Foxconn breaks ground for $500 million manufacturing plant near Hyderabad
1 year, 7 months ago

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad

The Hindu  

Electronics manufacturing major and iPhone maker Apple’s supplier Foxconn broke ground on Monday for a production plant near Hyderabad, on which Telangana IT Minister K.T. A greenfield project, the facility will create 25,000 direct jobs in its first phase itself, Mr. Rao told the groundbreaking at Kongara Kalan, in neighbouring Ranga Reddy, in the presence of Foxconn subsidiary Foxconn Interconnect Technology Chairman and CEO Sidney Lu and others. Addressing the gathering, Mr. Liu said new facilities such as the one proposed to grow the global manufacturing base required significant investments and helped “better serve our customers, expand capabilities and create new opportunities for team members.” The company looked forward to working with the local talent and continue the fruitful relationship with the government, he added. During his visit to India earlier this year, Foxconn chairman Young Liu spoke of the company’s manufacturing plans for Telangana and Karnataka.

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History of this topic

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit
3 months, 4 weeks ago

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit

Hindustan Times  

Electronics manufacturing giant Foxconn has infused about ₹1,200 crore -- approximately USD 144 million -- into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has …

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra
4 months ago

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra

New Indian Express  

VIJAYAWADA: Minister for Human Resource Development, Information Technology, and Electronics Nara Lokesh, who promised to create 2 million jobs for the youth, has been actively working towards fulfilling the election promise. On the occasion, Minister Lokesh informed the Foxconn representatives about the new electronics policy which would be unveiled soon. We will extend all cooperation for this,” Minister Lokesh told …

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka
4 months, 1 week ago

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah on Friday assured Taiwanese electronics manufacturer Foxconn of complete support to its projects in Karnataka, and requested the firm further invest in the state. Our government is always ready to support you, and I request that you further invest in Karnataka, which has huge investment potential,” the CM said during a meeting with Young Liu, Chief …

Eager to explore investment opportunities in proposed new city, Foxconn chairman tells Telangana CM
4 months, 1 week ago

Eager to explore investment opportunities in proposed new city, Foxconn chairman tells Telangana CM

The Hindu  

Taiwanese electronics contract manufacturing major Foxconn has conveyed interest in exploring investment opportunities in Hyderabad, especially the fourth city the government has mooted on the outskirts, to Chief Minister A. Revanth Reddy. “The Chief Minister highlighted Telangana’s new investment friendly policies and the ambitious Fourth City project, extending an invitation to Foxconn. Stating that he was impressed with Mr.Reddy’s vision …

Revanth pitches for Fourth City project with Foxconn
4 months, 1 week ago

Revanth pitches for Fourth City project with Foxconn

Deccan Chronicle  

Hyderabad: Chief Minister A. Revanth Reddy met with Foxconn chairman Young Liu in Delhi on Friday and invited his company to invest in the proposed Fourth City, which is being developed on the city outskirts. Young said Foxconn was eager to explore investment opportunities in Hyderabad and a team led by chief campus operations officer Kathy Yang and India representative …

Foxconn to build new business HQ in Henan
4 months, 4 weeks ago

Foxconn to build new business HQ in Henan

China Daily  

Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as the company is diversifying revenue sources and reducing its heavy dependence on assembling Apple's iPhones. Roger Sheng, vice-president of research at US market research company Gartner, said Foxconn is diversifying its business layout and …

Foxconn to invest 1b yuan in new headquarters
4 months, 4 weeks ago

Foxconn to invest 1b yuan in new headquarters

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as it has signed a strategic partnership with the provincial government. With a construction area of approximately 70,000 square meters, …

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24
11 months, 3 weeks ago

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24

Deccan Chronicle  

HYDERABAD: A delegation of the Foxconn Group, a Taiwanese company that manufactures Apple products, on Tuesday met Chief Minister A. Revanth Reddy at the Secretariat to discuss the company’s expansion plans for Telangana. The delegation, led by Foxconn's Hon Hai Precision Industry Company Limited’s representative Wee Lee, said that its manufacturing plant at Kongarakalan on the city outskirts will become …

Foxconn to open its first iPhone assembly plant in Bengaluru in April 2024, to make 20 mn units a year
1 year ago

