Guo Mings challenge.docVIP

 PAGE \* MERGEFORMAT 19 Guo Ming’s ‘challenge’ Hon Hai Group Chairman old Guo is always stunned his recent Fangchuhualai is expected within two to three years in mainland China invested 10 billion Taiwan dollars, creating more than 10000 channels, 3C and appliance stores. This goal, if achieved, Hon Hai will no doubt replace the Gome and Suning, and became the 3C industry, the ‘path of the king’. ‘The next customer OEM products, appeared later, we sent to the store to go directly to help him, in the middle do not need inventory management, but also help customers to ship directly to reduce logistics costs. ‘In Hon Hai’s Foxconn latest in a mobilization meeting, the Kuo Ming to his employees described the Group’s development blueprint - 3C industry chain, the Kuo Ming firmly installed in the enterprise in addition to foundry industry boss, but also handles stretch channel link. Terry Guo said at the conference, Foxconn is now Europe’s largest distributors (ie, a unit of Metro’s Media Markt.), Is planning to 3C product store to open in mainland China. The two sides will jointly build in mainland China’s leading consumer electronics channel. In this connection, the two sides have signed a memorandum of understanding. The first Media Markt store bilateral cooperation will be stationed in Shanghai in 2010, the two sides of the joint venture company’s headquarters will be located Shanghai. Hon Hai Group, ‘and shops scheme’, in addition to joint venture with Metro Media Market, a subsidiary of Guangyu will rely on the use of their investment 3C channel ‘Cyber Digital’ to 3C chain store expansion. Cyber Digital is currently in mainland China already has about 40 chain stores. Guo Ming reason we need to do ‘King of access’, because a lot of OEM business time to ‘rely on rain-fed’, only those with a channel and brand, the enterprise’s profitability and ability to resist risks can be further strengthened. Guo Ming move is intended to follow the example of a unified f