Foxconn lines up Rs 4,110 cr for new Hyderabad plant, 25,000 jobs likely Foxconn pulls out of semiconductor joint venture with Vedanta Ltd Vedanta-Foxconn JV set to get govt approval for its chip-making plant Vedanta may successfully handle its debt in the next 12 months: Report Foxconn inks Rs 1.6K crore deal with TN for… Continue reading Taiwan is and will be India’s most trusted partner, says Foxconn CEO
Tag: Foxconn
Foxconn EV venture targets India and Thailand for new small car plant
Foxconn’s venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive said. The Taiwanese company’s EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build… Continue reading Foxconn EV venture targets India and Thailand for new small car plant
Apple’s main supplier Foxconn plans $500 mn component plants in India
By Sankalp Phartiyal Apple Inc.’s main supplier, Foxconn Technology Group, plans to increase its investments to more than $1.2 billion in southern India’s Karnataka state and add two component factories there, expanding a steady diversification from China to mitigate the risks of US economic and technology sanctions. At least one of… Continue reading Apple’s main supplier Foxconn plans $500 mn component plants in India
K’taka ministers hold talk with Foxconn Chairman on investments in state
Industries Minister M B Patil on Monday said that the Karnataka government had held “fruitful” discussions with Foxconn, a major iPhone assembler for Apple, about intended projects for which the company is keen to invest in the state. Patil, IT/BT Minister Priyanka Kharge and Foxconn Chairman Young Liu were present at the discussions… Continue reading K’taka ministers hold talk with Foxconn Chairman on investments in state