Apple Provider Foxconn Stated to Plan $1 Billion Funding in India

Foxconn plans to invest up to $1 billion (roughly Rs. 7,516 crores) to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple away from China …

Read moreApple Provider Foxconn Stated to Plan $1 Billion Funding in India

Apple Provider Foxconn Stated to Plan $1 Billion Funding in India

Foxconn plans to invest up to $1 billion (roughly Rs. 7,516 crores) to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple away from China …

Read moreApple Provider Foxconn Stated to Plan $1 Billion Funding in India