iPhone Maker Foxconn Buys Massive Piece of Land in Bengaluru to Diversify Production

iPhone Maker Foxconn Buys Massive Piece of Land in Bengaluru to Diversify Production

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. Also known by its official name, Hon Hai Precision Industry, Foxconn is the…