1993, in the second year of Deng Gong's southern tour, 43-year-old Guo Taiming, accompanied by relevant departments in Shenzhen, went to Longhua Town to select a new production base for the enterprise.

Five years ago, Guo Taiming founded Shenzhen Ocean Precision Computer Connector Factory (the predecessor of Foxconn) in Shenzhen, becoming one of the first Taiwan-funded enterprises to settle in the mainland.

Standing on a hill in Longhua town, the accompanying officials casually asked Guo Taiming how many acres he planned to use to build a factory. He pointed to a barren land in front of him and said heroically, "I want all the land I can see!" " "

Foxconn at this time is not as famous as it is today. In the eyes of many people, it is just an ordinary Taiwan-funded enterprise that makes computer accessories.

The accompanying officials were shocked and thought the Taiwanese businessman was a little crazy, but Guo Taiming said with a smile: I'm afraid these places are not enough for Foxconn to develop.

Crazy is crazy, but people are Taiwanese businessmen after all, and the political effect is far greater than the economic benefit. The entourage did not dare to neglect, and quickly reported the situation to the above and was successfully approved.

Three years later, Longhua Industrial Zone covering an area of 1000 mu was formally established, which is Foxconn Industrial Zone with more than 300,000 employees today. It takes 30 minutes to ride from the south gate of the factory to the north gate, which shows the large area.

This is the earliest factory built by Guo Taiming in the mainland, and it is also the place where he devoted the most effort after starting a business.

In the following years, with Shenzhen as the center, Guo Taiming radiated enterprises from the Pearl River Delta to the Yangtze River Delta, from coastal areas to inland and even overseas, and gradually established Foxconn, an "OEM empire" with more than one million employees and an output value of hundreds of billions.

Today, each production line of Foxconn can produce nearly 600 smartphones per hour on average, and one out of every seven iPhone in the world comes from Foxconn.

After 47 years' pioneering work, Guo Taiming has transformed from a humble "little brother in plastic processing" into the richest man in Taiwan Province worth tens of billions, with a wonderful history of struggle for half a century.

Some people say that he is a ruthless and autocratic "overbearing president", some people say that he is a visionary and courageous management master, and some people say that he is a insincere "playboy".

Guo taiming often contradicts himself when he speaks. He often boasts that he is from Shanxi. He always gives himself gold with "loyalty, filial piety, courtesy and righteousness", but he also says that "businessmen have no motherland, and where there is a market, there is a motherland" and "the mainland needs me, but I don't need the mainland".

Today, 7 1 year-old Guo Taiming walked off the altar.

Second,

19501010.8, there was a loud baby crying in a building called Cihui Palace. Guo, a policeman living here, gave birth to a baby boy.

In the face of embarrassing life, Guo police officer named his son, saying that he would never forget this unforgettable history.

Guo is from Jincheng County, Shanxi Province. He was a soldier and graduated from the Central Police Academy. He fled to Taiwan Province province with the defeated Kuomintang troops in 1948. He has no power or influence, can't afford a house, and has not been assigned to a dormitory. He and his wife can only live near the Mazu Tempel police station.

When I was a child, Guo Taiming and his younger brother and sister were often bullied by their peers because they were strangers, but no matter how many people and how badly they played, he would red his eyes, grab his slippers and beat him to the end.

At home, Guo, a soldier, adopts paramilitary management. Children eat and sleep with a strict schedule, which makes Guo Taiming not only energetic, but also aware that everything must follow the system.

1966 16-year-old Guo Taiming completed his studies in the "Maritime College" by working part-time because of his poor family, switched to military service, and later worked as a salesman in Fuxing Shipping Company.

At the age of 2/kloc-0, Guo taiming entered a pharmaceutical factory in Taipei as a salesman. Because of his diligence, he quickly won the heart of a girl named Lin Shuru, who also worked as an intern in a pharmaceutical factory.

When he was young, Guo Taiming was tall and handsome with a sweet mouth. Lin Shuru was beautiful and gentle, and they soon fell in love.

Not long after contact, Guo Taiming was shocked, only to know that he was not only high flyers of Beijing Medical University, but also the apple of Hong Kong billionaire Lin Baixin's eye.

Such a disparity in family background naturally made the Lins extremely opposed and tried every means to prevent the two young people from being together. Even Guo Taiming's parents stood up and said that they were afraid to climb this marriage.