Foxconn to open its first iPhone assembly plant in Bengaluru in April 2024, to make 20 mn units a year

Firstpost  

Foxconn is gearing up to inaugurate its first iPhone assembly plant in Bengaluru in April 2024, where it will assemble over 20 million units each year. This will be Foxconn’s second iPhone assembly plant in India, after the one in Tamil Nadu’s Sriperumbudur In a significant development, Foxconn, a key Apple supplier, is gearing up to inaugurate its first iPhone …

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid
1 year ago

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid

Hindustan Times  

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion investment for construction projects. The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The announcement, made in an exchange filing in Taiwan late Monday, didn’t give any further details, saying only that the investment was for “operational needs.” …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India
1 year, 3 months ago

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India

Firstpost  

Foxconn has hinted that it plans to expand rapidly in India and will create tens of thousands of jobs by next year. Lee expressed Foxconn’s strong commitment to doubling its workforce, increasing foreign direct investment, and expanding its overall business operations in India within the next year. We will redouble our efforts to offer you an even greater birthday gift …

Foxconn backs India’s role in electronics manufacturing
1 year, 3 months ago

Foxconn backs India’s role in electronics manufacturing

Live Mint  

NEW DELHI : Foxconn Technology Group chairman Young Liu has backed India as an important country for the future of manufacturing, saying that the opportunities for the development of electronics manufacturing and industrial chains were huge. I don’t think it’s perfect to speculate from history, but we feel that development of the entire ecosystem and industrial chain, and the opportunities …

Foxconn seeks to work with STMicro to build India chip plant
1 year, 3 months ago

Foxconn seeks to work with STMicro to build India chip plant

Live Mint  

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country. Taiwan’s Foxconn and Franco-Italian STMicro are applying for state support for a 40-nanometer chip plant, people familiar with the matter said, asking not to be identified as the plan …

Foxconn teams up with STMicro for semiconductor plant in India: Report
1 year, 3 months ago

Foxconn teams up with STMicro for semiconductor plant in India: Report

India Today  

Foxconn Technology Group is collaborating with STMicroelectronics NV to submit a joint bid for constructing a semiconductor manufacturing plant in India, with the aim of securing state support for this endeavor, reported Bloomberg News. It may be noted that setting up semiconductor manufacturing plants is a formidable task, as these facilities entail substantial investments, often reaching billions of dollars, and …

Make in India: Dell, HP, Foxconn, and others in line for state aid in production
1 year, 3 months ago

Make in India: Dell, HP, Foxconn, and others in line for state aid in production

Live Mint  

Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Foxconn gets board nod for $400 million investment in Telangana
1 year, 4 months ago

Foxconn gets board nod for $400 million investment in Telangana

The Hindu  

Leading contract manufacturer of electronics globally Foxconn, which operates through multiple entities, has announced board approval for a $400 million investment in Telangana, the southern State where in May it broke ground for a $500 million manufacturing facility. Telangana IT and Industries Minister shared a social media post of V. Lee, Foxconn representative in India, and said that adding the …

Foxconn to invest $400m more in Telangana
1 year, 4 months ago

Foxconn to invest $400m more in Telangana

Deccan Chronicle  

HYDERABAD: In a major boost to the state’s manufacturing sector, third-party phone and peripherals contract manufacturer Foxconn Group on Saturday announced an additional investment of $400 million into Telangana. Another $400 million is coming,” V. Lee, Foxconn’s India representative, announced on his LinkedIn wall, while sharing FIT Hon Teng Limited's 'voluntary announcement' that the company had made to the Hong …

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore
1 year, 4 months ago

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore

The Hindu  

The Karnataka government and iPhone maker Foxconn have signed the Letter of Intent to set up two additional projects with an estimated investment outlay of ₹5,000 crore, said Large and Medium Industries Minister M.B. The intended projects include a phone enclosure project for which Foxconn Industrial Internet,, a Foxconn subsidiary, will invest ₹3,000 crore that is estimated to create 12,000 …

Foxconn inks ₹1,600-crore deal with T.N. to set up electronic components manufacturing facility in Kancheepuram
1 year, 4 months ago

Foxconn inks ₹1,600-crore deal with T.N. to set up electronic components manufacturing facility in Kancheepuram

