be seen from this point that Luxshare is bound to win more OEM business for Apple.
This time, the acquisition of Japanese armor should be the same. Some time ago, Apple just released a notebook computer with a brand-new self-developed chip M 1. Here Luxshare made a big move to acquire computer accessories related companies, with a very clear purpose. This is a further step for Li Xun Precision to contract Apple's computer business in the future.
The second point: it is not so easy for Luxshare to completely replace Foxconn. After all, Foxconn has been deeply involved in Apple for many years. What's more, Foxconn's factory can move around with Apple, which can be said to be Apple's "imperial foundry", which indirectly illustrates Foxconn's strength.
It is not impossible for Luxshare to completely replace Foxconn, but its own strength needs to grow. Self-developed technology needs time, energy and money, so acquisition is the most direct way. It can not only increase its own business scope, but also increase the scale of the company and show its strength.
Guo Taiming's Foxconn currently has a very wide business scope, including computer, communication, electronics, automobile, access and other 6C industries, while Luxshare is still slightly inferior to Foxconn.
At present, Foxconn's global market value has exceeded 70 billion US dollars, with 6,543,800 employees and 470,000 technical patents. On the other hand, Luxshare has a market value of 368.9 billion yuan and 78,000 employees. Compared with Foxconn, its technology patent is only 9 Niu Yi cents.
From the data shown in the data, it is not difficult to see that the gap between Luxshare and Foxconn is still very large, so can this show that Luxshare has not surpassed Foxconn's hope?
The answer is naturally no.
Although Foxconn is much higher in scale than Luxshare, in recent years, Foxconn's various behaviors have not been well received by Chinese people. For example, Guo Taiming's phrase "Foxconn sends food to mainland workers" has hurt many Foxconn employees.
Foxconn followed Apple to move its factories to India and Vietnam, causing irreparable losses. And it's not that easy to get it back.
Luxshare accelerated before, and then BYD besieged and banned it. Foxconn's market share in China will be less and less. Without a correct attitude, there is a great possibility of being surpassed by Luxshare. By then, Foxconn's position as a leading OEM may be lost.
Luxshare has a fierce development momentum and will become the next "Foxconn" and the leading OEM in China, and Foxconn's market share will be gradually eroded.
The business world is like a battlefield. Guo Taiming did not expect that the former Foxconn working girl could become the richest man in Shenzhen and set up a foundry giant to compete with Foxconn, which has been deeply cultivated for decades.
Luxshare is still young and has a long way to go. As a rookie in the field of OEM in China, Luxshare delivered a satisfactory answer sheet. Although there is a shortage of technical patents, Luxshare is also trying to make up for this vacancy.
It is believed that in the near future, Luxshare will surpass Foxconn in scale and win the leading position in the field of OEM in China.