Foxconn founder Terry Kuo has said that in the future, there will be only G2 (the US and China), not G20 in the world. The ideological battle will probably force all manufacturers to take sides or lay out more diversified production ecosystems, and the labor force and potential markets in ASEAN and South Asia will become the best choice for industry players. To avoid becoming casualties in the conflict between the two superpowers, the best strategy is to create a third battlefield that the G2 needs. The current industry structure does have the opportunity to allow Japanese, South Korean and Taiwanese manufacturers to find more space in emerging markets.
ASC 100: Collaboration between supply chains of ASEAN and South Asia
14
Jun