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NEW DELHI/TAIPEI (Reuters) - Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.
Apple's largest iPhone producer has reportedly ordered hundreds of its India-based Chinese workers to return to their native China but for unspecified reasons.
Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the ...
India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American ...
As part of the agreement, Foxconn will invest $118.7 million into the company, ... Apple and Foxconn do work together in India, with the latter assembling iPhones for the local market.
Hon Hai Precision Manufacturing, also known as Foxconn, the primary assembler of iPhones for Apple Inc. (AAPL), has ...
(Reuters) - Apple (NASDAQ: AAPL) supplier Foxconn (SS: 601138) will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff ...
Apple Inc.’s (NASDAQ:AAPL) plans to reduce reliance on China’s iPhone manufacturing capacity have received a significant boost. On May 20, the company’s supplier Foxconn announced plans to ...
Apple Inc. partner Foxconn Technology Group plans to double its investment and employment in India, highlighting an accelerating manufacturing shift away from China as Washington-Beijing tensions ...
Foxconn, a major Apple supplier, is planning to double its workforce and investment in India by 2024, according to a September 18 report by Reuters. V Lee, Foxconn’s representative in India, made the ...
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.