The Hindu  

Taiwanese firm Foxconn Technology Group, a key supplier to Apple Inc., on Monday gave a commitment to the Tamil Nadu government to invest ₹1,600 crore to establish a manufacturing facility in Kancheepuram district. According to a senior government official, this MoU enables Foxconn to support research and development capabilities in partnership with IIT-M for Tamil Nadu to improve the talent …

PM Modi meets Foxconn chief days after Taiwanese firm breaks from $20 bn JV with Vedanta
1 year, 4 months ago

PM Modi meets Foxconn chief days after Taiwanese firm breaks from $20 bn JV with Vedanta

Hindustan Times  

Foxconn chief Young Liu met Prime Minister Narendra Modi in Gujarat’s Gandhinagar on Friday, where both attended Semicon India 2023 conference. The meeting comes days after the Taiwanese company withdrew from a $20 billion joint venture - Vedanta Foxconn Semiconductors Limited - that would have brought the first chip manufacturing plant in India. PM Modi meets Foxconn chief Young Liu …

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka
1 year, 5 months ago

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka

The Hindu  

Foxconn Industrial Internet, a subsidiary of iPhone maker Foxconn, has made a proposal to set up a plant at Tumakuru in Karnataka with an investment outlay of ₹8,800 crore. As per the fresh proposal, Fii has explored opportunities to set up a plant that would bring in an investment of ₹8,800 crore to the state and generate 14,000 jobs. The …

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore
1 year, 5 months ago

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore

Hindustan Times  

Taiwanese electronics manufacturing giant Foxconn, which is a major supplier for Apple Inc, has proposed a second manufacturing unit in Karnataka, Large and Medium Industries Minister M B Patil said on Monday. Foxconn's unit, called Foxconn Industrial Internet, will set up a second plant of around 100 acres in Tumakuru by investing around ₹ 8,800 crore. Foxconn's unit, called Foxconn …

Foxconn delegation meets CM, plans supplementary plant
1 year, 5 months ago

Foxconn delegation meets CM, plans supplementary plant

Deccan Chronicle  

Bengaluru: The delegates of Foxconn Industrial Internet, a subsidiary of i-phone maker, led by Foxconn Chief Executive Officer Brand Cheng held discussion with Chief Minister Siddaramaiah in Bengaluru on Monday over setting-up of Foxconn supplementary plant in about 100-acre of land. To the Foxconn delegation, Chief Minister Siddaramaiah extended an invitation to set-up its plant and assured the state government …

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil
1 year, 5 months ago

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil

Firstpost  

Earlier this week, Foxconn terminated its joint venture with India’s Vedanta Group for chip production. Sources revealed that Foxconn has been in talks with TSMC and TMH for quite some time now Karnataka’s Large and Medium Industry Minister MB Patil said on Friday that the legal hurdles to establishing iPhone makers’ Foxconn factory in the state have been cleared and …

Foxconn eyes partner for new chip venture
1 year, 5 months ago

Foxconn eyes partner for new chip venture

Live Mint  

New Delhi: A day after withdrawing from the $19.5 billion joint venture with Vedanta, the world’s largest contract manufacturer Foxconn said it remains committed to building India’ssemiconductor ecosystem and will begin afresh with new partners. According to Hon Hai Technology Group, better known as Foxconn the world over, said challenging gaps with Vedanta could not be solved. Foxconn Technology Group …

Foxconn plans India semiconductor unit without Vedanta, seeks ‘diverse’ stakeholders
1 year, 5 months ago

Foxconn plans India semiconductor unit without Vedanta, seeks ‘diverse’ stakeholders

Hindustan Times  

Foxconn is planning to apply separately to build a semiconductor manufacturing plant in India, the Taiwanese tech giant said on Tuesday, a day after withdrawing from a semiconductor joint venture with India's Vedanta Limited. FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, “Foxconn is working towards submitting an application related to Modified Programme …

Foxconn withdraws from its semiconductor joint venture with Indian conglomerate Vedanta
1 year, 5 months ago

Foxconn withdraws from its semiconductor joint venture with Indian conglomerate Vedanta

The Hindu  

Taiwan-based Hon Hai Technology Group on Tuesday said that it intended to submit an application under the modified Production-Linked Incentive scheme for semiconductors, a day after it announced the end of its joint venture with the Vedanta Group to build a $19.5 billion semiconductor plant in Gujarat. “Foxconn is working toward submitting an application related to the ‘Modified Programme for …

