Will be in close contact with Karnataka regarding manufacturing project: Foxconn
1 year, 9 months ago

Will be in close contact with Karnataka regarding manufacturing project: Foxconn

Live Mint  

Hon Hai Technology Group on Monday said it will be in "close contact" with the Karnataka government to take forward and ensure the "successful grounding" of its manufacturing project near Bengaluru. "My team will be in close contact with your team to take this forward and ensure successful grounding of "Project Elephant" in Bengaluru. Thanking the Chief Minister and his government for making his visit to Bengaluru a "big success", he said, "Chief Secretary Vandita Sharma and senior officials made a presentation on three key pillars essential for making "Project Elephant" a grand success. Foxconn had also signed a "Letter of Intent" with the government of Karnataka, expressing intent to establish a manufacturing facility in over 300 acre land parcel at an industrial area near Doddaballapura within a period of five years.

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History of this topic

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

Karnataka government engages with iPhone-maker Foxconn for further potential investment
4 months, 1 week ago

Karnataka government engages with iPhone-maker Foxconn for further potential investment

Hindustan Times  

The Karnataka Government, under the leadership of Chief Minister Siddaramaiah, held a strategic meeting with the CEO and Chairman of Hon Hai Technology Group Young Liu on Friday on strengthening Foxconn's existing investment in Karnataka and exploring future opportunities to expand the company's operations within the state. READ | Karnataka suspends leaves of government doctors amid IMA nationwide strike after …

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 …

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 Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24
11 months, 4 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 …

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.” …

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 …

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 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 …

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 …

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 …

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024
1 year, 6 months ago

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024

India Today  

Foxconn, the Taiwanese multinational electronics contract manufacturer, is planning to start manufacturing iPhones at its proposed Devanahalli plant in Bengaluru by April 2024, Karnataka Minister for Large and Medium Industries MB Patil said. Karnataka will hand over the required land to the company by July 1 to facilitate the production, Patil said. The Taiwan-based company has paid 30% of the …

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 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 …

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 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 …

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 chairman writes to CM, confirms plant in Telangana
1 year, 9 months ago

Foxconn chairman writes to CM, confirms plant in Telangana

Deccan Chronicle  

HYDERABAD: Ending the confusion over setting up an electronic manufacturing facility in Telangana, Foxconn Technology Group chairman Young Liu wrote a letter to Chief Minister K. Chandrashekar Rao on Monday stating that the Taiwanese contract manufacturing giant is committed to setting up the plant at Kongarakalan Park on the city outskirts while referring to the CM as a "new friend …

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai
1 year, 9 months ago

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai

The Hindu  

Two days after issuing a ‘clarification’ that “no binding and definitive” agreements were made on investments in Karnataka, Taiwanese Hon Hai Precision Industry Co. Ltd. on Monday wrote to Karnataka Chief Minister Basavaraj Bommai expressing keenness to take forward its proposed electronics production facility in Karnataka. Foxconn Chairman Young Liu, in his letter to Mr. Bommai, promised to ensure successful …

Foxconn plans new India iPhone plant in shift away from China
1 year, 9 months ago

Foxconn plans new India iPhone plant in shift away from China

The Hindu  

Apple will manufacture iPhones at a new plant in India, officials said Friday, as the U.S. tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile's global supply chain is based mainly in China, where strict Covid policies last year and ongoing diplomatic tensions with the United States have hurt production. Foxconn, the …

Apple Partner Foxconn To Set Up Manufacturing Facility in Telangana, May Create 1 Lakh Jobs
1 year, 9 months ago

Apple Partner Foxconn To Set Up Manufacturing Facility in Telangana, May Create 1 Lakh Jobs

News 18  

Taiwanese electronics giant Foxconn will set up its manufacturing facility in Telangana, even as Hon Hai Technology Group and the state government have signed an agreement. Foxconn Chairman Young Liu on Thursday called on Telangana Chief Minister K Chandrashekar Rao. According to a Bloomberg report, Apple Inc partner Foxconn Technology Group plans to invest about $700 million on a new …

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production
1 year, 9 months ago

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production

News 18  

Foxconn Technology Group, a major manufacturer for Apple’s iPhone, is reportedly planning to invest up to $700 million to build a new plant in India. According to Bloomberg, Foxconn could be looking at producing iPhone parts on a 300-acre site located near Bengaluru, Karnataka. Last November, Foxconn’s Zhengzhou facility, known as the biggest Apple iPhone factory globally, faced challenges with …

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report
2 years ago

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report

ABP News  

As Foxconn, the maker of iPhones, aims to boost the production of Apple devices in India, the company is reportedly building large hostels for nearly 60,000 employees at its manufacturing unit in Chennai, reported by the Economic Times. According to the report, in response to the strong domestic demand for Apple products and Foxconn’s aim to diversify away from China, …

How Foxconn cleaned up its mess in India
2 years ago

How Foxconn cleaned up its mess in India

Live Mint  

Lakshmi, who works with Foxconn’s mobile phone manufacturing facility at Sriperumbudur, near Chennai, stayed at the Pallava Hostel in the temple town of Kanchipuram. Contract workers were not made permanent even after a year of doing a core job though a Tamil Nadu government law stipulates that they should be after 240 days, several workers and labour unions said. Foxconn’s …

Apple supplier Foxconn plans to quadruple workforce at India plant: Report
2 years, 1 month ago

Apple supplier Foxconn plans to quadruple workforce at India plant: Report

Live Mint  

Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China. While the size of the plant in India's southern state of Tamil Nadu is dwarfed by Foxconn's Zhengzhou plant, which employs 200,000 workers, …

Apple supplier Foxconn to update on outlook after China COVID-19 curbs
2 years, 1 month ago

Apple supplier Foxconn to update on outlook after China COVID-19 curbs

The Hindu  

Apple Inc. supplier and iPhone assembler Foxconn plans to update its fourth-quarter outlook on Thursday, having warned this week of the impact of COVID-19 restrictions at a major plant in China's Zhengzhou. Foxconn's main Zhengzhou plant in central China, which employs about 200,000 people, has been rocked by discontent over stringent measures to curb the spread of COVID-19, with many …

Apple supplier Foxconn says working to resume China production as soon as possible
2 years, 1 month ago

Apple supplier Foxconn says working to resume China production as soon as possible

The Hindu  

Taiwan's Foxconn, Apple Inc's biggest iPhone maker, said on Monday it was working to resume full production at a major plant in China's Zhengzhou as soon as possible that has been hit by COVID-19 curbs and revised down its fourth quarter outlook. The Zhengzhou Airport Economy Zone in central China said it would impose "silent management" measures with immediate effect, …

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