Foxconn India Investment

Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...

Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in Karnataka, the state government said in a statement on Tuesday.

Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.

Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday. Taiwan-based Foxconn, the world's largest contract manufacturer of electronics, has rapidly expanded its presence in India.

Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday.

iPhone maker Apple will start manufacturing its wireless earphones AirPods at Foxconn's Hyderabad factory, according to sources. "Foxconn Hyderabad factory will make AirPods. The factory is expected to begin mass production by December," a source told PTI.

Taiwanese electronics manufacturing giant Foxconn sees potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said.

The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore.

Taiwan's Foxconn will invest $600 million in two manufacturing projects in southern Indian state of Karnataka, including one which will be a partnership with US-based Applied Materials, a state government statement said.

Taiwan's Foxconn will invest $600 million in two projects in the southern Indian state of Karnataka for chip equipment manufacturing and casing components for iPhones, the state government said on Wednesday.

Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million (roughly Rs. 4,115 crore) to build two component factories in India. At least one of the factories that the Taiwanese company plans to construct in Karnataka will produce Apple parts, including for iPhones, people familiar with the matter said.

The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.

Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years.

Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...

Apple supplier Foxconn seems to be eyeing expanding its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other contract manufacturers of Apple in India have assembled only iPhone models. The latest iPhone 15 series was assembled in Foxconn's Chennai factory. In rece...

Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in Karnataka, the state government said in a statement on Tuesday.

Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.

Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday. Taiwan-based Foxconn, the world's largest contract manufacturer of electronics, has rapidly expanded its presence in India.

Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday.

iPhone maker Apple will start manufacturing its wireless earphones AirPods at Foxconn's Hyderabad factory, according to sources. "Foxconn Hyderabad factory will make AirPods. The factory is expected to begin mass production by December," a source told PTI.

Taiwanese electronics manufacturing giant Foxconn sees potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said.

The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore.

Taiwan's Foxconn will invest $600 million in two manufacturing projects in southern Indian state of Karnataka, including one which will be a partnership with US-based Applied Materials, a state government statement said.

Taiwan's Foxconn will invest $600 million in two projects in the southern Indian state of Karnataka for chip equipment manufacturing and casing components for iPhones, the state government said on Wednesday.

Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million (roughly Rs. 4,115 crore) to build two component factories in India. At least one of the factories that the Taiwanese company plans to construct in Karnataka will produce Apple parts, including for iPhones, people familiar with the matter said.

The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.

Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years.

Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...