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I don't understand what Foxconn's endgame is. Did they really have a good-faith plan to build a mega factory going into this? And then they failed because of b
by _RPL5_ 6y ago
I don't understand what Foxconn's endgame is.
Did they really have a good-faith plan to build a mega factory going into this? And then they failed because of befuddling incompetence as the article suggests? Or did they do the whole thing as a Potemkin village to curry favor with the Trump administration? If so, where did they cash it in? Seems convoluted.
Occam's razor says it was incompetence, but how does Foxconn get on in the world if they are so dysfunctional? Shouldn't they be bankrupt by now?
- ikerdanzel 6y agoFord did something similar in Brazil many decades ago. Google too with its massive book scanning many years ago. I think it is more of incompetence and gutsy "let's try" like a bridge to nowhere hoping dumb luck to happen. Yahoo's investment in Alibaba is a good example. No one would say Yahoo has incredible Buffet-level-competent team knowing Alibaba is great investment prior.