Know why Foxconn broke up with Vedanta and set up shop in Tamil Nadu
1 year, 5 months ago

Know why Foxconn broke up with Vedanta and set up shop in Tamil Nadu

Firstpost  

When Foxconn ended its joint venture with Vedanta, a narrative was being pushed, which said that the Taiwanese tech giant had no confidence in India Semicon. Foxconn’s subsequent statement and the fact that they are setting up a new plant in Tamil Nadu, proves otherwise Taiwan’s Foxconn pulling out of its joint venture with India’s Vedanta seemed to be a …

Foxconn to apply for India chipmaking incentives after breaking up with Vedanta
1 year, 5 months ago

Foxconn to apply for India chipmaking incentives after breaking up with Vedanta

India Today  

Taiwan's Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion chipmaking joint venture. "Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem," the company said. On Monday, Foxconn withdrew from …

Foxconn pulling plug on chip plant venture won't have impact on India's semiconductor goals: Govt
1 year, 5 months ago

Foxconn pulling plug on chip plant venture won't have impact on India's semiconductor goals: Govt

Hindustan Times  

Following the withdrawal of Taiwanese electronic contract manufacturer Foxconn from its chip joint venture with Vedanta on Monday, Union Minister of State for Electronics & Technology said that India's semiconductor fabrication goals will remain unscathed by the company's departure. Foxconn, the world's largest contract electronics maker, has decided to withdraw from a ₹1.5 lakh crore semiconductor joint venture with Indian …

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan
1 year, 5 months ago

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan

India Today  

Taiwan’s Foxconn’s decision to withdraw from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta “has no impact on India's Semiconductor Fab goals”, the government said today, adding that it was “a bad idea to bet against India under PM Modi”. Foxconn, the world's largest contract electronics maker, and Vedanta had signed a deal last year to build semiconductor …

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch
1 year, 5 months ago

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch

ABP News  

Apple's largest and most prominent manufacturing partner Foxconn has ramped up hiring at the world's biggest iPhone factory in Zhengzhou province of China, weeks ahead of the launch of the upcoming iPhone 15. A recruiter named Zhao, which is responsible for hiring staff for Foxconn, is hiring permanent employees and temporary workers at an hourly wage of 21.5 yuan, the …

Foxconn denies allegations Apple will move supply chain outside China
1 year, 5 months ago

Foxconn denies allegations Apple will move supply chain outside China

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Liu Young-way, chairman and CEO of Foxconn Technology Group, the world's largest electronics manufacturing contractor, denied that Apple Inc planned to move its supply chains out of Chinese mainland. Foxconn, formally known as Hon Hai Precision Industry Co, is a key supplier of Apple. Looking …

Foxconn and Stellantis form joint venture to develop high-end automotive chips
1 year, 6 months ago

Foxconn and Stellantis form joint venture to develop high-end automotive chips

Hindustan Times  

Taiwan's tech giant Foxconn and US-European carmaker Stellantis announced Tuesday that they have set up a joint venture to design and sell high-end automotive chips. Tech companies, including Foxconn, have increasingly looked to shift manufacturing away from China after strict Covid policies, a bout of industrial unrest and ongoing diplomatic tensions with the United States hurt production. Stellantis, the world's …

iPhone-Maker Foxconn to Build Electric Two-Wheeler Factory in India, Reveals Annual Report
1 year, 6 months ago

iPhone-Maker Foxconn to Build Electric Two-Wheeler Factory in India, Reveals Annual Report

News 18  

Taiwanese company Foxconn, renowned for manufacturing Apple iPhones, is reportedly preparing to venture into the electric vehicle manufacturing market in India. In its recently released annual report on May 31, Foxconn revealed its plans to set up a production line in India this year specifically for two-wheeler electric vehicle manufacturing services. During Foxconn Chairman Young Liu’s previous visit to India, …

Foxconn to start manufacturing iPhone in Karnataka by April 2024
1 year, 6 months ago

