| | | Foxconn receiving more short lead-time orders, performance to be even better in 3Q16, says chairman
Ninelu Tu, Guiyang; Steve Shen, DIGITIMES [Wednesday 25 May 2016]
Foxconn Electronics has been receiving more short lead-time orders recently amid structural changes
of global economy, and this has resulted in an increase in overtime hours at its factories, according to
company chairman Terry Gou.
Foxconn's performance will become even better in the third quarter of 2016, Gou said during a briefing
meeting with China's Premier Le Keqiang prior to the opening of Guiyang International Big Data Expo
2016 to be held in Guizhou province, southwest China from May 25-29.
Restructuring of human resources will be one of the greatest challenges to businesses worldwide in the
future as over 47% of job opportunities will be replaced by machines in the next 20 years, Gou said,
noting that the machine means data analysis plus smart applications.
As one of the participants of the Big Data Expo, Foxconn is striving to build an information management
platform that will address and integrate six business flows - personnel, commodity, and logistics physically
as well as information, financial and technology virtually, Gou said.
Based on the platform, Foxconn will be able to build up smart and environmental friendly plants with cloud
networks, high intelligent capability and mobility, Gou added.
Participants of the briefing meeting also include HTC chairperson Cher Wang, Dell president Michael Dell,
Huawei president Ren Zhengfei, Baidu chairman Robin Li, Xiaomi CEO Lei Jun and India-based NIIT CEO
Rahul Keshav Patwardhan.
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