Foxconn was also said to sign an agreement to spend $195 million for building a mobile component plant in India. Its Shanghai-listed subsidiary later dismissed the report. BEIJING, August 4 (TMTPost)— Apple’s major supplier Hon Hai Technology Group (Foxconn) is still seeking output expansion...
Accordingto sourcescommunicating withBloomberg, Foxconn plans to invest about $700 million on a new plant in India to ramp up iPhone part production. The facility may also be used for iPhone assembly and electric vehicle part production. The report states that Foxconn expects to create about 100,...
Personally, if Apple does build a plant in India, I would have preferred to have seen it built by someone other than Foxconn. I don't like seeing Apple place all their eggs in one basket.
BEIJING, March 16 (TMTPOST)— Foxconn, the biggest iPhone maker, will first become a supplier for AirPods, the wireless earbuds that Apple Inc first released in 2016. Source: Visual China Foxconn first won a contract for AirPods and plans to make the device in a new plant in India, Reute...
Apple will manufacture iPhones at a new plant in India, officials said Friday, as the US tech giant seeks to ramp up its India production and diversify away from China.
BEIJING, March 3 (TMTPOST)— Apple's key supplier Foxconn Technology Group reported to greatly ramp up production capacity in India, as part of effort to reduce reliance on mainland China. Source: Visua China Foxconn plans to invest about $700 million to build a new plant, covering 300 acre...
Sources say that this isn't a finalized plan and could change. It also isn't clear if this is a plant for new product output or if it will replace production from another location. Could we have the rumour meter on this article, please?If the factory goes ahead, I'm hoping India get...
Demand for iPhone rising in India As per rules, goods manufactured in SEZs would be earmarked for exports. but thanks to the denotification, the area within the Foxconn plant will be regarded as DTA (domestic tariff area), and this would enable the company to increase its workforce an...
A local report from The Economic Times of India claims Foxconn is close to signing the deed to a roughly 1,200-acre plot of land in Maharashtra, on top of which will be built a $10 billion manufacturing plant serving Apple's needs. From the time a deal is inked, sources estimate it ...
Foxconn, the world's top iPhone assembler, has since 2019 manufactured Apple handsets in India at its plant in the southern state of Tamil Nadu. Two other Taiwanese suppliers, Wistron and Pegatron, also manufacture and assemble Apple devices in India. Apple said last September it would manufactur...