Recently, many media outlets reported that Apple was returning production to China, and that Foxconn was also following suit, increasing its focus on Chinese manufacturing.

Why is this happening? The main reason is that India has proven to be challenging, with a shortage of qualified labor and an incomplete industrial chain. This has led to low yield rates when producing iPhones in India, as well as issues such as excessive levels of E. coli bacteria.

As a result, many people have mocked Foxconn, saying that they initially sought to piggyback on Apple's success by moving to India, but have now faced setbacks and realized that Chinese manufacturing is superior.

So, has Foxconn really withdrawn from India and returned to China? In fact, that's not the case.

Recently, Foxconn Chairman Young Liu told the media that Foxconn has already invested over $10 billion (approximately 71.673 billion yuan) in India, creating nearly 50,000 local jobs, and plans to increase its investment next year.

Liu said, "After visiting various Indian states, I feel that India is on the rise, and Foxconn wants to be a part of it. We will grow together with India."

It is clear that Foxconn has no intention of withdrawing from India but rather plans to continue increasing its investment there.

Why is this? The reasons are straightforward. Firstly, the Indian market has enormous potential. With a larger population than China and a less developed economy, India has significant room for growth.

Take mobile phones as an example. Currently, India sells only about half as many mobile phones annually as China. In the future, sales in India may catch up with those in China, representing significant growth potential that Foxconn is keen to tap into.

Meanwhile, Apple has not withdrawn from India either, though it has slowed down its expansion plans there. Apple still intends to shift more production capacity to India, which means Foxconn will not retreat but rather increase its investment.

Of course, Foxconn will not abandon the Chinese market either; it is simply hedging its bets on both fronts.

For a large company like Foxconn, it is essential to diversify its investments. In recent years, Foxconn has invested in Vietnam, India, the United States, and other countries.

Similarly, Foxconn is also expanding its investments in China. These moves reflect Foxconn's global strategy of exploring multiple avenues for growth. Since India has not yet reached the point of failure, Foxconn has no plans to withdraw.

Whether Foxconn will eventually withdraw from India remains to be seen, depending on how its operations there develop in the future. At present, there have been no major setbacks forcing Foxconn to retreat.