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Apple supplier Foxconn 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-hit China. Foxconn's Singapore-based ...
Apple's iPhone supply chain shifts further from China to Chennai The Fruity Cargo Cult Apple is moving more of its iPhone supply chain into India, with its long-time partner Foxconn dropping $1.5 ...
Apple's manufacturing partner, Foxconn, is investing $1.5 billion to build a new display module plant in Tamil Nadu, India.
Foxconn bought 9,999 shares in Yuzhan Technology (India) Private Limited, its Tamil Nadu-based unit, at INR 10 per share, including a premium component, taking the total deal value to $1.48 Bn It ...
Foxconn, formally known as Hon Hai Precision Industry Co. Ltd (2317.TW), is among several Apple suppliers ramping up investment in India as the tech giant looks to reduce its dependence on China and ...
Foxconn invests $1.5B to expand iPhone production in India, adding dorms for 30,000 workers, aiming to make 25M–30M iPhones in 2025 despite U.S. pushback.
This comes despite Trump asking Apple’s Cook to halt production in India and instead shift base to the United States.
Hon Hai (Foxconn) is investing $1.5 billion in its India unit as Apple ramps up iPhone production outside China. The move highlights Apple's growing shift toward India amid global supply chain changes ...
Apple’s contract manufacturer Foxconn recently confirmed a $1.49 billion investment in its Indian subsidiary to build a ...
The investment was made through Foxconn's Singapore-based arm into its Tamil Nadu unit, Yuzhan Technology (India) Pvt Ltd. As per regulatory filings, Foxconn Singapore acquired 9,999 shares of Yuzhan ...