However, Lin Shuru decided that Guo Taiming was his "the only thrill". No matter how hard his family tried to persuade him, he never gave in. Guo Taiming felt that finding Lin Shuru was a gift from God, and he never compromised.

1975, 25-year-old Lin Shuru finally married Guo Taiming regardless of her family's opposition, ending her five-year long-distance relationship and stepping into the marriage hall.

After grandson Guo Shouzheng and granddaughter Guo Xiaoling were born one after another, Lin Baixin really didn't take a look, so you can imagine his resentment towards his daughter.

Lin Shuru, who wants love instead of bread, is very stubborn. She will leave without coming, or she will leave without coming. She is bent on becoming Guo Taiming's wife and husband.

As it turned out, she was sloppy.

The more determined Lin Shuru's attitude is, the greater the pressure on Guo Taiming. He is the daughter of a billionaire, so he married himself as a "poor boy" without knowing it. What can I say? He has to show his father-in-law something.

At this time, it is the era of the rise of plastic products, and the global plastic processing industry has moved to Hongkong and Taiwan Province. Knowing that there was no future for working, Guo Taiming founded Hon Hai Plastics with 200,000 friends funded by his mother one year before his marriage.

"Hon Hai" is the name that Guo Taiming wants. Hong is the sky and the sea is the earth, which means that he is doing great things between heaven and earth, which has a good moral. Unfortunately, reality actually gave him a hammer.

Third,

Although Guo Taiming was diligent when he started his business, he worked hard day and night. Making money depends not only on diligence, but also on experience, technology, contacts and even a little luck.

Unfortunately, Guo Taiming didn't have these when he was young. In addition, he suffered the first oil crisis in the world, the price of raw materials rose sharply, and the plastic industry was in a depression.

Busy for two years, I didn't make any money, and my partners also withdrew their shares and ran away. Hundreds of capitals were lost, and I was in debt. The families in Lao Guo are so poor that they don't even have money to buy milk powder. The newborn son can only drink rice soup and cry with hunger.

Seeing her husband sighing all day, the family was penniless, so the stubborn Lin Shuru had to pull her face down and borrowed 700,000 yuan from her family to support Guo Taiming.

1976, 26-year-old Guo Taiming took a big order for a black-and-white TV knob with his enthusiastic wife's book.

But when he took the order, he found that he didn't have the technology to produce knob molds, so he had to ask people everywhere to ask the outside mold master to help him complete the production task.

In the whole process of order production, Guo Taiming is keenly aware that plastic processing belongs to the bottom of the industrial chain, mold processing is the core of the whole manufacturing industry, and his thinking is somewhat active.

1977, Hon Hai had millions of assets on its books. At the suggestion of many friends, there appeared two seemingly good "money-making opportunities" in front of Guo Taiming.

On the one hand, Taiwan Province's economy is soaring, taking advantage of the hot real estate speculation; On the other hand, the rise of manufacturing industry has driven the price increase of various raw materials, and you can also make money by hoarding raw materials.

Unexpectedly, Guo Taiming chose to spend all his money to buy the most advanced Japanese mold machine and hire professional technicians.

He believes that land speculation and raw material hoarding are speculative activities. Only by engaging in industry and mastering core technologies can we make steady profits.

Nevertheless, during this period, Guo Taiming suffered great pain. While he kept spending money on training technicians and working overtime to maintain new machines, he watched the prices of land and raw materials that were originally available at his fingertips double and double, which made everyone feel depressed.

Not only that, Guo Taiming also moved his company to a remote Tucheng, a prison for economic criminals.

He is worried that if any economic problems are committed, employees can at least report the situation nearby and let the company continue to operate.

Besides being afraid of doing business, Guo Taiming is also poor.

One year during the Spring Festival, after Guo Taiming handed out the year-end bonus to the employees of the company, there was only 2,000 yuan left in his pocket, so he had to leave 1 1,000 yuan to buy a New Year's Eve dinner for his family, and the remaining 1 1,000 yuan was symbolically wrapped up by his wife when she returned to her mother's house to make up a facade.

Fortunately, his wife Lin Shuru has been encouraging him. After all, she is a college-educated high flyers. Convinced that her husband's decision was correct, she let him go.

I have to say that getting the support of my family at any time is the most crucial step towards success.

Nearly four years later, Guo Taiming resisted the temptation and worked hard. With advanced technology and equipment, he keeps receiving orders for electronic parts from Europe and America, and his business keeps rising, but the career of friends who make quick money comes to an abrupt end.