Foxconn to start manufacturing iPhone in Karnataka by April 2024

The Hindu  

Taiwan’s Foxconn Technology Group will start manufacturing iPhones at its proposed Devanahalli plant, north of Bengaluru city in Karnataka, by April 2024, according to M.B. When Foxconn representatives led by George Chu met the Minister on June 15, he reiterated that the Karnataka Government would hand over the required land to the company by July 1 to facilitate manufacturing of …

Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'
1 year, 6 months ago

Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'

Firstpost  

Months after DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Karnataka minister Priyank Kharge on Thursday confirmed the veracity of the upcoming project Months after Congress leader DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Priyank …

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil
1 year, 6 months ago

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil

The Hindu  

Large and Medium Industries Minister M.B. Patil on Thursday said that Foxconn plans to start manufacturing iPhone units by April, 2024, at its proposed Devanahalli plant as the State government would be handing over the required land by July 1 this year. Along with this, the Government would ensure 5 MLD of water, quality power supply, road connectivity and other …

Apple To Manufacture Only AirPods In India: Report
1 year, 7 months ago

Apple To Manufacture Only AirPods In India: Report

ABP News  

With Apple's biggest supplier and contract manufacturer Foxconn investing $500 million in a manufacturing facility in the Indian state of Telangana, the tech giant is likely to start making only AirPods here and may not manufacture iPads and Mac personal computers in the country, says a report by The Economic Times. Apple partner Foxconn's investment in Telangana is likely to …

Foxconn's Hyd unit to take off today
1 year, 7 months ago

Foxconn's Hyd unit to take off today

Deccan Chronicle  

HYDERABAD: Telangana state will scrpit a new historical chapter in the industrial sector on Monday, with Taiwanese multinational electronics giant Foxconn beginning its works on setting up its manufacturing facility in Kongara Kalan on the city’s outskirts with an investment of nearly Rs 3,500 crore. Rama Rao and Foxconn officials will take part in the ground-breaking ceremony on Monday and …

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru
1 year, 7 months ago

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru

Firstpost  

Bengaluru: As it looks to diversify production away from China, Taiwanese electronics giant Foxconn in a filing on Tuesday said that it has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru. Foxconn, also known by its official name Hon Hai Precision Industry, is the world’s biggest contract electronics manufacturer and a principal assembler of …

iPhone maker Foxconn buys huge site in Devanahalli
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Devanahalli

The Hindu  

May 09, 2023 09:50 pm | Updated 09:50 pm IST - Bengaluru Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the …

iPhone maker Foxconn buys huge site in Bengaluru
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Bengaluru

India Today  

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Karnataka state chief minister Basavaraj S. Bommai said in March that Apple would "soon" manufacture iPhones at a new plant that would create …

Foxconn's $300 million plant to take off on May 15
1 year, 7 months ago

Foxconn's $300 million plant to take off on May 15

Deccan Chronicle  

HYDERABAD: The $300 million electronics manufacturing facility of Foxconn, Taiwanese multinational electronics contract manufacturer, is all set to take off on May 15 in Telangana. Foxconn chairman Young Liu and his team met Chief Minister K. Chandrashekar Rao, and Industries Minister K.T.Rama Rao at Pragathi Bhavan on March 2. Following the meeting, the Chief Minister's Office issued a press release …

Apple Inc supplier Pegatron to open 2nd factory in India
1 year, 8 months ago

Apple Inc supplier Pegatron to open 2nd factory in India

Firstpost  

Pegatron plans to add a second facility near the southern city of Chennai in Tamil Nadu state, just six months after opening the first with an investment of $150 million, said the sources, who sought anonymity as the talks are private New Delhi: Apple Inc’s Taiwanese supplier Pegatron Corp is in talks to open a second India factory, said two …

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs
1 year, 9 months ago

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs

ABP News  

The Karnataka government on Monday gave its nod to Rs Rs 8,000 crore project by iPhone-Maker Foxconn Hon Hai Technology India Mega Development Private Limited. The committee also cleared 18 other projects with a total projected investment of around Rs 75,393.57 crore. On March 3, a delegation led by Foxconn CEO and chairman Young Liu visited Karnataka and held a …

Foxconn to make AirPods in TS, first outside China
1 year, 9 months ago

Foxconn to make AirPods in TS, first outside China

Deccan Chronicle  

TAIPEI: Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in the Indian state of Telangana to produce the wireless earphones, two people with direct knowledge of the matter told Reuters. The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70 per cent …

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