Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple’s iPhone in the country, according to a report. The move comes a year after the Taiwanese firm’s factories in China were negatively impacted by the country’s strict…
Apple supplier Foxconn will start manufacturing iPhones in the southern Indian state of Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1, the government said, adding that the project, valued at Rs. 130 billion, is…
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