Monday, July 31, 2023

Apple Supplier Foxconn Said to Invest $500 Million to Build Component Factories in India

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.

from Gadgets 360 https://ift.tt/GjPdXgx

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...