News

Foxconn, the major Apple supplier, unveils plans to double investments and workforce in India. By John Lopez Published: Sep 17 2023, 14:24 PM EDT ...
According to Bloomberg, Foxconn is planning to build the manufacturing facility on a 300-acre site near the city of Bengaluru—India’s IT hub—where it will manufacture iPhone components and ...
However, with the India market's scale and clients' plans for the market, Foxconn is likely to expand production lines in the country to make notebooks, PCs, tablets, and wearable devices.
Foxconn has invested USD 1.4 billion in India till date, according to the company. "So far, till last year, we have done more than USD 10 billion in business size.
Foxconn intends to apply for India's semiconductor manufacturing incentives despite exiting its $19.5 billion joint venture with Vedanta.
On July 10, Foxconn (2317.TW) said that it would not move forward with the chip joint venture with Vedanta and is looking for new partners for investments in semiconductor manufacturing in India ...
Foxconn continues to invest in India without slowing down. The company, which has been producing a portion of iPhone and AirPods in the country for some time, is now investing $600 million in ...
Apple’s main iPhone manufacturer Foxconn has expanded its efforts to cut its dependency on China and invested $500 million this week to bolster an existing plant in India. The investment ...
Update: As reported by Reuters, Foxconn India’s iPhone plant restarted production this Wednesday after three weeks closed. The publication notes that the factory reopened with one shift and 120 ...
Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...