Foxconn, a big entry in India-electronics manufacturing by Taiwan industry

In Taiwan's economy, Electronics is strategic and has around 30% share in the overall GDP. Taiwan strategically moved over to electronics manufacturing as key focus area in 1960s. The electronic industry in Taiwan highly dependent on exports. Domestic consumption of electronics is not big enough to support Taiwan's electronics industry. Before the rise of China in electronics manufacturing, Taiwan had a huge share in some of the area such as personal computers and laptops/notebook. Taiwan leveraged China manufacturing opportunity wisely by investing in China very early. Though it was a win-win idea, China-based companies took away the market-share held by Taiwan's electronic companies in some of the areas. Very good example is Lenovo in the PC market. Chinese companies have lot more higher market-share in the smart phone market and also flat panel television market. In semiconductor memory manufacturing, Taiwanese companies not keeping up any technology edge compared to Samsung, Toshiba and such companies. In DRAM, SRAM and Flash memory, Taiwanese companies are losing share to top four players in that market. However in the semiconductor foundry business, World's biggest semiconductor foundry TSMC, based out of Taiwan is increasing its share continuously. But China-based chip foundries are catching up faster. Now you have SMIC, a number one IC foundry in China maki...