Fourth,

1980, Hon Hai's business was really booming, but 30-year-old Guo Taiming was a little unhappy.

Guo Taiming often visits Japan because he buys equipment. He found that Japan is a "hen raising chickens" model, and large factories support small factories to become their own "satellite factories" and make money together.

Looking back at Taiwan Province Province, big factories bullied small factories, and small factories fought price wars with each other endlessly. It is not uncommon that the factory closed down and the legal person was locked up for failing to pay the loan.

Therefore, Gou made a decision: instead of visiting local factories in Taiwan Province, he went to do business with Americans. It was this seemingly "foreign worship and foreign flattery" decision that gave birth to the later famous Foxconn.

From 65438 to 0985, Guo Taiming received an order to produce connectors for computer enterprises, and was officially linked to the "computer industry" from then on.

Because he wanted to enter the international market and become an entrepreneur, Guo Taiming got the name "Foxconn".

Fox means fox, which means that enterprises should be as flexible and agile as foxes. CONN is the abbreviation of Connector, and the nature of the enterprise is clear at a glance.

This name is worthy of the name. When developing connector production equipment, Guo Taiming, who didn't know many processes, declared: "There are four paths to success: replication, research, creation and invention".

It is this flexible and somewhat cunning corporate culture that has enabled Foxconn to grow rapidly, from mold processing to more complicated "personal computer" production links.

In order to explore overseas markets, Guo Taiming went to the United States alone to find customers. In a few weeks, by eating hamburgers and staying in motels every day, he traveled to 32 of the 5/kloc-0 States in the United States for 12 dollars.

With the explosive growth of the global information industry, Guo Taiming's luck has also come. Foxconn's professional equipment and technology have been recognized by overseas merchants and won many OEM orders.

Relying on the strength of early R&D, other companies need several months to complete the process from design to mass production. Foxconn only needs a few weeks or even less, and the price is actually lower than that of its peers.

In 1988, Foxconn was already a large enterprise with more than 1000 people, and its income exceeded 10 billion yuan, making it an important technology-based processing enterprise in Bao Dao.

But in this year, 38-year-old Guo Taiming made another important decision: to relocate the entire production base to the mainland.

Although the mainland has introduced many policies to support Taiwanese businessmen to set up factories in the mainland in order to promote reform at this time, most of them are waiting to see, and few enterprises are really willing to put them into practice.

Five,

Guo Taiming dared to break through the cross-strait political risks and set up a factory in the mainland, which was both cost-conscious and forced.

With the rapid economic development in 1980s, the cost of land and labor in Taiwan Province Province soared. For the same type of work, the labor cost in Taiwan Province Province is five times that in mainland China, and no one can be found with money.

At the same time, compared with various preferential policies in Chinese mainland, Taiwan Province Province has always let itself go, making things difficult and discriminating against small and medium-sized enterprises.

Because of this, Guo Taiming came up with the plan of "Hon Hai" going global.

At this time, the mainland not only gave Taiwan businessmen great preferential treatment in land policy, but also gave full care and support in taxation and recruitment.

Therefore, after the establishment of Foxconn Industrial Park in Shenzhen, Guo Taiming confidently said: "The mainland will be the experimental battlefield for our future manufacturing technology, where we will challenge the highest level of manufacturing and sales."

After taking root in Shenzhen, Foxconn officially entered the fast lane of development, and with its high cost performance and high efficiency, it snatched many orders from precision manufacturing enterprises in Japan, South Korea and other countries.

During the construction of Longhua's new factory, Foxconn happened to catch up with a batch of orders for Compaq computers at the temporarily rented Huangtian factory, which were snatched by Guo Taiming from South Korea's LG.

There is still one day before the delivery deadline, and there are still more than 10 thousand computer cases unfinished, which will be stipulated soon. Guo Taiming personally led all employees to go to the assembly line in turn in groups A and B, and stopped personnel and equipment within 24 hours.

At 5: 57 in the morning, all the goods were produced and packaged, three minutes ahead of schedule.

Efficient and punctual, the price is lower than that of peers. At the same time, in order to dispel the concerns of partners, Foxconn patted its chest and promised to only do OEM work and never do related brand goods.

Such an enterprise is hard to find with lanterns. Guo Taiming, who has been practicing signing contracts for many years, finally had the opportunity to sign his name on the cooperation agreements with industrial giants such as IBM, Intel, DELL and Sony, and money poured in like water.

Doing OEM is to make money, but it also depends on when it is the most cost-effective. The shrewd Guo Taiming has been calculating the accounts in his mind.

