As a major electronic product exporter in Shandong, Foxconn will build the world's largest LCD color TV base in Yantai, with a design scale of 30 million units. Upon completion, it will add 90 billion yuan in output value and create 50,000 new jobs. In addition, Foxconn, which is known as a "representative factory," will gradually increase its "generation design" and "on behalf of sales" businesses, and expand its domestic sales share.
The data shows that at present, Foxconn has formed computers, game consoles, PCB circuit boards, chassis, mobile phones, DVDs, LED lighting, and LCD TVs in eight leading products in Yantai, Shandong. In 2010, the export value reached US$9.08 billion, accounting for the total export volume of Shandong Province. Nearly one-tenth.
According to the plan, Yantai Foxconn Industrial Park will speed up industrial upgrading, change the traditional single OEM production model, and realize the development from generation to generation to design and generation sales. Launched the "Wanma Pentium Plan" to establish a headquarters in the Yantai Economic and Technological Development Zone, set up specialty stores in cities across the province, and increase the domestic sales of electronic products.
At the same time, Yantai Foxconn will negotiate with Sony customers to build the world's largest LCD color TV base in a joint venture with a design scale of 30 million units, which will add 90 billion yuan in output value and increase the employment of more than 50,000 employees.
In addition, Yantai Foxconn Industrial Park plans to speed up industrial agglomeration, and on the basis of more than 100 upstream and downstream affiliates that have already invested a total investment of 3 billion yuan, it will strive to introduce 50 core supporting companies in 3-5 years to improve the electronic product industry chain; The launch of the LCD TV project was an opportunity to introduce LCD panel module projects, and to accept TV commercial orders from domestic brands such as Haier and Hisense.
With the launch of the Yantai Economic and Technological Development Zone to start the construction of an urban sub-central opportunity, Yantai Foxconn Industrial Park will also expedite its outsourcing, convert 100,000 employees and an annual spending capacity of nearly 1.5 billion yuan into a new engine that will drive urban modernization and regional economic development. Subcontracting services such as catering and logistics will create more job opportunities.
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