Foxconn Invests In Karnataka

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 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.

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.

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...

Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state's Large and Medium Industries Minister M B Patil said on Monday.

Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka.

The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn.

Apple supplier Foxconn is planning to invest about $700 million (roughly Rs. 5,763 crore) on a new plant for iPhone parts in Karnataka, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. Foxconn plans to build the plant to make iPhone parts on a 300-acre sit...

Apple supplier Foxconn will invest an undisclosed sum in India's southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state's chief minister said on Thursday. The investment will create 100,000 jobs in the state, Telangana's IT minister KT Rama Rao said. The announcement followed a meeting between...

India's southern Karnataka state is in serious talks with Taiwan's Foxconn over investment plans, Chief Minister Basavaraj Bommai said on Wednesday, potentially setting it up as the Indian third state to host Foxconn. Foxconn is said to be the world’s largest electronics manufacturer. As of last year, it ranks 20th in the Fortune Global 500.

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 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.

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.

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...

Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state's Large and Medium Industries Minister M B Patil said on Monday.

Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka.

The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn.

Apple supplier Foxconn is planning to invest about $700 million (roughly Rs. 5,763 crore) on a new plant for iPhone parts in Karnataka, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. Foxconn plans to build the plant to make iPhone parts on a 300-acre sit...

Apple supplier Foxconn will invest an undisclosed sum in India's southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state's chief minister said on Thursday. The investment will create 100,000 jobs in the state, Telangana's IT minister KT Rama Rao said. The announcement followed a meeting between...

India's southern Karnataka state is in serious talks with Taiwan's Foxconn over investment plans, Chief Minister Basavaraj Bommai said on Wednesday, potentially setting it up as the Indian third state to host Foxconn. Foxconn is said to be the world’s largest electronics manufacturer. As of last year, it ranks 20th in the Fortune Global 500.