Although mobile phone OEM is Guo Taiming's most profitable project, including the TFT-LCD field later, Foxconn is not the earliest entrant in these markets.

Before 1999, when domestic foundries rushed to grab the mobile phone OEM business, Guo Taiming felt that the manufacturing cost of mobile phones was too high, and he continued to do the personal computer OEM business no matter how invited by the manufacturers.

It was not until 2000 that Guo Taiming felt that mobile phones had become an indispensable communication tool for the public, and he was in no hurry.

With excellent quality and technology, Foxconn successively won a large number of orders from many international mobile phone brands, and soon monopolized the global mobile phone OEM industry.

Steve Jobs of Apple secretly met with Guo Taiming because he appreciated the quality of the mobile phones made by Foxconn for Motorola and handed over the production task of iPhone to Foxconn.

In 20001year, Hon Hai earned NT$ 65.438+NT$ 44.2 million, making it the leader of private enterprises in Taiwan Province Province. Foxconn ranked second among the "Top 200 Export Enterprises in China", accounting for 6.2% of the total export value of Shenzhen at this time.

Just one year later, this figure has become 345 billion yuan, and its performance has increased by 70%. The 52-year-old Guo Taiming ranked198th on Forbes Rich List with a net worth of US$ 2.3 billion this year, and was the "richest man in science and technology in Taiwan Province Province" for four consecutive years.

Since Guo Taiming moved to the mainland to establish Foxconn, the average annual growth rate has exceeded 60%, and the global market share and revenue have soared, making him almost the overlord of EMS (professional manufacturing service provider) in the world.

Foxconn's success is naturally inseparable from the meticulous management that Guo Taiming has been striving for, but it seems that there is a little less human touch in it, and big troubles have followed.

Six,

At the beginning of 20 10, the first worker of Foxconn in Shenzhen jumped off the building.

Guo taiming didn't care at first. For millions of employees, it is normal to have one or two calm suicides.

Unexpectedly, in just 9 months, 14 Foxconn workers jumped off a building.

Public opinion was in uproar, the stock price fell, the official questioned, and Guo Taiming was also confused.

Guo taiming is not ignorant. After his fifth suicide, he voluntarily announced a salary increase for all employees, then invited the media to visit on the spot, and invited several "young ladies" to wander around the factory as psychological counselors.

Not counting this, Guo Taiming also invited 30 eminent monks from his hometown Wutai Mountain in Shanxi Province by private jet to do things for the deceased, and he knelt down and prayed silently.

It's no use. A few days later, another Foxconn employee jumped off the building.

Guo Taiming sighed and had to adopt an extremely simple and rude method to install barbed wire outside the workers' dormitory.

The effect is immediate, and the employees who jumped off the building are gone, but the price of wires in Shenzhen has all gone up this year.

Aside from feng shui, employees' continuous jumping off buildings is inseparable from Foxconn's strict management system.

It is said that in Longhua, Shenzhen, as long as you see a worker whose eyes are blurred and who is not awake, it must be a Foxconn employee.

Guo Taiming, who received militarized education and served as a soldier since childhood, adopted a set of militarized management for Foxconn. Simply put, it is to run all the processes from life to work and treat workers as "humanoid robots".

Foxconn employees need to undergo military training before joining the company, and the work and life in the park must be strictly implemented in accordance with Foxconn's employee handbook.

According to the manual, when working, no matter sitting or standing, everyone must listen to the whistle and act in unison, even if they just stand, they should stand in a military posture like soldiers.

Even if it is a simple welding job, the workers on the assembly line also have a whole set of processes such as scanning, picking up goods, welding and finishing. They just have to shake their heads about the operation and never look around.

The whole set of movements is repeated thousands of times a day, and people are not stupid.

Chatting in the factory for more than three times will be warned and fired directly; You can't go to the toilet for more than 10 minutes ... This rule is strictly instilled by employees when they join the company.

The factory implements strict superior and subordinate management. You can clearly see what class he belongs to through different clothing colors, and his accommodation and walking routes are completely different.

More unique is the dormitory layout of Foxconn. Villagers and villagers will never arrange to live in the same room. What they are afraid of is that chatting will delay their work or make trouble in series.

In addition, Foxconn workers not only don't have food and shelter, but also outsource everything in their lives, and the laundry and cleaning are undertaken by specialized companies.

It's not that Foxconn cares so much about workers, but that it can save uncontrollable money and time costs and let workers concentrate on their work.

