Foxconn CEO Liu Yangwei: We will not enter semiconductor manufacturing in the next 3-5 years, and will focus on design and packaging

Foxconn Chairman Liu Yangwei said that in the next 3-5 years, Foxconn will not enter the semiconductor manufacturing industry, but in the packaging sector, the group's Xunxin has many years of experience and it is a natural development. The IC design has also done a lot in panel driver ICs. As for the SoC chip part, since the industry has not yet taken off, we will see it after it does.

Foxconn held a financial report press conference on the 13th, and Liu Yangwei made the above statement regarding the group's semiconductor layout plan.

Liu Yangwei said that Hon Hai will enter the field of ICs priced below $2, including power ICs, driver ICs and control ICs, but will not enter the field of mobile phone processing chips, because entering the field will not benefit itself or existing suppliers. He emphasized that what Hon Hai needs to do is to improve the overall gross profit margin and focus on future industries.

As for Foxconn's global layout plan, Liu Yangwei said that the capacity planning of projects and production depends on how customers allocate them. At present, Southeast Asia, Vietnam, Mexico, etc. are all very hot countries, and Foxconn will not be absent, otherwise it will fall behind. As for Wisconsin, it will continue to promote it, and it is definitely not like the rumors outside that there will be a reduction.

Liu Yangwei pointed out that because the competitive environment and industrial environment are changing, the adjustment of investment projects is a very natural phenomenon. After all, Foxconn is not a government agency or a research institute, it is impossible for it to remain unchanged for 10 years, not to mention that many unexpected things will happen, so the group will adjust according to the situation.

As for Foxconn's announcement on the 13th that it will increase its investment in Asia Pacific Telecom, Liu Yangwei pointed out that 5G will bring many business opportunities. Due to the increase in speed and reduction in latency, the product applications will be more extensive and will affect all aspects of human life, so 5G will not be abandoned.

Liu Yangwei said that Foxconn has seen the future of smart life and has done a lot of work with Asia Pacific, but due to the current limitations of 4G, it cannot be felt. After entering 5G, it will happen. Asia Pacific Telecom provides services, and Foxconn will also have more products and more value-added services, which can be expanded through Asia Pacific.

Finally, regarding the trade war, Liu Yangwei believes that psychological warfare now accounts for a larger proportion. Whether it will continue depends on the negotiators. The way to deal with it is to be very flexible and prepared, because changes may occur at any time. For example, changes can be felt on Twitter today.