Management is not easy either. Meeting every day is like holding a military meeting. Not to mention, Guo Taiming has his own "urine theory" and often teaches "Is your urine yellow?" Not yellow? That proves that you are not working hard enough. "

This is actually the so-called "refined management of assembly line" that Guo Taiming learned when he cooperated with foreign brands, and it is also the basic principle of assembly line operation today, ensuring that everyone and every part in the enterprise meet the industrial production standards and can be controlled.

The problem is that foreign managers have long realized that this kind of behavior is somewhat anti-human. Through large-scale equipment upgrading, manual operations have been turned into automated operations, and the rights and interests of workers have been effectively guaranteed.

But when I came to Foxconn, I was greedy for cheap labor for decades, and I planned to hand over the processes that should have been automated by hand.

A good living person has become a "robot", and the result can be imagined.

Seven,

The reason behind it is simple. Foxconn's long-term price is much lower than that of its competitors, because its gross profit is unimaginable.

OEM an iPhone with a value of $65,438+0,000, the big head is naturally taken by Apple, and the small head belongs to manufacturers such as Japan and South Korea. Foxconn's revenue is less than 10. If operating costs are deducted, the net profit may be less than $65,438 +0.

As a result, Foxconn, with an average gross profit of about 3%, can only continue to operate by reducing costs. The wool comes from the sheep, and the profits will naturally be squeezed from Foxconn workers.

When Foxconn was founded in Shenzhen, the average labor force in Taiwan Province Province was five times that in Chinese mainland. Counting the various policies given by local governments to attract foreign investment, the cost of Guo Taiming is much lower than that of his peers.

Unexpectedly, even though Foxconn's management is harsh and inhuman, there are still long queues of job seekers at the gates of Foxconn factories all over the country when jumping off buildings occurs one after another.

Because compared with other companies, Foxconn has the highest salary and the most formal management. It's a little scary to think about it.

In fact, Guo Taiming also has his own considerations.

The key to Foxconn's success lies in Guo Taiming's "systematization of cost reduction", that is, effective cost control and efficiency improvement in the whole process, which is also known as the "deficit order, black-letter delivery" system.

"Taking orders in deficit" refers to grabbing orders from opponents at the lowest price, disassembling all processes by strictly controlling the accuracy of production processes and equipment operation, and assessing management at different levels.

The steps after decomposition will improve the cost control to the extreme, and finally achieve the result of "black-letter shipment" in which customers are satisfied and they can still make profits.

In addition, when new technology products appear on the market, Guo Taiming rarely becomes the "first person to eat crabs". Always wait for the market scale to expand and the product system to be standardized, and then win under the banner of invincible price.

Not only that, Foxconn, which has more than 10 R&D centers and tens of thousands of R&D engineers in the world, has already turned from simple OEM to high-tech research fields such as AI intelligence, 5G communication and precision manufacturing, and has crushed countless potential competitors with technology.

In the brutal competitive business environment, Foxconn, which is brave and good at fighting, has gradually become a "fragrant bun" that can directly boost GDP in the eyes of local governments.

At the 20 18 world internet conference in Wuzhen, 68-year-old Guo Taiming said: Foxconn's output value accounts for 3.9% of China's GDP exports, 3.6% of imports, and nearly 300 billion of the national GDP. The next step will be to strive to increase it to five points.

No wonder when Foxconn was preparing to March into Henan in 2009, the Henan provincial government even issued a special document to help recruit people from the county and village levels, and every worker could still get subsidies from the 200 yuan government.

Originally, some media questioned that the Henan government was posting hundreds of millions of dollars to please Foxconn, but after Foxconn completed many layouts in Henan, people who saw the numbers kept their mouths shut.

In 20 19, the total import and export value of Henan increased rapidly from less than 20 billion yuan to 500 billion yuan in ten years, and the import and export value of Foxconn alone accounted for 60%, and Henan successfully entered the top ten foreign trade provinces in China.

The same is true in Sichuan. After Foxconn moved in, the total import and export value of goods in Sichuan increased from less than10 billion to 300 billion, and the import and export value of a Foxconn enterprise in Chengdu accounted for 19.2% of the whole province.

Kunshan, Yantai, Chongqing, Guiyang and other provinces and cities have also introduced Foxconn, which not only benefited from import and export trade, but also improved the level of industrialization and modernization of cities.

It is undeniable that the arrival of Foxconn not only solved the employment problem, but also brought a series of upstream and downstream industrial chains. The rapid upgrading of local high-tech and electronic industries directly changed the economic production system of the whole city and even the whole province.

Therefore, no matter where Guo Taiming goes to the mainland, the local top leaders will basically see the "God of Wealth" in person.

Eight,

At Foxconn, chairman Guo Taiming is a god-like existence.

On the one hand, his words are posted in every corner of the park as quotations, on the other hand, countless people sing praises around every day.

In this way, it is not surprising that some floating Guo Dong talk nonsense like "Foxconn has raised many mainlanders".

No matter how powerful Foxconn founded by Guo Taiming is, he is essentially a businessman who puts interests first.

In the past two years, following the footsteps of big companies such as Apple, Guo Taiming has quietly built tens of billions of new factories in India and Vietnam, which is a normal performance of businessmen seeking profits.

The emotional life of this "God of Wealth" with hundreds of billions of dollars is also notoriously impetuous and changeable.

On March 2, 2005, his wife Lin Shuru died of breast cancer. Just a few days ago, 55-year-old Guo Taiming was just elected as the richest man in Taiwan Province on Forbes list.

Perhaps his wife, suffering for many years, failed to see this day. Guo Taiming faced the camera and cried sadly. "God is unfair to me."

In order to thank his wife for accompanying him all the way, Guo Taiming spent hundreds of millions to buy an old castle named after Lin Shuru in the Czech Republic, which was passed down as a much-told story.

Unfortunately, when his wife was still alive, Guo Taiming made a "mistake that only men make" and had sex with a female employee of a financial company, which brought her a lot of trouble.

Finally, it was Lin Shuru who reluctantly joined hands with Guo Taiming and sent him to prison for extortion.

It is estimated that Mr. and Mrs. Wu Xiubo later got the message about this wave of Sao operation and put what they have learned into practice.

After Lin Shuru left, Guo Taiming repeatedly told the media that "the wife is irreplaceable".

But as the saying goes, "a man's mouth is a deceptive ghost", and Guo Taiming seems to have let himself go after his wife left, having an affair with many female stars.

Among them were Lin Chi-ling, who danced closely with him, and Carina Lau, who attended public occasions with his fingers clasped. As for other little stars on the 18th line, there are countless more.

A series of hot news made Mr. Li Ao look down upon it and bluntly said, "He pulls women without standards, like a small animal in heat."

Whether it was an impulse or not, Erling disappeared from Guo Taiming and was replaced by Ceng Xinying, a dance teacher 24 years younger than Guo Taiming.

Interestingly, this Ceng Laoshi is the dance teacher who guides Guo Taiming and Lin Chi-ling to dance, and their relationship can't help but make people fantasize.

In 20 18, 68-year-old Guo Taiming married 44-year-old Ceng Xinying. At the wedding scene, Guo Taiming, who was in his prime, did 30 push-ups on the spot, pushing the atmosphere to a climax.

Taiwan Province media specially asked Gou why he was infatuated with Ceng Xinying. He said sincerely, "I can't smell money from her."

This kind of speech is not harmful and insulting. I wonder what female stars such as Lin Chi-ling and Carina Lau think about this.

The original Britney Spears died today. Guo Taiming's association with female stars can be said to be impulsive, but it is definitely true love for the Foxconn empire he built himself.

Although Guo Taiming indicated that he would retire from 200 1, in 18, he still carried the banner of Foxconn alone after a series of unexpected events, such as employees jumping off buildings, the death of his successor's brother and the global financial crisis.

2065438+June 2 1, in 2009, at the age of 69, Guo Taiming finally announced his retirement and handed over the post of chairman of Hon Hai to Liu Yangwei who had followed him for decades.

From China to the United States, to Europe, South America and Africa, Foxconn has factories in more than half of the global villages. The billion-dollar empire established by Guo Taiming is a commercial miracle in the eyes of China people.

Many people will definitely talk about Guo Taiming's pattern and vision, but in fact, if he hadn't stepped on the footsteps of the mainland's economic take-off for 40 years and enjoyed countless preferential policies and decades of demographic dividends, Guo Taiming might not have achieved today's results.

People standing at the air outlet may fly into the sky or suddenly fall from the clouds.

With the decline of the demographic dividend in mainland China, Foxconn's cheap labor resources are shrinking rapidly, and there are many quiet competitors like BYD and Luxshare around. How can this make retired Guo Taiming feel relaxed?

Foxconn, which left Guo Taiming, still needs to wait and see where to go.